Prime Minister Mark Carney will unveil new legislation to provincial and territorial premiers that would streamline approvals for major national infrastructure projects by introducing a two-year approval limit. This would include projects like ports, critical mineral mines and trade corridors.
Called the “One Canadian Economy” legislation, the plan aims to fast-track projects through upfront regulatory approvals and eliminate federal barriers to interprovincial trade.
The proposal is expected to be part of discussions at next week’s first ministers meeting in Saskatoon.
Currently, such projects undergo years of consultation and environmental assessments, but the new legislation seeks to reduce these timelines significantly. However, it is expected to face resistance from Indigenous and environmental groups concerned about weakened oversight.
The government plans to table the legislation shortly after the meeting, with the goal of passing it into law by July 1.
Read the full Globe and Mail article here.
Click here to read about the Western premiers agreeing to develop economic corridors.
