VFBATTERY REPORT

Canada

Pages 206–206 (1 pages)

Battery Report 2022, page 206: Canada
Text on page 206

$8 billion over 7 years to expedite decarbonization projects with large emitters, including automotive. Priority given to projects with domestic IP/supply chain/manufacturing, or generate significant domestic job creation/retention Critical Minerals Strategy

$3.8B for domestic critical mineral value chain, accounted for in Federal Budget

Allocation not confirmed, but probable focus on lithium, graphite, nickel, cobalt, copper, and rare-earth elements

Focus on exploration/prospecting, expedited project development and approval, infrastructure development for processing These policies complement the US IRA, especially in terms of FTA Partner or North American critical minerals and battery component sourcing Canada’s Whole Value Chain Goal

Like other countries, Canada has ambitions to develop downstream value chain segments into regional and global market leaders.

Volta Foundation

Extracted from the PDF; charts and images may read imperfectly.

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