Canada eyes ‘generational opportunity’ with new critical minerals strategy

Natural Resources Minister Jonathan Wilkinson unveiled the federal government’s critical minerals strategy on Friday, which he said would help create jobs across the country and grow the economy. It includes driving exploration and building sustainable infrastructure in order to avoid the risks that come from international partners which don’t share common values, alluding to the challenges facing European allies struggling with Russia’s weaponization of energy supplies. Among the measures is a 30 per cent tax credit for minerals such as nickel, lithium, cobalt, graphite, copper, rare earth elements, vanadium and uranium.

• Canada has dozens of critical minerals. Here are the key ones and how they are used