The Major Projects Office (MPO) was created to accelerate the development and delivery of nation-building projects, driving Canada's economic growth and strengthening our future prosperity. Projects deemed to be of national importance and significance are referred to the MPO, which will work with proponents, provinces, territories and Indigenous Peoples to find the right way forward for these projects.
In September, Canada's new government announced the first tranche of major projects - representing $60 billion in investments in nuclear power, LNG, critical minerals, and new trade corridors. We also outlined strategies - from Atlantic energy connecting wind and new transmission, to carbon capture to high-speed rail and a sovereign cloud - to drive tens of billions in further investments, while creating the conditions for a better connected, more productive, and ambitious country.
Today, Prime Minister Mark Carney announced the second tranche of projects to build our economy. On their own, any one of these projects is transformational. As part of our broader national strategies to boost Canada's competitiveness, these initiatives will make our country more prosperous and resilient for generations to come. These strategies include:
- Realising Canada's full potential as an energy superpower;
- Creating new trade and economic corridors to diversify our economy;
- Building our leadership in critical minerals to increase our independence; and
- Establishing our data sovereignty at a scale to serve Canadians safely and securely.
The projects announced today capitalise on these strengths. They will represent more than $56 billion in new investment, support 68,000 good-paying careers, and build Canada's economic strength for generations.
