TIMMINS – The Ontario government is investing $13 million through the Ontario Junior Exploration Program (OJEP) to help 84 junior mining companies finance early exploration projects. These projects have the potential to lead to promising discoveries of valuable mineral deposits and lead to future mines, which would boost economic growth and job creation for northern and Indigenous communities. “This investment is an important …
WOODBRIDGE – The Ontario government is welcoming an investment of over $155 million by Hanon Systems, a global automotive parts supplier, to build a new 284,200 square foot facility in Woodbridge. The new facility will manufacture e-compressors, an essential component for electric vehicles, creating 300 jobs and strengthening the province’s growing end-to-end EV supply chain. “Our province has all of the elements necessary …
Sudbury – The Government of Canada is working to seize the generational opportunity presented by critical minerals while ensuring that Indigenous Peoples and communities share in those benefits. Canada is well positioned to be a global leader and first-class producer of a wide variety of critical minerals that are essential to power the clean economy — including nickel and copper …
Ottawa – Mary Ng, Minister of Export Promotion, International Trade and Economic Development, today concluded a trip to Sudbury, Ontario, where she engaged with local organizations focused on the critical minerals sector and electric vehicle (EV) industry. The Minister began her visit with a tour of the Cambrian College battery electric vehicle (BEV) lab in Sudbury. This is part of …
Saskatoon – Saskatchewan is internationally known for mining and exploration, and more recently getting recognition for critical minerals, including rare earth elements, which are used in electric vehicles (EVs), wind turbines, everyday electronics, and industrial uses. As the demand for critical minerals to power the clean economy is expected to double by 2030, according to the International Energy Agency, there …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, announced that the federal government will extend the 15-per-cent Mineral Exploration Tax Credit for investors in flow-through shares for an additional year, until March 31, 2025. The Mineral Exploration Tax Credit, which was scheduled to expire on March 31, 2024, provides important support to junior mineral exploration companies working …
Washington – François-Philippe Champagne, Minister of Innovation, Science and Industry, concluded a visit to three key states and the District of Columbia. The visit was part of the Team Canada engagement strategy with the US. After kicking off the visit in the Windsor–Detroit (Michigan) region, along with Mary Ng, Minister of Export Promotion, International Trade and Economic Development, and Kirsten Hillman, …
Toronto – Canada’s minerals and metals are essential contributors to our economy, infrastructure, innovation and environmental stewardship. And as the world moves toward net zero by 2050, demand for Canada’s mineral resources, especially critical minerals, will only increase. By making the right investments in the exploration and mining sector, we can enable sustainable resource development, create good jobs, drive economic …
Mitsui High-tec (Canada), Inc.’s new Brantford facility will help build province’s EV supply chain BRANTFORD — The Ontario government is welcoming a $102.3 million investment by Mitsui High-tec (Canada), Inc. a manufacturer of motor cores, the basic structure of the motor used in electric vehicles (EVs). This investment, to expand the company’s Canadian operations, will create 104 highly skilled, good-paying jobs, …
33 Ontario biotech and pharma organizations showcase province’s innovation and workforce TORONTO — The Ontario government has concluded a successful trade mission to Boston to promote the province’s growing life sciences sector and explore new opportunities for investment and job creation. Vic Fedeli, Minister of Economic Development, Job Creation and Trade, led a delegation of 33 companies and organizations to …
