
Federal government's nation-building projects list expected to draw from these five areas: source
Robichaud said that beyond the proposed offshore wind energy in Nova Scotia, new nuclear power from New Brunswick and hydro from Newfoundland and Labrador, the growth potential of onshore wind has already been identified in all four Atlantic provinces.
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'All of the Atlantic provinces require additional generation and there is opportunity in exporting energy, whether it's through transmission lines or as hydrogen, ammonia or other clean fuels,' she said.
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Eastern premiers are also hoping that Canada's renewed interest in strengthening ties with the European Union could facilitate the build-out of a hydrogen sector, leveraging the region's clean electricity to produce green hydrogen, which can then be converted into ammonia for long-distance shipping to markets such as Germany.
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'It's been pretty obvious that the EU is a partner that we're looking to get closer to, so if there's a way that we can work on making sure that our Atlantic provinces are well-equipped to send resources to Europe, that's important,' the senior government source said.
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Critical Minerals Pathways
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The Carney government has said the world is bullish on Canada's potential to supply critical minerals, so projects that capitalize on this opportunity are likely to draw attention as part of the nation-building initiative.
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The Ontario government's proposed multi-billion-dollar investment in the mineral-rich Ring of Fire region looms large on the list. Premier Doug Ford has put developing the vast region at the top of his priority list and is looking to speed assessments of some key components of the project under Bill C-5, including portions of a three-part road network proposed to provide access to the Ring of Fire.
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But Ottawa will also be looking at other mines and projects currently in the regulatory pipeline, as well as investments along the entire value chain for critical minerals, including midstream processing, manufacturing and recycling.
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Sector watchers warn that many early-stage mineral projects struggle economically because they must export their output for processing. In some cases, midstream processing or refining is essential for turning marginal or high-cost mining operations for minerals such as lithium and rare earths into economically viable projects.
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As a result, governments may want to prioritize investment in infrastructure and mining projects close to where midstream capacity already exists, Killeen said, pointing to the concentration of smelters, refineries and mills in Sudbury, Ont., the country's only copper smelter in Rouyn-Noranda, Que., and the massive zinc and lead smelting and refining complex in Trail, B.C.
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'There hasn't been a new smelter developed in Canada in decades,' he said. 'There's only a few pins in the map in Canada where you take raw material out of a mine and turn it into some further developed, value-added product. If we can fill in that midstream processing gap, that's a big part of building up the strategy that we want.'
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The final category could include two broad types of projects: energy and natural resource infrastructure, and transportation projects such as roads and railways, according to the source familiar with the government's thinking.
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The hope is these projects will create jobs while helping Canada's exports reach different trading partners.
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