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Ahead of G7 meetings, energy minister announces funding for green tech projects

Canada and G7 partners will secure supply chains through offtake agreements and investments to reduce dependence on China, officials said.

  • A two-day G7 meeting October 30 to October 31 in Toronto will focus on securing critical mineral supplies, Natural Resources Minister Tim Hodgson said.
  • G7 countries, excluding Japan, are heavily reliant on China for materials, and Natural Resources Minister Tim Hodgson says Canada intends to lead efforts to secure supply chains.
  • Canada plans to use offtake agreements and stockpiles to lock supplies while producing nickel, copper and cobalt, with Natural Resources Minister Tim Hodgson pledging $11,000,000 for carbon capture projects and $5,000,000 for a battery materials company.
  • What you will see on Friday is a number of concrete announcements, Natural Resources Minister Tim Hodgson said, despite U.S. President Donald Trump calling off trade talks over tariffs and Keystone XL revival remaining unclear.
  • Earlier this year G7 officials met in Chicago and discussed price floors backed by government subsidies, and Environment Minister Julie Dabrusin said Canada aims to convene world leaders.
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InsideNoVA.comInsideNoVA.com
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G7 meets on countering China's critical mineral dominance

Curbing China's critical mineral dominance will top the agenda at a G7 energy ministers meeting in Canada on Thursday, as industrialized democracies seek more reliable access to the resources that power future technologies.

City NewsCity News
+19 Reposted by 19 other sources
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Ahead of G7 meetings, energy minister announces funding for green tech projects

OTTAWA — Federal Energy Minister Tim Hodgson announced millions of dollars for clean tech projects on Wednesday, ahead of the G7 ministerial meetings in Toronto starting Thursday. Delivering the keynote address to the International Energy Agency Energy Innovation Forum, Hodgson pledged $11 million for carbon capture projects in Quebec and Newfoundland and Labrador. Later in […]

·Toronto, Canada
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CTV News broke the news in Canada on Tuesday, October 28, 2025.
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