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Ottawa Moves to De‑Risk Critical Minerals as New Brunswick Pipeline Stalls and Pool Talks Restart

Federal assurances through G7 offtake, stockpiles, price floors, plus equity seek to give Sisson‑type projects investment certainty.

Overview

  • Energy Minister Tim Hodgson says Canada is arranging G7 offtake, stockpiling, price‑floor and equity measures, with further mining announcements targeted for early March in Toronto.
  • The Sisson tungsten‑molybdenum project remains on hold due to global price instability and China’s dominant role in tungsten production.
  • A proposed 300‑kilometre natural gas pipeline into New Brunswick has no private‑sector proponent, and any bid would require support from affected jurisdictions and impacted First Nations.
  • New Brunswick’s Progressive Conservatives pressed Premier Susan Holt ahead of her State of the Province address, challenging her government on budget, health care and natural gas development.
  • Fredericton resumed talks with YMCA Fredericton and UNB on a new pool, with both open to hosting the facility, funding expected from provincial and federal sources, and a further update promised by the end of April.