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Ontario to cut mining approvals by half, decide within 24 months starting Oct 2025.
Ontario is launching a "one project, one process" framework in October 2025 to cut mining approval times by at least 50% and ensure decisions within 24 months, faster than the European Union’s timeline.
The initiative, part of the Protect Ontario by Unleashing our Economy Act, aims to boost investment, support economic reconciliation with First Nations, and keep value-added jobs in the province by launching a $500 million critical minerals processing fund.
While streamlining government reviews, the government maintains its legal and moral duty to consult Indigenous communities.
Officials stress the urgency of acting quickly to compete globally, especially against China, and ensure Ontario benefits from its natural resources.
Ontario recortará las aprobaciones mineras a la mitad, decidirá dentro de los 24 meses a partir de octubre de 2025.