Mr. Chair, I rise today to speak to the main estimates at a pivotal moment in Canadian history. As a country, we have been at this crossroads before, at times that required more than political calculations, at times that called on us to build boldly together. We answered that call after the Second World War. We responded by connecting this vast country through the Trans-Canada Highway.
Today, we are being called upon again because, once again, the world has changed. We are entering an era of urgency, a global race for resources, resilience and strategic advantages. We need to redefine ourselves in a world where many certainties are now in flux, where we can no longer take for granted the systems, organizations and partners we once relied on.
At the heart of this global race are materials that do not immediately spring to mind for most Canadians. Their importance will shape the future of our economy, our climate and our sovereignty. I am talking about critical minerals such as lithium, nickel, copper, graphite, cobalt and rare earth minerals. They are essential for the electric vehicles we drive, for the solar panels on our roofs, for the semiconductors that power our devices, for the military technology that keeps us safe and for the batteries that support our energy transition.
Canada, the country that we are privileged to serve in the House, is one of the most richly endowed countries on earth. We are literally sitting on the solution that the entire world is rushing to find, secure and control. However, being rich in resources is not enough. Having mineral wealth is not the same as building and progressing.
We cannot mine what we have not mapped; we cannot deliver to our allies what we cannot move, and we cannot lead the world if we are content to stand on the sidelines while opportunity passes us. This is what the 2025-26 main estimates are about. They are not just a financial exercise. They are part of our national agenda to build, to trade and to lead.
Worldwide, China holds a dominant position in the production and refining of six core critical minerals: lithium, graphite, cobalt, nickel, copper and rare earth elements. These are the building blocks of clean technology, modern manufacturing and advanced defence systems, and right now, too much of that supply chain depends on one single country.
In fact, China controls over 75% of global production and refining for graphite, cobalt and rare earth elements. In addition, across all six core minerals, China accounts for roughly two-thirds of the world's processing and refining capacity. These are not just statistics; these are warning signs. They are strategic vulnerabilities for Canada and for allies around the world.
When Canada and its allies are forced to choose between energy security and ethical procurement, that is a problem. When Canadian manufacturers cannot access the materials they need without looking abroad, that is a problem. It is time to develop the wealth beneath our feet in a responsible, sustainable way, with the full co-operation of indigenous communities and in accordance with the ethical standards and environmental protections we are so proud of. It is time to sell our products not only to those who share our borders, but also to those who share our values.
This is why we are making real, tangible investments, starting with the critical minerals infrastructure fund. These main estimates propose $141.37 million to build the roads, power lines and transport links that would unlock our mineral wealth and connect it to the world.
In Labrador, in Sudbury, in the Athabasca Basin, in the north of Quebec and across the Northwest Territories, these investments would make the difference between resource potential and becoming an economic powerhouse.
We have already announced a fund of over $300 million for 31 projects across the country, including a number led by indigenous communities. This fund is not just for resource extraction. It seeks to connect those resources to the right partners in order to generate prosperity for Canadians through infrastructure, good jobs and sustainable community development.
However, building is not enough. We must look ahead and ask how Canada will compete and win in the decades to come. That is why these estimates invest $5.77 million in the critical minerals global partnership initiative. The world is not asking just for more minerals; it is asking for better minerals that are responsibly sourced, ethically managed and environmentally sound.
This initiative allows Canada to be a leader, rather than a follower, in the development of global environmental, social and governance, or ESG, standards. It allows us to build resilient and transparent supply chains with our allies in the Americas, Europe and the Indo-Pacific. It guarantees Canada a seat at the table, not just as a producer but also as a trusted partner in the global clean economy. That is how we build confidence in Canadian minerals. That is how we attract investment. That is how we develop markets where Canadian values and products can thrive.
The future belongs to innovators. That is why we propose to allocate $10.34 million for the critical minerals technology and innovation strategy so that Canada can lead the world not only in terms of what it mines, but how it mines. Already, Canadian researchers are making breakthroughs in cleaner processing, higher-performance battery materials, and recycling technologies that reduce waste and pollution. This funding will allow us to speed up the lab-to-mine and patent-to-product transition. That means more Canadian intellectual property, more domestic innovation and more jobs, not just in mining but also in engineering, clean technology and advanced manufacturing. That is how we will strengthen our position in the global value chain. That is how we will stop exporting raw potential and start selling finished products.
Let us not forget the foundation beneath it all, literally. These estimates include $4.8 million to support geoscience research and data initiatives. From geomapping in the north to exploration support in partnership with provinces and indigenous governments, this work would help us access the minerals we need to power our future.
In just the past few days, more than 70 projects have been supported through this work, fuelling discoveries, advancing exploration and de-risking investment. These are quiet programs, but they are critical elements of our nation-building tool box, and we are using them.
This is all part of a broader economic plan, one that includes the prospective one Canadian economy act, which was introduced last week. This new legislation will speed up the implementation of major strategic projects, simplify the automation process and remove the internal trade barriers that are hindering our businesses and workers. It will reduce the time taken to review major projects from five years to two years, while respecting our duty to consult and to protect the environment. It will help us open more mines—