
10-year target: Securing $200 billion in major project investment by meeting and beating permitting timelines
How we're doing it
At a time of economic uncertainty, B.C. is advancing major projects that drive growth. We’re working together with First Nations, local communities, and industry to move projects forward faster, demonstrating to the world that B.C. is a reliable and stable place to invest, and creating good familysupporting jobs. The projects are real, and the jobs and benefits they bring will strengthen B.C. and Canada as a whole.
The initial group of projects expand clean-energy capacity to drive nation-building economic growth, deliver critical minerals and renewable energy the world needs, and there is more on the way.
By speeding up major projects, strengthening First Nations partnerships, and reducing our reliance on the U.S., B.C. is creating a more resilient Canadian economy and a competitive edge over other leading global economies.
Building from a strong foundation
How we're doing it
At a time of uncertainty, it is crucial that B.C. delivers the critical infrastructure people in B.C. need, and major projects to drive economic growth faster while maintaining our high environmental standards and upholding our obligations under B.C.’s Declaration on the Rights of Indigenous Peoples Act. Unnecessary delays and hurdles can slow down projects and economic growth.
That is why we’re speeding up and streamlining permitting and regulatory frameworks to remove barriers, delays and duplications for businesses. This helps create more stability and certainty around projects, attracts investment, and creates good jobs for people.
We’re continuing to streamline existing permitting processes.
We’re removing duplications where possible and combining processes, such as environmental assessment and permitting, to increase efficiency and get project decisions quicker.
In spring 2025, we passed the Renewable Energy Projects (Streamlined Permitting) Act to speed up the development of clean-energy projects in B.C. The Act designates the BC Energy Regulator (BCER) as the single window for permitting and authorizations for designated projects, including the North Coast Transmission Line (NCTL) and nine wind projects from BC Hydro’s 2024 call for power. This streamlines the process by eliminating cross-ministry and agency permitting, while ensuring environmental standards are upheld.
In addition, the Infrastructure Projects Act allows the province to approve infrastructure projects deemed essential to B.C.’s public services and economic growth, including public, private or community-led projects such as schools, hospitals, and student housing.
We’re making sure that businesses can navigate the permitting processes more easily and receive the support they need. That is why we’re implementing systemic shifts alongside leveraging modern technologies to streamline business processes to create simple, single points of application and tracking across regulatory agencies.
Working in partnership with different levels of government and communities, we’re providing greater clarity and streamlining touchpoints, while maintaining B.C.’s high environmental standards and fulfilling our responsibility to consult with First Nations. We’re also exploring opportunities to align federal and provincial processes and reduce duplications.
Faster, simpler, and better processes will make sure that global capital comes to B.C. first, generating more jobs and growth for our people in B.C. and Canada.
Building from a strong foundation
How we're doing it
We’re leveraging our abundant natural resources and creating new opportunities in industries such as mining, clean energy and forestry, working in partnership with First Nations, local communities, and businesses, to help build a more self-reliant economy.
By 2040, the global need for critical minerals will be five times more than it is today, and demand for minerals used in clean-energy technology will grow by more than 20 times. That is why we’re investing in companies like Mangrove Lithium. The company will establish a lithium-refining facility and boost battery manufacturing, while creating good jobs and contributing to Canada’s growing clean-technology ecosystem. B.C. is strategically situated with 19 of Canada's 34 critical minerals, and has port access to growing and emerging markets where critical minerals are in high demand. Unlocking these jobs through the critical minerals vision creates generational opportunities for longterm jobs and economic prosperity.
We’re working to meet this critical moment of growth by increasing our energy capacity through various renewable energy projects. Through BC Hydro’s Call for Power 2024 and 2025, we’re expecting to add 8% each to B.C.’s energy supply. BC Hydro is also launching a competitive process in early 2026 for allocation of electricity to support AI and data centres, strengthening the emerging and high-tech sectors in B.C.
To be stronger and more independent, B.C. and Canada need to be less vulnerable to supply chain disruptions and supply shocks. We also need to seize opportunities in growing sectors with highdemand now and into the future.
Building from a strong foundation
Various projects are underway or upcoming like the BC Hydro Call for Power 2025 projects, and we are working to identify more, while ensuring consultations, permitting and environmental protection continue.


Working together with First Nations
Working together, in partnership with First Nations, we are attracting more investments, creating good jobs, stability and growth, and supporting local, and often rural and remote communities, all while protecting and stewarding the lands and waters in B.C., for now and future generations.
And we have seen that in action —
Currently, more than 49 major investment projects involve First Nations, creating opportunities for people to build careers in high-demand sectors close to home and for communities to secure longterm benefits through business opportunities, revenue sharing and equity participation. We all share a common goal — building a B.C. that works for everyone, where people can build a good life with stable jobs and strong communities.
North Coast Transmission Line
B.C. has some of the cleanest and most affordable electricity in the world. We’re making sure we can continue to power our province into the future.
The North Coast Transmission Line (NCTL) is a transformative nation-building project that will bring clean energy to the North Coast and power economic growth, the local and First Nation communities, major projects, ports and industry, and improve access to opportunities such as education, training, and jobs for people. The NCTL will deliver 2,200 MW to the region and enable economic growth by diversifying Canada’s export market for critical minerals and metals, natural gas and other natural resources.
The project also provides the opportunity for historic co-ownership agreements that are currently being negotiated with First Nations to develop, construct, and operate certain elements of the infrastructure comprising the NCTL.
This fall we introduced legislation to make sure we can build the NCTL in partnership with First Nations and stay on track to begin construction in 2026.
As part of our ongoing collaboration with the federal government, B.C. is advocating for federal co-investment in all phases of the NCTL, a project that can also support Western Arctic defence capabilities and a future potential intertie with Yukon. On Nov. 13, 2025, the federal government announced that it has referred the North Coast Transmission Line to the Major Projects Office.
Together with First Nations, local communities, and neighbouring provinces, we can strengthen our regional energy security and leadership in sustainable energy.
First Nations Equity Financing Program
The B.C. government is working to reduce barriers and create more supports so First Nations can access capital to gain meaningful representation in projects in their traditional territories. Equity ownership in new investments will create opportunities for First Nations to work together with the Province and businesses, have a say in project design, construction and operations while creating new revenue and jobs that benefit everyone. It will help develop strong economic partnerships that build more certainty and stability for investors and local communities alike.
In Budget 2024, B.C. government announced the intent to create financing tools to support First Nations equity ownership. First Nations entities seeking equity in commercially viable investments will be considered for provincially backed equity loan guarantees in areas of shared interest. The province is finalizing the financing program design and will share more details in 2026.
Providing lowest carbon-emitting LNG
B.C.’s northeast is rich in natural-gas resources. We’re strengthening this sector and building some of the cleanest LNG facilities by implementing measures such as using clean hydroelectric power, having a strong methane regulation regime, a shorter shipping transit time, and leveraging our colder climate. We’re also building infrastructure to transport some of the lowest carbon-emitting LNG to markets – local and global.
And the LNG Sector is already driving significant investments to B.C. and providing opportunities for market diversification. In 2025, B.C. entered the global LNG market with LNG Canada at Kitimat, with its first shipments to Asia. Cedar LNG and Woodfibre LNG are currently under construction in B.C., already adding jobs and investments to the economy. Other projects, such as Ksi Lisims and Tilbury Phase 2 LNG Expansion, could further our ability to supply liquified natural gas to new markets while generating benefits at home. Ksi Lisims LNG has been recognized as one of the federal government’s nation-building major projects and has been referred to the Major Projects Office.
Additionally, we’re exploring opportunities to further export natural-gas liquids such as propane, ethane, and condensate. They have been a significant part of the B.C. economy, supported by major export terminals like the Ridley Island Propane Export Terminal (RIPET) in Prince Rupert. This capacity is expected to grow with more projects in the works.
B.C.’s Critical Minerals Corridor
Critical minerals mining development in the northwest represents a nation building opportunity that combines economic growth, reconciliation and environmental conservation to realize tens of billions of dollars in investment and thousands of well-paying jobs to support families throughout the province.
We’re working with First Nations and the exploration sector in clearly balancing areas where critical minerals may be developed while aiming to achieve large-scale conservation of our lands and watersheds.
B.C. is uniquely positioned with port access to growing and emerging markets in Asia where critical minerals are in high demand. And we’re working to strengthen the infrastructure further. In 2025, the B.C. government approved $5 million to support Tahltan and Nisga’a purchase of the Port of Stewart, which will be central to transporting critical minerals from the northwest of B.C. to various markets.
In northwestern B.C., nine advanced mineral exploration projects, one major expansion and one revitalization are in various stages of development, and have the potential to generate $29.5-billion in capital investment, more than 8,910 construction jobs, more than 6,024 permanent jobs, plus billions in annual production value and tax revenues.
The opportunity in B.C.’s northwest is aligned with Canada’s focus on critical mineral development and connecting critical mineral projects to supply chains via a new First and Last Mile Fund (FLMF). Along with projects in Yukon and Alberta, this is an unparalleled opportunity to drive Canada’s economic security in the face of economic threats.