Tim Hodgson:Canada is poised to establish itself as a global energy superpower

"Amidst the pursuit of a low-carbon future, Canada is poised to establish itself as a global energy superpower through strategic partnerships and responsible resource management. This week's trade mission has marked a significant milestone in the Critical Minerals Production Alliance and the energy partnership with Germany, paving the way for a secure supply of low-carbon Canadian energy.

By collaborating with G7 allies and exporting Canadian resources to dependable markets, we are not only ensuring a stable energy supply but also generating opportunities for Canadians at home. This forward-thinking approach is particularly crucial in today's complex geopolitical landscape, where access to critical minerals is essential for driving innovation in industries such as the electrification of the auto sector and the provision of advanced materials for the defense sector.

Currently, China's dominance in the critical minerals supply chain poses a significant risk to German industry and competitiveness, as well as to Canada's own resource security. The partnership with Germany offers a unique opportunity to mitigate this risk by leveraging Canada's high environmental and labor standards, as discussed through the G7 Critical Minerals Production Alliance.

Our efforts to secure market-based supply chains, free from coercion, extend beyond mere economics. They represent a chance to foster a new era of industrial prosperity and enhance national security. As we embark on this exciting new chapter in the Canada-Germany partnership, we are confident that our collaborative efforts will guide our continents and partners for the next four years and potentially for the next four decades."