Conservative Leader Pierre Poilievre said if he becomes prime minister he will quickly issue permits to develop a Northern Ontario region rich in critical minerals known as the “Ring of Fire.”
“It would boost our economy with billions of dollars, allowing us to become less dependent on the Americans after we start selling those resources overseas, and it would turn dollars for dictators into paycheques for our people,” Poilievre said during a March 19 press conference in Sudbury, Ont.
Poilievre said he would approve permits within six months and his government would commit $1 billion over three years to build the road to link the region to the Ontario highway network. He also said some of the federal tax dollars collected from businesses working on developing the Ring of Fire would be transferred to local First Nations.
The Ring of Fire is located 540 kilometres north of Thunder Bay and holds minerals such as cobalt, nickel, chromite, copper, and platinum.
Poilievre said its development would be “life-changing” for towns of Northern Ontario and make First Nations richer.
Poilievre’s announcement came a few days after he said he would repeal the carbon tax entirely, for both consumers and industry, saying it would reduce the tax burden on Canadians and boost the economy. Prime Minister Mark Carney on March 14 suspended the fuel charge, which adds more than 17 cents to a litre of gasoline in some provinces, but has said he intends to strengthen the carbon pricing regime applied to industries.
Nishnawbe Aski Nation Grand Chief Alvin Fiddler told The Epoch Times in an interview he thinks Poilievre’s announcement is “very irresponsible, and reckless, and unacceptable.” Fiddler said the communities he represents have been involved in a necessary long process to take into consideration the project’s impact on the land and its residents. He also said the current U.S. economic pressures won’t change his stance, citing the long-term impacts of the project.
Poilievre said during his press conference that “many” local First Nations are strong supporters of the project, including Chief Cornelius Wabasse of Webequie First Nation and Chief Bruce Achneepineskum of Marten Falls First Nation.
“They have actually met with me and asked for this project to go ahead as soon as possible, because they know it will make them richer and better off for the future,” Poilievre said.
Ottawa has, however, pushed in recent years to develop Canada’s critical mineral sector, in part to help transition away from hydrocarbons and to build a supply chain bypassing authoritarian countries like China.
Ottawa says it has spent more than $700 million in the past two years as part of its Canadian Critical Minerals Strategy.