Thank you for the question.
In our opinion, the challenge is straightforward when it comes to the investment tax credit. Right now, I can buy a pickup truck, for example, and receive a 30% tax credit. However, none of the underground infrastructure—such as lighting, electricity and infrastructure used to keep mines safe—is eligible for tax credits.
If we want to expand the production of critical minerals, if we want to find new markets for our Canadian products and if we want to speed up the development of clean technology for the energy transition, we must increase the growth of Canadian critical mineral production. In my opinion, the quickest and easiest approach is to entice private companies to invest capital in these projects and to increase or modify this tax credit.