International Trade committee  That's a great question. Starting first with the fall economic statement, the Canadian chamber welcomed measures to increase the supply of skills needed in our workforce to achieve net zero. We also welcomed tax credits for investments in clean technologies and clean hydrogen, a

International Trade committee  Maybe I'll just echo some of the previous comments. I think the focus really should be on the Canadian response to the Inflation Reduction Act and how we go about not only continuing to collaborate with the United States but also addressing some of these non-tariff barriers to

International Trade committee  I have two points, but perhaps I could first respond to your previous question very quickly. It's worth noting that the European Union is carefully examining whether the Inflation Reduction Act does violate WTO rules. A number of tax credits, I believe inclusive of electric vehi

International Trade committee  I agree 100%. It's very hard to attract investment, particularly in the critical minerals sector, when our timelines go up to 15 years to start production. We need to shorten that time span to attract major investment capital.

International Trade committee  Yes, if I may. The Canadian Chamber of Commerce recently released a report on Canada's commitment to net zero and how we get to our 2050 goal in an orderly fashion. I'd be happy to share that report with the committee after our discussion today. Similarly, we have an upcoming r

International Trade committee  Madam Chair and honourable members, thank you for the opportunity to attend today's discussion on behalf of the Canadian Chamber of Commerce. While the Inflation Reduction Act of 2022 presents opportunities for Canadian businesses, we must also recognize challenges facing Canada

Industry committee  I will have to confirm and get back to the chair and the clerk of the committee on the answer to the first part of your question, but at the current time, it's my belief that the 15-year average is with reference to critical minerals being discovered as part of exploration and mi

Industry committee  Again, I'll have to engage with my critical minerals council colleagues to adequately respond to your question. I will ask for patience in that respect while I do so after the meeting.

Industry committee  I think the chamber's expectation and hope for Canada's critical minerals strategy is one that identifies the challenges and opportunities across the supply chain in Canada, from extraction to intermediate processing and to manufacturing and closed-loop resource recovery. I thin

Industry committee  Of course, and the chamber is very much interested in examining the opportunities of closed-loop systems throughout the life cycle of critical minerals. This closed-loop concept, of course, supports Canada's environmental ambitions. On the upstream extraction side of the equatio

Industry committee  Thank you for finding one of my points of interest. It's great to hear that. Canada is experiencing supply disruptions right now. I think that to have an effective critical minerals strategy, we need to recognize that the usage and requirements for critical minerals in our ener

Industry committee  Precisely. I will note that as part of our critical minerals council initiative, we are working with a number of academic institutions to study this very subject. Again, these are very early days, but I look forward to providing the committee, and government more broadly, with t

Industry committee  I will note that the chamber is actively engaged in consulting on Canada's net-zero strategy. The chamber's view on the transition to net zero and decarbonization is one of accepting multiple pathways to decarbonization. I mentioned in my prior remarks that Canada has to deploy a

Industry committee  Perhaps to answer that question, I'll quickly articulate the opportunities across Canada in this space. Each region of our country has reserves of different critical minerals that can support regional sustainable economic development. Saskatchewan has abundant reserves of potash

Industry committee  I don't have anything specific to point to at this time. I would note that our engagement with natural resources companies on this topic is relatively new. We just kicked off our critical minerals council earlier this month. I can commit to following up as we continue to engage w