You will no doubt remember that the 2022 budget provided up to $3.8 billion for the development of our strategy. Over the past year, I have been working with the Minister of Innovation, Science and Economic Development in order to develop the first Canadian critical minerals strategy. I'm happy to state that Canada's critical minerals strategy will be officially announced in a few days.
The world is moving towards a cleaner future, and Canada needs to be able to meet the needs of a green and digital economy. Our strategy will improve the resilience of the critical minerals supply chain and position Canada as a world leader in sustainable production of these minerals and innovative technologies which are required for the energy transition.
This strategy is also the result of widespread consultation with industry and stakeholders, and it will create thousands of good jobs, help our economy grow and make Canada a key player in the global industry of critical minerals, which is booming right now. Canada is and will always be a dependable, safe and sustainable supplier of critical minerals which are increasingly in demand in the world.