Canada Launches $1.4 Billion Sovereign Fund for Critical Minerals
Canada’s Liberal government on Tuesday proposed a C$2 billion ($1.4 billion) sovereign fund for critical minerals, alongside hundreds of millions in new mining industry spending and an expansion of exploration tax credits, according to the federal budget released on April 1. The initiative aims to bolster domestic supply chains, attract global investment, and strengthen national security by securing a reliable supply of critcal minerals essential for defense, semiconductors, and clean energy technologies. Core Budget Measures Target Critical…