https://www.budget.ontario.ca/2025/pdf/2025-ontario-budget-en.pdf (pages 36 – 43)
Ontario calls on the federal government to recognize the important role that Ontario shipbuilders can play in the National Shipbuilding Strategy to bolster Canada’s domestic shipbuilding capabilities, as well as supporting Canada in meeting and exceeding its two per cent of GDP NATO spending target as part of national defence commitments.
Unleashing the Economic Potential of Critical Minerals
The imposition of U.S. tariffs has highlighted the urgent need to bolster Ontario’s economic resilience. This includes greater emphasis on domestically sourced critical minerals to maintain secure supply chains and unleash Ontario’s economy.
Critical minerals, such as copper, lithium, nickel, cobalt, graphite and rare earth elements, are the foundation upon which modern technology is built. Rapidly changing technologies are, in turn, increasing the global demand for critical minerals, which have become important to strategic industries, including in the defence, aerospace, automotive and energy sectors.