Canada: Government, Public Sector

Canada is positioning itself as a premier destination for institutional investment through legislative reforms, accelerated regulatory approvals, and a new sovereign wealth fund. With ambitious plans to catalyze $1 trillion in investment over five years, the question remains whether Canada can execute major projects with the certainty and speed required to deliver returns that global investors demand.

The federal government has published notices proposing to add the Mackenzie Valley Highway and Roberts Bank Terminal 2 to Schedule 1 of the Building Canada Act as projects of national interest. These potential listings, following a similar notice for the West Coast Oil Pipeline, provide the first practical indications of how the government may use the Act to advance major infrastructure projects through streamlined federal approvals while maintaining Indigenous consultation and environmental assessment requ

Those involved in importing or exporting controlled nuclear information should review this article because the applicable Canadian regime is undergoing significant change, with important consequences for both licensing and day-to-day management of information.