Trends-CA

Carney expected to add B.C. transmission line, Quebec graphite mine to major projects list Thursday: source

Open this photo in gallery:

An employee works at the plant at the Northern Graphite mine in Lac-des-Îles, Quebec, in 2024.SEBASTIEN ST-JEAN/AFP/Getty Images

The federal government’s Major Projects Office will add the planned North Coast Transmission Line in British Columbia and an expansion of the NM Graphite mine in Quebec to its list of nation-building developments, Prime Minister Mark Carney is expected to announce on Thursday in northern B.C., a source has told The Globe and Mail.

The Globe is not identifying the source because they were not authorized to disclose the details publicly.

Mr. Carney told reporters earlier this week he would be travelling to B.C. to announce the second round of projects on Thursday.

Analysis: Decoding the Major Projects Office, the centrepiece of Carney’s nation-building plans

Opinion: As Carney pushes major projects, he must heed a cautionary tale from Canada’s past

The B.C. government has committed to building the $6-billion hydroelectric transmission line from Prince George to Terrace, with shovels in the ground in 2026. It has asked the federal government to list the NCTL with the major projects office to help fast-track the line, which is designed to secure new private-sector investments, including a string of critical-mineral mines, for the sparsely developed northwest corner of the province.

Northern Graphite Corp. NGC-X has been seeking funds to extend the life of North America’s only operational graphite mine.

Counting the NCTL and the graphite mine, Mr. Carney is now expected to add half a dozen mining and energy developments to the major projects list on Thursday, sources have told The Globe. The other projects include the Ksi Lisims liquefied natural gas project in B.C., Ontario’s Crawford nickel project, New Brunswick’s Sisson mine and a hydroelectric project in Iqaluit. The sources added that the list is subject to change.

The office was set up in the summer to speed along infrastructure and resource development proposals, a centrepiece of Mr. Carney’s efforts to deliver on his campaign promise to reduce Canada’s economic reliance on the United States amid President Donald Trump’s trade war.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button