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

Date:

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.

spot_imgspot_imgspot_img

Share post:

More like this
Related

12-Year-Old Girl Dies After Thailand School Shooting, Bringing Death Toll to at Least 8

A coffin containing the body of a victim of...

Spain Imposes Border Controls on Italian Travelers Amid Immigration Dispute

Spain's Prime minister Pedro Sanchez (C-L) and Minister of...

BC Wildfire That Forced 20,000 to Evacuate Sees Little New Growth But Remains Out of Control

The Bald Range wildfire, that has forced 20,000 people...

Over 80% of Canadian Parents Skip COVID Vaccine for Their Kids: Report

A large majority of Canadian parents did not vaccinate...