Canada is sitting on a critical minerals mother lode. But is it ready for the new gold rush? | CBC News

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Canada is sitting on a critical minerals mother lode. But is it ready for the new gold rush? | CBC News
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The Canadian government says it's committed to supporting critical minerals projects, a key part of the economy of the future. But proponents say more action is needed to actually start mining.

Project timelines a concern

Wilkinson said the average mining project typically takes around 12 to 15 years but "that's still too long." He said the government is aiming for something more like five or six years.Mission critical: Is Canada lagging behind in the critical minerals race? Perhaps the most significant challenges to the mining industry come from concerns about environmental impacts and the role of Indigenous communities.

Ontario Premier Doug Ford shows a draft agreement with Chief Cornelius Wabasse of Webequie First Nation, left, and Marten Falls Chief Bruce Achneepineskum, centre, in March 2020 after signing an agreement to move forward on building the Northern Road Link in the Ring of Fire area.

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