Skip to site menu Skip to page content

Daily Newsletter

07 February 2025

Daily Newsletter

07 February 2025

British Columbia fast-tracks 18 mining and energy projects after US tariff threat

British Columbia Premier David Eby has vowed to fight back against the threatened US tariffs on energy.

Robert Prendergast February 06 2025

The Government of British Columbia in Canada is fast-tracking 18 mining and energy projects valued at an estimated C$20bn ($13.9bn).

The projects include four mines, three natural gas and 11 renewable energy projects (mostly wind power).

Among the mining projects are the Eskay Creek gold-silver mine, the Highland Valley copper expansion, the Red Chris gold-copper expansion and the Mount Milligan copper and gold mine.

British Columbia's Ministry of Mining and Critical Minerals said it will focus on "continued robust review" of these projects, while getting to permit decisions "as quickly as possible".

Efforts will include "ensuring that all provincial agencies are resourcing these projects as top priorities, collaborating to reduce unnecessary red tape and exploring pathways with First Nations to address issues and roadblocks quickly to reduce permitting timelines."

All four mining projects are currently advancing in consultation with First Nations. They also remain subject to decisions under the Environmental Assessment Act, the Mines Act and the Environmental Management Act, and potentially other approvals.

The other projects are reported to include the Cedar LNG natural gas export facility in Kitimat, and the NEBC Connector project, a natural gas liquids and condensate pipeline being developed from Wonowon to Alberta in Canada. 

During his initial briefing in response to the tariffs, Eby said that the area he was most concerned about was forestry workers.  

The United Steelworkers union (USW) welcomed Eby’s announcement and said it expects the subsequent action to boost the province's economic resilience and help ensure job security. This most notably effects those at the Red Chris and Highland Valley copper mines.  

“The B.C. government's decision to fast-track these critical projects proves their dedication to economic growth and stability,” said Scott Lunny, USW director for Western Canada. “This initiative not only secures jobs for our members, but also strengthens the province’s economy, making it more resilient against external challenges,” he added. 

The reports follow US President Donald Trump’s announcement of 25% tariffs on Canadian goods and 10% tariffs on energy.  

“President Trump’s 25% tariffs are a complete betrayal of the historic bond between our countries and a declaration of economic war against a trusted ally,” said Eby. “As British Columbians, and as Canadians, we will stand strong and united in the face of this unprecedented attack.” 

Although the tariffs were put on hold for 30 days on Monday (3 February) there is little evidence to suggest that Trump will pull back from implementing the measures. 

*Story updated to add in emailed comments from the Ministry of Mining and Critical Minerals.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close