Canada Invests in Clean Energy and Critical Minerals at Mineral Resources Review 2024 Conference
Sudbury, Ontario (November 6, 2024) – The Government of Canada today announced a series of investments to support the development of clean energy and critical minerals in the country. The announcement was made at the Mineral Resources Review 2024 conference in Sudbury, Ontario.
“Canada has the potential to be a global leader in the clean energy and critical minerals sectors,” said the Honourable Jonathan Wilkinson, Minister of Natural Resources. “These investments will help us unlock that potential and create good jobs for Canadians.”
The investments include:
- $150 million to support the development of critical minerals projects in Canada. Critical minerals are essential to the production of clean energy technologies, such as electric vehicles and solar panels.
- $100 million to support the development of clean energy projects in Canada. This funding will help to reduce emissions and create jobs in the clean energy sector.
- $50 million to support research and development in the clean energy and critical minerals sectors. This funding will help to drive innovation and create new technologies.
These investments are part of the Government of Canada’s commitment to building a clean energy future and creating a sustainable economy. The government has set a target of reducing emissions by 30% below 2005 levels by 2030. The government is also investing in the development of critical minerals, which are essential to the production of clean energy technologies.
“These investments are a major step forward in Canada’s efforts to become a leader in the clean energy and critical minerals sectors,” said Pierre Gratton, President and CEO of the Mining Association of Canada. “This funding will help to create jobs, reduce emissions, and drive innovation.”
The Mineral Resources Review 2024 conference is a major industry event that brings together mining companies, investors, and government officials from around the world. The conference is an opportunity to discuss the latest trends in the mining industry and to showcase Canada’s strengths in the sector.
“Canada is well-positioned to become a global leader in the clean energy and critical minerals sectors,” said Michael McLeod, President of the Ontario Mining Association. “These investments will help us to develop our resources, create jobs, and reduce emissions.”
The Government of Canada’s investments in clean energy and critical minerals will help to create a more sustainable future for Canada. These investments will help to reduce emissions, create jobs, and drive innovation.
Canada Invests in Clean Energy and Critical Minerals at Mineral Resources Review 2024 Conference
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