Backgrounder: Government of Canada invests to unlock Canada’s critical minerals advantage

On March 3, 2026, at the 2026 Prospectors and Developers Association of Canada (PDAC) Convention, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced up to $165.2 million for 22 Canadian projects that will accelerate planning, development and processing capacity across the country and unlock a total of $434 million in critical minerals projects across eight provinces.

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