"Nothing's more promising than the Ring of Fire, a once-in-a-generation opportunity to create more than 70,000 jobs, make Ontario a critical mineral superpower, and add $22 billion to our province's economy [over the next 30 years]."
"Construction on the Webequie Supply Road and Marten Falls Community Access Road is slated to begin later this year, according to a provincial release, while construction on the Northern Link Road joining the two other roads is expected to get underway in 2028 and open three years later."
"With President Trump's tariffs causing so much uncertainty, we don't have a second to waste. Recently, Ford's government has worked to accelerate development of the area, saying economic uncertainty coming from the U.S. requires economic projects to be fast-tracked."
Premier Doug Ford announced that Ontario will accelerate development of the Ring of Fire, a mineral-rich region, by beginning construction on access roads this year. Three roads are planned: the Webequie Supply Road and Marten Falls Community Access Road will start construction in 2024, while the Northern Link Road connecting them will begin in 2028 and open by 2031. Ford projects the project will create over 70,000 jobs and add $22 billion to Ontario's economy over 30 years. The accelerated timeline responds to economic uncertainty from U.S. tariffs. The province previously passed Bill 5, enabling special economic zones where companies can be exempted from provincial laws and regulations, with Ford considering designating the Ring of Fire as such a zone.
#ring-of-fire-development #critical-minerals-mining #infrastructure-construction #economic-policy #ontario-government
Read at www.cbc.ca
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