Investment will help create a greener, more sustainable mining industry and bring strong economic benefits to Saskatchewan
Greening Canada's mining sector is a crucial part of the transition toward a low-carbon economy. That is why the Government of Canada is making investments that will help build a greener future by supporting advancements in sustainable mining practices, while creating well-paying jobs that will support global demand for Canada's critical minerals.
Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced an investment of $100 million through the Strategic Innovation Fund to support BHP's $7.5 billion project to develop its world-leading low-emissions potash mine. This mine, located in Jansen, Saskatchewan, is expected to generate the lowest direct emissions of any potash mine in the world. Through this project, BHP will significantly minimize the carbon footprint of the mine, improve worker safety and implement technology to further reduce emissions from mine operations.
We know how critical potash is for our country when it comes to food security. By investing in critical minerals today, we're building a stable industry for future generations in Canada. This support will lead to the production of critical minerals that will support transformation and growth across the Canadian economy, while enabling BHP to transform its own operations, reduce greenhouse gas emissions and prepare for a net-zero future.
This will ensure Canada remains a global leader in both potash production and sustainable mining. It will also provide critical environmental benefits and long-term benefits for the people of Saskatchewan by creating and maintaining 600 highly skilled jobs and over 100 co-op terms for students, supporting Indigenous communities through employment and economic opportunities, and cementing Canada's leadership position in potash production. BHP has signed opportunities agreements with six First Nations.
