PDAC: Ottawa details $1.5B road, power fund
- β’Hey everyone, Just read this article from mining.com about Ottawa detailing a new $1.5B "First and Last Mile" infrastructure fund.
- β’Link here if you want to check it out.
- β’This fund, specifically aimed at getting metals from mines to markets, could significantly de-risk some of those more remote projects.
Hey everyone,
Just read this article from mining.com about Ottawa detailing a new $1.5B "First and Last Mile" infrastructure fund. Link here if you want to check it out.
Honestly, this sounds like a pretty big deal for the Canadian mining sector, and especially for some of the junior explorers Iβve been tracking (and cautiously investing in) for a while now. Iβve always been a bit wary of companies with promising deposits but absolutely no infrastructure around them, knowing how much that can eat into timelines and profits. This fund, specifically aimed at getting metals from mines to markets, could significantly de-risk some of those more remote projects. It's not often you see the government directly addressing this kind of logistical bottleneck, and as someone who's looking long-term towards retirement and trying to build a diversified portfolio that includes some exposure to commodities, this feels like a positive tailwind. My wife even mentioned how good it'd be for job creation in those areas, which is a nice bonus.
What are your thoughts? Are you invested in any Canadian miners that might benefit from this? Or do you see any potential pitfalls I might be missing? Always keen to hear what the community thinks!