Prime Minister Announces Major Projects to be Fast-Tracked Under New Major Projects Office
Prime Minister Announces Major Projects to be Fast-Tracked Under New Major Projects Office
The Prime Minister today announced 5 major energy and trade projects which are being designated for regulatory and approval fast-tracking as part of the government’s new Major Projects Office initiative, including two in BC. These projects would represent over $60 billion in investment and create thousands of jobs.
The Langley Chamber directly and through the Canadian Chamber has been advocating for years for faster approval processes for energy, trade and transportation infrastructure and welcomes any move to adopt a faster, “one project, one review” regulatory approach.
What Was Announced
The government has launched the Major Projects Office (MPO) in an effort to streamline, coordinate, and speed up federal reviews and approvals for projects deemed in the national interest. The government has committed to reducing regulatory timelines, structuring financing, and working closely with provinces, territories, Indigenous partners, and project proponents. Under the MPO, the first five projects selected for fast-track review are:
- Phase II of LNG Canada, Kitimat, BC — doubling LNG output.
- Red Chris Mine Expansion, Northwest BC — extending mine life, boosting copper production, and improving emission performance.
- Darlington New Nuclear Project, Bowmanville, Ontario — introducing small modular reactors (SMRs).
- Contrecœur Terminal Container Project, Québec — major expansion of the Port of Montréal’s shipping capacity.
- McIlvenna Bay (Foran) Copper Mine, Saskatchewan — critical minerals development.
The MPO aims to ensure these projects have clear regulatory pathways, coordinated reviews (“one project, one review”), and predictable decision-making, targeting a maximum two-year approval window once designated.
A number of other projects which are not as far developed were also named as potential for future focus.
Why This Matters to Langley Businesses
Faster approvals mean less uncertainty. Delays in permitting and approvals increase project costs, tie up investment capital, and reduce competitiveness. A more efficient process helps businesses plan and invest with confidence. Big projects mean demand for contractors, tradespeople, suppliers, and businesses across the supply chain, including from Langley businesses. These projects also will spur capital investment, create jobs, and stimulate economic growth which benefits our broader economy.
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