Canada does not have enough reserves to become a major world player in the growing critical minerals industry, says analyst Jack Mintz. But it might have enough for domestic needs.
And Canada’s mining industry has one of the greatest prospects for growth in the world, he says—if the regulatory environment improves.
The permitting process in Canada can delay projects several years longer than other countries, Mintz told The Epoch Times. “Proponents now have to provide information on what impact their project is going to have on gender issues and climate change and all sorts of other things,” he said. “We shouldn’t expect the regulatory system to deal with issues that are really not relevant to development.”…