Motherlode Consulting Inc.’s Post

Natural Resources Canada | Ressources naturelles Canada proposes to accelerate #criticalminerals #mining by expediting the mine permitting process from 12-15 years to potentially 5 years. Part of the proposal includes reducing the time to approve mining permits by better funding the regulatory agency to expedite paperwork backlogs, while running permitting and environmental assessment processes at the same time. To cover part of the permitting costs, the Government of Canada is proposing to establish investment tax credits to cover for a significant portion of the capital associated with the construction of new mine operations. Funds are also ready to be made available for infrastructure like transmission lines and roads that will help accelerate the development of new mine operations. https://lnkd.in/eG7umhqE

Ottawa to accelerate critical mineral mining, energy minister says

Ottawa to accelerate critical mineral mining, energy minister says

theglobeandmail.com

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