PDAC Response to Government of Canada Red Tape Review
Abundant in natural resources, equipped with unique expertise and infrastructure, and outperforming most high-income countries in environmental protection, Canada is well-positioned to meet the $770 billion critical mineral demand of 2040. However, with an estimated 27 years required to take mines from discovery to production – the third slowest in the world, and more than 15 years of that timeline spent permitting – Canada is falling far short of its potential.
On August 26th, PDAC submitted information to various departments and agencies within the Government of Canada to recommend efficiency measures for the regulation and administration of the following Acts: Impact Assessment, Species at Risk, Migratory Birds, Fisheries, Canada Navigable Waters, Competition, Investment Canada, and Canada Transportation. Act-specific recommendations are in addition to the broader need to eliminate duplicative processes and jurisdictional overreach and ensure legal certainty for proponents.