Canada’s Strategic Mineral Investment Initiative

The newly unveiled sovereign fund represents Canada’s most ambitious attempt to reshape its position in global mineral supply chains. Canada launches C$2bn Critical Minerals Sovereign Fund as a comprehensive initiative, announced by Finance Minister François-Philippe Champagne on November 5, 2025, marking a fundamental shift toward direct government participation in critical mineral development rather than relying solely on private sector investment.

The fund operates through Natural Resources Canada with a comprehensive approach targeting three key areas: direct equity investments in promising mineral projects, loan guarantees to reduce financing costs for developers, and offtake…