Ottawa needs to play a global leadership role to defend against energy security crises triggered by countries that use fossil fuels as a weapon, energy agency says
It can take up to 25 years to get a minerals mine into production – far slower than international competitors such as Australia. Speaking to reporters after the panel, Mr. Wilkinson said the average time it takes is about 12 to 15 years, but added that even that is too long.“We have to find ways to go more quickly,” to help satisfy domestic and international demands for critical minerals, Mr. Wilkinson said Wednesday.
Well-known Canadian academic and conservative Jack Mintz has also taken the glut of federal mining regulations to task, arguing in a December report with colleague Philip Bazel that “Canada’s participation in the energy transition mining market may hinge on the shape of its regulatory and taxation framework.”
Still, Mr. Wilkinson insisted that Canada won’t miss the competitive opportunity of critical minerals. Ottawa is working to harmonize, co-ordinate and streamline the permitting and environmental review process to avoid the duplication that often happens when the federal government and provinces are involved, he said.
Beyond mining, Mr. Wilkinson said there are other opportunities for Canada in the critical mineral field, for example, extracting lithium from brines, which he said is “a lot easier and faster to put into practice than starting a brand new mine.”
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