There are no minor projects, prime minister

Commentary

Prime Minister Mark Carney speaks at a manufacturing facility in Mississauga, Ont., Sept. 5, 2025. Sammy Kogan/The Canadian Press.

As prime minister, Mark Carney has frequently stated his ambitions to ”[move] at a speed not seen in generations to build…the major projects that will unlock Canada’s full economic potential,” and as his government prepares to table its first budget since April’s election, investors and capital project developers are anticipating further details on its policy agenda.

Bill C-5 was broadly supported by project proponents as a key step toward expediting major projects. But it’s rightly seen as a necessary yet insufficient step. To fully realize the potential of unprecedented investments in natural resources, infrastructure, and innovation, the federal government should use Budget 2025 to signal that it will go beyond Bill C-5 and dramatically accelerate all approval timelines. This would involve adopting a philosophy that embraces projects of every size—big, but also small.

The prime minister’s challenge is clear. Over the past decade, investors seeking to build projects in Canada were confronted with frustration and delay. From Energy East to the Teck Frontier Mine, Canada’s unbuilt project list has piled up as an unhelpful example to global investors. According to the Public Policy Forum, the time between discovery to production for a mine now takes over 10 years.

The new Major Projects Office, which has prioritized five national flagship projects for fast-tracked approval, is a step in the right direction. But it doesn’t go far enough. The government should extend it in order to accelerate all approval timelines, taking a Major Projects Office approach to all permits and approvals across the federal government. 

Unfortunately, it is all too common for delays in approvals to be blamed on Indigenous consultation requirements. This both misrepresents reality and risks undermining critical reconciliation efforts. In reality, it is the broader permitting system—fragmented across jurisdictions, prone to inefficiency, and lacking transparent timelines and interfaces for applicants—that is the chief culprit.

Comments (0)

Log in to comment
Go to article
00:00:00
00:00:00