Prime Minister Mark Carney unveiled six more infrastructure projects Thursday that slated for fast-tracked approval.

Ottawa has committed to invest $56 billion in the projects as part of Budget 2025. The investment is intended to offset the effects of U.S. tariffs and increased Canada-U.S. tensions.

“Faced with uncertainty, Canada’s new government is making bold choices to grow our economy stronger than ever before – with major investments, faster approvals, and a clear signal to workers and industry: It’s time to build,” said Carney. “We are building sustainably, in partnership with Indigenous Peoples, and we are building Canadian, with Canadian workers, materials, and expertise. We’re taking control of our future and building Canada strong.”

Carney is recommending that the Major Projects Office approve the projects under new fast-tracking legislation.

The prime minister pledged his support for:

• The $30-billion Ksi Lisims LNG project in Pearse Island, B.C.:
• The Crawford nickel-mine development in Timmins, Ont.;
• Northcliff Resources’ Sisson mine in Sisson Brook, N.B.;
• Nouveau Monde’s Matawinie Mine in Saint-Michel-des-Saints, Que.;
• The Iqaluit Nukkiksautiit Hydro Project in Nunavut; and,
• The $139-million North Coast Transmission Line, in northwestern B.C.

The first and second tranches represent $116 billion worth of investment altogether. The government said the projects will advance the development of strategic Canadian resources and technologies that global markets are demanding while beginning the reinvestment in infrastructure that is necessary for streamlining logistics and supply chains.

Carney has stressed the need for more infrastructure become PM in the spring, and his emphasis on investment has drawn praise from commercial real estate investors and developers.

But there were some notable projects left out Thursday, including Global Container Terminals’ DP4 expansion project at Deltaport in Delta, B.C.

Pictured: GCT container terminal in Delta, B.C. GCT has applied for federal funding under the fast-tracking program for its DP4 expansion project in Delta but did not receive an investment in this tranche.

Photo: GCT