Carney names Build Canada Strong Act, sets one review in one year

Prime Minister Mark Carney told the Canada Investment Summit in Toronto on September 15, 2026 that a new Build Canada Strong Act will extend the urgency and efficiency of the Major Projects Office to more projects and supply chains. His stated standard is “One project. One review. One year.”

The Prime Minister said 27 initiatives, mines among them, have gone to the Major Projects Office and represent $500 billion in private investment opportunities. He also said critical minerals agreements with more than fifteen countries have unlocked $20 billion in investment. Those are government figures with no project-level schedules attached.

The speech did not say what the one-year clock would cover for a mine, when it starts, whether it includes Indigenous consultation or provincial assessment, or how the act relates to existing federal statutes, and no bill text or tabling date was given.

A same-day release announced a Productivity Mega Deduction and says covered assets will rise from roughly 15% to more than 65%, naming mining property among them. Those are the government’s own figures, given as shares “of assets” without saying which assets. It is a separate announcement from the act.