cover image: Investment Incentives for Critical Minerals in Canada


Investment Incentives for Critical Minerals in Canada

4 Apr 2024

6 7 Canada Canada released its The Canadian strategy aims to “…increase the supply of responsibly sourced critical minerals and critical minerals list in support the development of domestic and global March 2021 that identifies value chains for the green and digital economy” … to “better position Canada as a reliable supplier 31 minerals considered of critical mineral resources to our allies.”5 Th. [...] and mapping for critical minerals, and the Critical Minerals Technology and Innovation Program, offering $144.4 million for “…research, Other incentives development, demonstration, commercialization and adoption of new technologies and processes The Critical Minerals Centre of Excellence, that support sustainable growth in Canadian proposed in the Canadian Critical Minerals critical minerals value. [...] The National Energy The IRA Advanced Manufacturing Production Technology Laboratory has provided over Credit supports the domestic production of critical $20 million in funding since 2015 for research minerals used in renewable energy generation, and development on midstream processing for energy storage and the manufacturing of related the purification, separation and reduction of products.19 Dom. [...] It gives the United of departments of the Interior, Agriculture, States President the authority to take measures Commerce, Environment and Army to accelerate to secure the supply of materials and services the issuance of permits and the completion needed for national defence.32 It was invoked in of projects in connection with expanding 2022 to strengthen domestic battery production and protecting. [...] lenders to minerals projects worldwide — and have made commitments to a net-zero economy.91 A central dilemma to critical minerals development is the problem of timeline “misalignment” along The Government of Canada can strengthen the value chain.89 The upstream, midstream, these institutions to advance critical minerals downstream and recycling stages of critical development and attract internati.
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