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House Hansard - 192

44th Parl. 1st Sess.
May 8, 2023 11:00AM
Context: House Hansard - 192 - May/8/23
Ms. Viviane Lapointe (Sudbury, Lib.)
  • May/8/23 2:17:32 p.m.
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Mr. Speaker, I am pleased to recognize National Mining Week. Mining activity takes place across the country and creates 665,000 direct and indirect jobs. In 2021, it contributed $90 billion to Canada’s GDP. Canada is a global mining power thanks to our world-class people, deposits and environmental practices. In a net-zero economy, this industry can reach even higher. That is why we made a historic commitment of $3.8 billion to implement the critical minerals strategy. This includes $1.5 billion to establish critical mineral value chains, another $1.5 billion to unlock projects, the doubling of the mineral exploration tax credit, $144 million for R and D, and more. In last month’s federal budget, we built on Canada’s competitive position, committing to the clean tech tax credit to increase domestic mining and processing. The Government of Canada is fully seized with capturing the opportunities before us.
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