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Canada Nickel Company Inc
Symbol CNC
Shares Issued 240,857,767
Close 2026-04-24 C$ 1.73
Market Cap C$ 416,683,937
Recent Sedar+ Documents

Globe says Canada Nickel hears 10 big project set to go

2026-04-27 07:47 ET - In the News

The Globe and Mail reports in its Saturday edition that Energy and Natural Resources Minister Tim Hodgson announced on Friday that up to 10 major natural resource projects will begin by next year as the Liberal government works to bolster Canada's economy amid the U.S. trade war. The Globe's Niall McGee writes that Prime Minister Mark Carney's Major Projects Office aims to fast-track regulatory approvals and support significant funding. To date, 15 projects in mining, electricity, energy and transport have been referred, representing tens of billions in potential investment. Mr. Hodgson said: "We need to keep moving projects from approval to final investment decision (FID), construction and ultimately, production. In spring 2027, you will see projects not just having been added to the [MPO], but at least five to 10 new projects having reached FID or broken ground." Some of the projects referred to the office, including Canada Nickel's Crawford nickel operation in Ontario, and Newmont's Red Chris copper mine in B.C., were already far along in the development process. The Ottawa is hoping that moving resource projects along faster will offset some of the pain being generated by U.S. President Donald Trump's trade war.

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