Canada unleashes $12 billion mining push as Hodgson declares ‘new era’ at PDAC – Resource Works

March 2, 2026

At the world’s largest mining conference, Ottawa declares the ‘illusion’ of a stable global order shattered—and bets our economic future on critical minerals.

TORONTO — Canada’s Energy and Natural Resources Minister Tim Hodgson walked into the world’s largest mining conference on Monday morning and did not waste a moment on pleasantries. The world order has been shattered, he told delegates at the Prospectors & Developers Association of Canada (PDAC) 2026 conference, and Canada’s mines may be the country’s most powerful answer.

“The illusion of a stable, rules-based global order is not fading,” Hodgson told the packed room. “It has been shattered.”

It was a blunt opening, but the room was ready for it. Against a backdrop of escalating trade tensions, weaponized supply chains, and an intensifying scramble for the minerals that underpin everything from electric vehicles to missile guidance systems, the federal government is betting that Canada’s geological endowment is both economic lifeline and geopolitical leverage.

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