B.C. Fast-Tracks 18 Resource Projects Worth $20B

British Columbia Premier David Eby has announced the fast-tracking of 18 resource projects, representing approximately $20 billion in investments aimed at reducing reliance on U.S. exports. These projects, expected to create 8,000 jobs, include established mines, energy facilities, and wind power initiatives, with a significant ownership stake for First Nations in several. The acceleration of these projects comes amid the backdrop of potential U.S. tariffs on Canadian goods, which have raised concerns for the province's economy. However, environmental advocates express worries that the expedited process might compromise environmental assessments and Indigenous consultations. The government insists that environmental standards will be maintained throughout the expedited permitting process. These initiatives aim to diversify BC's economy and lessen its dependency on the American market, which currently accounts for over half of its exports.