Hon. Dennis Glen Patterson: Welcome, minister. The rich Slave Geological Province alongside the Northwest Territories and Nunavut contains an abundance of minerals listed in the Critical Minerals Strategy — zinc, cobalt, rare earth elements and nickel, to name a few. The Kitikmeot Inuit Association advanced the all-weather Grays Bay Road and Port Project, which will, in addition to benefits such as community resupply and fuel storage, be key to unlocking the Slave Geological Province’s potential in Nunavut.

However, due to the severe impact of the COVID pandemic in the North, $21 million received by the KIA under the National Trade Corridors Fund to help further this project remains unused and is set to expire at the end of this fiscal year. I am asking if you would use your good offices to advocate for a year-long extension for this important infrastructure funding contribution.

Hon. Jonathan Wilkinson, P.C., M.P., Minister of Natural Resources: There is a definition of how we deem things to be critical, and part of it is the resource availability in this country. Part of it is also related to where we actually see skyrocketing demand on a go-forward basis, and that is largely driven by minerals that are going to be in some way tied to the energy transition — not solely those that are used in batteries but, for example, uranium, which is used in nuclear power.

At this moment, I don’t think gold would fit those criteria. However, what we have said is that the list is going to be reviewed every three years, and folks can make arguments. There are other minerals that are not presently on there that people are making the argument should be on there. That is why it is intended to be an evergreen list on a go-forward basis.

As you would know very well, senator, gold is one area where Canada has actually thrived in terms of being able to advance the industry. It is a pretty healthy sector. As I say, I would never say never. That’s the reason we made it an evergreen list.

Hon. Jonathan Wilkinson, P.C., M.P., Minister of Natural Resources: It’s a very good question, senator. As you know, the money for the Critical Minerals Strategy was in the 2022 budget. It was $3.8 billion. It is actually very unusual for a government to effectively pre-fund a strategy that has not been fully finalized, but that’s what we did in the budget, and then we launched the final version of the strategy just last week.

It is critically important for Canada. I think it represents, as you would have seen me say in the press conference, a generational economic opportunity for this country, not just around extraction but around processing and the manufacturing of batteries and electric vehicles. It is also important, as we move forward, that we are transparent with Canadians about the progress that is being made along the chain. Of that $3.8 billion, some is for projects, some is for infrastructure and some is for geological science.

My expectation going forward is that at least annually we would be reporting out on the progress of the strategy.

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