But there are also some significant barriers to overcome — and quickly — if Canada is to capitalize on the new opportunities, capture market share and meet climate action targets.
Canada will need significantly more power generation and transmission to meet electrification objectives, more mines to produce critical minerals, more participation from First Nations and it will need to develop a new hydrogen industry.
And all of that will require a quicker regulatory process.
“It simply cannot take us 10 years to develop a new mine in this country, going forward,” Wilkinson said. “We have to think about ways to do this better.”
To address these challenges, Wilkinson today announced his government is launching regional energy and resource tables, to be held in every province and territory in Canada. The first will be formed in B.C., Manitoba and Newfoundland-Labrador, as those provinces have now signed agreements to…
