SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
November 28, 2022 10:15AM
  • Nov/28/22 10:50:00 a.m.

Thank you to the member from Kitchener–Conestoga for the question.

Mr. Speaker, last week I was in Timmins to launch the Critical Minerals Innovation Fund. This is a very exciting time for Ontario as we decarbonize our economy. What we’re doing is critical to the future of not only Ontario, but to the globe. This is a two-year, $5-million fund which will support research, development, and commercialization of innovative technologies, techniques, processes, analytical solutions for critical minerals.

These projects will help increase exploration, mining, development, production and processing capacity of critical minerals in Ontario. Our investment will leverage Ontario’s expertise to tap into new and growing markets and to ensure we capitalize on the demand for critical minerals.

Mr. Speaker, I know there are industries that will leverage this fund to partner with Indigenous communities, non-profits or colleges—academics—to ensure Ontario remains a leader in innovation in the mining sector. This will strengthen our Critical Minerals Strategy and help us achieve our goal by creating a supply chain for clean technologies right here in Ontario.

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