Feds Pitch $2B Fund for Critical Minerals Investments, Including Equity Stakes

Teck Resources’ Highland Valley Copper Mine is seen near Logan Lake, B.C., on Sept. 11, 2025. The Canadian Press/Darryl DyckThe federal budget says Canada will take out equity stakes in critical mineral projects to open up mining and position Canada as a major global supplier.The federal budget, released Tuesday in Ottawa, outlines a plan for a $2 billion “critical minerals sovereign fund” over five years for equity investments, loan guarantees and offtake agreements.