Canada Calls For Proposals For $1.5-Billion Critical Minerals Infrastructure Fund

Minister of Energy and Natural Resources Jonathan Wilkinson announced the initiation of the Call for Proposals (CFP) for the Critical Minerals Infrastructure Fund (CMIF) designed to address infrastructure gaps hindering sustainable critical minerals production and the connection of resources to markets.

With a budget of up to $1.5 billion over seven years, the fund will support initiatives in clean energy, electrification, transportation, and infrastructure. These endeavors will contribute to the sustainable development of Canada’s critical minerals.

“Through the $1.5-billion Critical Minerals Infrastructure Fund, Canada will make strategic investments in projects to help enable and grow the sustainable development of these minerals, reinforcing Canada’s position as a global supplier of choice for clean technology, clean energy and the resources the world needs to build a prosperous net-zero economy,” Wilkinson said in a statement.

This CFP marks the beginning of several under the CMIF, offering up to $300 million in contribution funding. Two streams are available: the Pre-construction and Project Development Stream and the Infrastructure Deployment Stream. Nongovernmental applicants can access up to $50 million per project, while provincial and territorial governments investing in public projects can seek up to $100 million per project.

Detailed information on funding opportunities and the application process is now accessible online. The deadline for submitting applications for this first CFP is February 29, 2024, at 11:59 p.m. PST.

As part of the Canadian Critical Minerals Strategy, the CMIF aims to address strategic priorities, including decarbonizing industrial mining operations, strengthening supply chains through transportation infrastructure, and advancing economic reconciliation by involving indigenous peoples in infrastructure and critical mineral projects.

Applications to the CMIF Pre-construction and Project Development Stream will undergo assessment and ranking as a cohort after the CFP window closes. In contrast, applications to the Infrastructure Deployment Stream will be accepted and considered on a first-come, first-served basis.

In 2022, the Government of Canada initiated the Regional Energy and Resource Tables—a collaborative effort with provinces and territories to identify, prioritize, and pursue opportunities for sustainable job creation and economic growth. Critical minerals emerged as a priority area through the Regional Tables, providing an opportunity for provincial and territorial governments to highlight critical mineral infrastructure projects eligible for CMIF support.


Information for this briefing was found via the Canada.ca and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Silver47 Samples 44.5 g/t Gold, 3,037 g/t Silver & 8.56% Copper At Kennedy Project In Nevada

Related News

DOE Announces Nearly $1 Billion for Critical Minerals Supply Chain

The Department of Energy announced plans Wednesday to issue nearly $1 billion in funding opportunities...

Thursday, August 14, 2025, 11:18:00 AM

EU Outlines Plans to Stockpile Critical Minerals —FT

The European Union is developing plans to stockpile critical minerals and infrastructure repair equipment as...

Monday, July 7, 2025, 11:34:00 AM

Lithium Chile, Others Forced By Government Of Canada To Have Chinese Firms Divest Interest

The Government of Canada this evening decided it is ready to enforce provisions under the...

Wednesday, November 2, 2022, 06:11:15 PM

Ontario Increases Critical Minerals Innovation Fund in New Budget

Ontario’s latest budget includes a significant boost to the critical minerals innovation fund, with an...

Sunday, March 31, 2024, 01:58:00 PM

US Nears Agreement with Ukraine on Critical Minerals, Trump Says

The United States and Ukraine are close to signing a new strategic agreement on critical...

Tuesday, March 25, 2025, 03:40:00 PM