OTTAWA—A precedent-setting nuclear energy project east of Toronto. A seaport expansion in Montreal. Doubling LNG production at a terminal in northern B.C. Two mining projects in Western Canada.
Prime Minister Mark Carney announced Thursday the first batch of “nation-building” projects his Liberal government wants expedited and prioritized under a new major projects office launched this fall. More projects will be chosen in November, Carney said.
Here are the five projects that could soon be a reality:
Phase two of LNG Canada in Kitimat, B.C.
Nearly 650 kilometres northwest of Vancouver, a terminal processing liquefied natural gas and exporting it to markets in Asia and Europe through the Pacific Ocean began operating in June. The proposed project would double the facility’s expected LNG production from 14 million tonnes per year to 28 million tonnes.
It’s owned by a consortium of private backers — Shell, PETRONAS, PetroChina, Mitsubishi and Korea Gas Corporation — that invested $40 billion in 2018, the largest private investment in the country’s history. The terminal receives natural gas from the Coastal Link pipeline and the Carney government hopes it will pave the way for more LNG projects in Canada.
LNG is not a renewable source of energy, but is a cleaner fossil fuel than oil.
The Darlington nuclear power project in Bowmanville, Ont.
The only Ontario-based project in Carney’s initial list proposes four new small modular reactors at the Darlington nuclear power generating plant east of Toronto. Once completed, the reactors would be the first operational ones in the G7 and could provide enough energy to power 1.2 million homes.
The plant is wholly owned by Ontario Power Generation, a Crown corporation of the Ontario government.
Contrecœur Terminal expansion project at the Port of Montreal
The Port of Montreal, one of the largest container ports in Canada, is aiming to expand its container capacity by 60 per cent in a significant extension project. Already key in shipping Canadian cargo abroad and generating $93.5 billion in economic activity, the Montreal Port Authority wants to expand its infrastructure by adding new port terminals and docks, as well as other infrastructure on public land.
Foran’s McIlvenna Bay copper mine project in Saskatchewan
The proposed project would produce copper and zinc for 40 years, exporting critical minerals for use in clean energy, electric vehicles and manufacturing.Â
Expanding the Red Chris mine in northwest B.C.
The owners of an open-pit copper and gold mine operating since 2015 in B.C. are looking to extend the lifespan of the mine by more than a decade, going further into the ground and increasing Canada’s annual copper production by more than 15 per cent.
The prime minister said the government also wants to see further progress on six other concepts or projects in earlier stages that require further development and have few specific details. These could be part of a future announcement:
- Canada’s first high-speed rail project, running approximately 1,000 kilometres between º£½ÇÉçÇø¹ÙÍøand Quebec City at speeds of up to 300 km/h. The Carney government wants construction to start in five years on the public-private partnership that would cost $60 to $90 billion.
- The Alberta-based Pathways Plus carbon capture project that would pave the way for an oil pipeline as well.
- An Arctic economic and security corridor, including fortified ports, all-season roads, runways and communications systems for dual-use for defence and northern industry.
- Upgrades to the Port of Churchill in Manitoba that could include an all-weather road, an upgraded rail line, a new energy corridor and marine icebreaking capacity.
- A critical minerals strategy to enable projects in regions like the Ring of Fire in Ontario, the Fosse du Labrador in Quebec and Newfoundland and Labrador and the Northwest Critical Mineral and Conservation Corridor in B.C.
- A wind energy project in Atlantic Canada.
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