Prime Minister Justin Trudeau's government, which is due to release its budget on Thursday, will make the investment to ramp up the extraction of processing of critical minerals including nickel, lithium, cobalt and magnesium, said the sources who are familiar with the matter but were not authorized to speak on the record.
"There are some particular projects that we are looking at and working on at the present time," Natural Resources Minister Jonathan Wilkinson said in a recent telephone interview with Reuters. "Canada has an abundance of valuable critical mineral deposits, and with the right investments, this sector can create thousands of new good jobs, grow our economy, and make Canada a vital part of the growing global critical minerals industry," said Adrienne Vaupshas, press secretary for Freeland.
Ontario is geographically close to U.S.-based automakers in Michigan and Ohio, and General Motors Co, Ford Motor Co and Stellantis NV have all announced plans to make electric vehicles at factories in the Canadian province.Since it can take many years - even a decade or more - to open new mines, Wilkinson said some of the projects being considered involve "tailings from existing mines from which you could extract critical minerals.
GM said on Monday that it was investing C$2 billion on two plants, including one that will produce an electric vehicle for commercial use in Canada. Last month, GM said it had partnered with South Korea's POSCO Chemical to build a facility to make battery materials in Quebec.
After allowing three Cdn mining companies (with lithium assets) be sold to Chinese without a national security review. Little late!
China would love that technology for some EV
To bad China has most of and the same for Russian wonder how that’s going to work trade off tec info from the F-35 they seem to have an MO of giving China tec
At this point of the Liberal Party they’re just numbers, they’ve spent so much money we didn’t have that it’s irrelevant at this point. It’s all vote buying, it’s dollars for donors. Somebody has to get the gold card out of Trudeau’s hands or we’re headed back to Pierre’s days
$2B is a lot of money for a plan. I don’t remember Canadians being informed of this huge spend. I want to be a part of the budget planning.
Ummm what machines will be used to mine minerals ? Battery operated excavators 😂😂
Buy land in Quebec
They don’t want oil and gas because it’s bad for the environment, it’s obvious they have never seen a lithium mining operation. 🤔 tell me again this government isn’t about keeping Canada down.
Want you to sit and drive around with a bomb under your ass. And then will jack hydro bill to make up lost money
Remember these are the same long term thinkers who demanded Ontarians not to ship garbage by rail up north to a welcoming host, instead landfill here to inspire people to reduce/reuse. Now they ship thousands of truckloads to Michigan, no carbon footprint issue there
That’s why there were so many “EV cheaper than gas car” ads lately. How about investing some on infrastructure first. I have an ev, it’s not easy to find a public charger.
Miss bobble head at it again, the liberals have to go.
Sounds like “legal” eco-terrorism.
How does JohnTory sleep at night knowing the new subway line build is supporting Putin’s Genocide.? fordnation is just as guilty. CTVToronto
Did we not just let the Chinese government buy a Canadian owned lithium mine? Nice try fake news.
You could have found a better pic
CTV cbc 🖕💩💩💩🤢🤢🤢🤢🤮🖕🖕🖕🖕fake news traitors
To make or recycle them?
Chrystia Freeland...she is one evil evil woman.
Hmm … curious. I wonder if it’s ok to use Green Bonds to fund extraction (in theory) of these valuable metals from oil sands spoil piles, using much of the same equipment? They can’t be used for carbon capture … but we can dig more holes for cobalt! YayGovernment
Ok so here we are again, harvesting Canada’s natural resources. As we do. Let’s all try to have a little respect for those that make a living in these sectors whether it be mining, oil or harvesting trees, ok? These industries run our economy.
2billion. Where the fack is that coming from. I don’t think these clowns know who they work for
We need a grid update first. New large single family home continue to be built with 100 amp service. That won’t due at all.
What a f ing joke
Is this not what private companies do? Please quit spending our taxes like it is your dream piggy bank
Wow, too bad we are in the habit of selling rare earth minerals to China. This is a perfect example of the liberal party(JT) not know what they are doing.
GOOD F 🇨🇳 We need to rely on 🇨🇦
Spend spend spend, spend beyond the measure of what the country can, spend into infinity until we reach the crazy spending seen under every other country that spent until their death keep the cycle going.
Ever see the process and the chemicals used to mine that material for batteries? They don’t run on electricity…
Where is this $ coming from ? Canadians are already in record debt!!!
Why is it everytime u hear the NDP Liberal government investing money it’s always in the billions. Where in the hell is all this money coming from?
Great news
She always looks like she has cramps.....
sure..don't forget...20% for the little prick
They want everyone to have an electric vehicle before addressing upgrades to electrical grids or finding green energy solutions for power consumption by owning such vehicles. Putting the horse before the cart yet again.
This same bunch of idiots invested in a pipeline. How did that work out?
Make EV affordable first. EV should be of the same price as that of the gas vehicle with similar specs.
Is Atlantic Canada even part of confederation now? Billions and billions invested by feds……in Ontario and Quebec. And then they say our economy is weak……..duh
I hope this Neo-Nazi B is not thinking in the MexicanLithium because Canada mines companies already owes more than $500 million dollars to that country
And who is he paying for this? Another one of his “pals”?
The government wants u to believe that EV’s are cheaper? Are they adding the billions and billions of your tax dollars to line highways with charging statu. Currently, there are none.
Jonathan Wilkinson signed deals for raw sewage to be dumped into our waters when he was Environment Minister… what disaster will he be creating as Natural Resources Minister?
After selling lithium deposits to China?
If the govt wants us all to get with the EV's, every one in this country has to get real comfortable with mining real fast. EV ≠ green
What ever happened to $millions? Since Justy got in it has been $Billions!!! Waste. Of. Money!!
Resource rich country over $1T in debt. More debt under this government than all others combined. Almost 7 years of throwing money around. Just imagine in 2025 after this coalition of the socialists is done with us.
That price tag will go up before a shovel touches the ground.
How much are they spending on how to dispose of spent batteries in a few years or do we have our head in the sand about that for now?
Look, a Nazi supporter.
Why who's going to be able to afford your electric vehicles
ESG hypocrisy cathmckenna
Lmao, surely mined by fossil fuelled machinery 👌
& that will be good for environment, how?
How is that 'climate' friendly in any way....?