“Canada is mobilizing capital, forging international partnerships, and using every tool at our disposal to build resilient, sustainable, and secure supply chains,” said Tim Hodgson, Minister of Energy and Natural Resources. “These investments are foundational to Canada’s sovereignty, competitiveness, and leadership in the global economy.”
Announced alongside G7 ministers and industry leaders in Toronto, the initiative includes new investments in graphite, scandium, and rare earth elements, with offtake agreements involving Nouveau Monde Graphite and Rio Tinto. The projects build on the G7 Critical Minerals Action Plan adopted earlier this year in Alberta.
“By developing more critical mineral projects here at home and working closely with our G7 partners, we’re building the foundation for a safer, more sustainable energy future,” said Joël Lightbound, Minister of Government Transformation and Public Works.
To strengthen national security, the government also plans to use the Defense Production Act to stockpile key materials. Defense Minister David J. McGuinty said the move “safeguards Canada and our allies against supply chain vulnerabilities and reduces dependence on unreliable sources.”
Industry Minister Mélanie Joly added that the Alliance “sets a global benchmark for strategic collaboration and economic resilience,” while Ontario’s Minister of Energy and Mines Stephen Lecce said the province is “moving with speed to support made-in-Canada processing of critical minerals that will drive the clean energy economy and create good jobs.”
“Critical minerals power the technologies that define our digital and clean energy future,” said Evan Solomon, Minister of Artificial Intelligence and Digital Innovation. “By partnering with our G7 allies and Canadian innovators, we’re securing the resources that keep Canada competitive and sovereign in a changing world.”
The federal government said the Alliance and its new roadmap on standards-based markets will strengthen ties with allies including the U.S., Japan, and Germany while expanding domestic capacity ahead of the 2026 IEA Ministerial Meeting and PDAC Conference.
