Prime Minister Mark Carney announced the forwarding of six major projects, including critical minerals mining and clean electricity initiatives, to a new federal office aimed at expediting regulatory approvals. Key among these is the North Coast Transmission Line in B.C., supported by a $140 million loan from the Canada Infrastructure Bank. Carney emphasized the importance of liquefied natural gas (LNG) for energy transition and trade, while also highlighting new Indigenous-led projects. The streamlined process aims to reduce approval times to two years, with a commitment to consult Indigenous communities.
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