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3h ago

Canada Names First Fast-Track Port Projects, Signs Nonbinding Minerals Deal With Germany

The government is linking early port designations to a new, non‑binding critical minerals partnership with Germany.

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The Port of Churchill is shown from The Flats area of Churchill, Man., on Wednesday, July 4, 2018. THE CANADIAN PRESS/John Woods
Prime Minister Mark Carney answers questions from the media during a joint press conference with Latvian Prime Minister Evika Silina (not shown) at the Cabinet of Ministers in Riga, Latvia, on Tuesday, Aug. 26, 2025. THE CANADIAN PRESS/Christinne Muschi

Overview

  • Ottawa identified new facilities at Churchill, Manitoba, and an expansion of Montreal’s Contrecœur terminal as initial candidates for support under Bill C-5.
  • Prime Minister Mark Carney said formal investment announcements on port infrastructure will follow within two weeks.
  • Speaking in Berlin alongside Chancellor Friedrich Merz, Carney unveiled a Canada–Germany critical minerals cooperation agreement signed by Natural Resources Minister Tim Hodgson.
  • The agreement appoints special envoys and outlines cooperation on project financing, technology and supply‑chain integration, and it is not legally binding or a financial commitment.
  • Officials say the combined push aims to build export corridors for industries such as electric vehicles, defence and aerospace and to deepen ties with Germany, Canada’s largest European trading partner.