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Stock impact report

New major projects list has some Indigenous buy-in, Carney says OKs still needed [BNN Bloomberg (Canada)]

Nouveau Monde Graphite Inc. Common Shares (NMG) 
Company Research Source: BNN Bloomberg
The list of projects earmarked for fast-track approval includes the Crawford nickel mine in Ontario, the Ksi Lisims LNG project on B.C.'s northwest coast, and the North Coast Transmission Line to power projects in the region, including the Ksi Lisims LNG facility. Also up for fast-track consideration is a hydroelectric project in Iqaluit, the Nouveau Monde graphite mine in Quebec and the Sisson tungsten mine in New Brunswick. Speaking in Terrace, B.C., on Thursday, Prime Minister Mark Carney said these latest projects represent $56 billion in new investment. The federal government's major projects legislation, passed this summer, allows cabinet to quickly grant federal approvals for big industrial projects it deems to be in the national interest by, among other things, sidestepping existing laws. The legislation led to the introduction of the Major Projects Office — to which projects can be referred to for approval — and an Indigenous advisory council that will advise the off Show less Read more
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