Latest news with #RebeccaSpring
Yahoo
4 days ago
- Business
- Yahoo
G7 Critical Minerals Action Plan sets new incentive for Canadian collaboration to get things built: New Economy Canada
With high environmental and labour standards, and abundant clean energy, Canada is well positioned to capitalize on global interest in diversifying critical mineral supply chain Victoria, BC, June 18, 2025 (GLOBE NEWSWIRE) -- Yesterday G7 leaders announced a Critical Minerals Action Plan that aims to diversify responsible production and supply, encourage investments and local value creation, and promote innovation in order to secure access to resilient critical minerals supply chains. In response, Merran Smith, president of New Economy Canada said: 'With global tensions around trade, economic and energy security running high, countries are looking to reduce their risks. The obvious way to do this is through diversification of trade partners and suppliers. Demand for critical minerals is skyrocketing, particularly for their role in clean energy tech, and Canada has the resources to meet that demand. The G7 leaders' commitment to a standards-based market for critical minerals is particularly good news for Canada's mining sector, whose Indigenous engagement and labour and environmental practices are the global gold standard. While critical mineral development has lagged in Canada of late, this action plan sets a big incentive for Canadian governments, communities and industries to get things built responsibly and quickly.' New Economy Canada is a non-partisan initiative uniting over 60 companies, industrial sector associations, as well as labour and Indigenous organizations, all committed to accelerating investment in Canada's clean economy. Our members employ or represent over 410,000 workers and generate annual revenues of over $200 billion CAD. CONTACT: Rebecca Spring New Economy Canada 647.338.6274 while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Hamilton Spectator
05-05-2025
- Business
- Hamilton Spectator
Provincial clean power action plan shows government is serious about getting things built: New Economy Canada
Vancouver, B.C., May 05, 2025 (GLOBE NEWSWIRE) — In response to the release of the Energizing our economy: B.C.'s Clean Power Action Plan , Alexa Young, New Economy Canada's Vice President, said: 'With this Action Plan, the Government is demonstrating that it's taking seriously getting more clean power projects, electricity infrastructure and technology projects built. Amid the current trade war and global geopolitical instability, access to clean power is core to our energy and economic security, and national sovereignty. Now more than ever, we must take concrete steps to meet fast-growing demand for clean electricity to power homes, small businesses, manufacturing plants, mines, transportation fleets in every corner of the province. The actions outlined today, including a second call for clean power, are positive steps in ensuring we have the clean power and infrastructure we need to attract investment and power and grow our economy – reliably and affordably. As the provincial government and BC Hydro implement these actions, New Economy Canada urges a laser focus on communicating timelines for these plans as well as ensuring steps are being taken to recruit, train and retain the electricians, line technicians, construction workers and other British Columbians that are going to be needed to get the job done'. About New Economy Canada: New Economy Canada is a non-partisan initiative uniting business, labour, and Indigenous leaders committed to driving Canada's economic transition. Our members represent diverse industrial sectors acting now to unlock the power of resilient and affordable clean energy and technology to grow investment and jobs. A full list of our members can be found at . Our quickly growing membership employs or represents over 410,000 workers and generates annual revenues of over $200 billion CAD. For further information, please contact: Rebecca Spring, Director of Communications New Economy Canada
