Finance Minister Says Refining Critical Minerals Is ‘Key’ to Becoming a Competitive Supplier

Finance Minister Says Refining Critical Minerals Is ‘Key’ to Becoming a Competitive Supplier
Finance and National Revenue Minister Francois-Philippe Champagne responds to a question during question period in the House of Commons on Parliament Hill in Ottawa on Nov. 7, 2025. The Canadian Press/Sean Kilpatrick
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Finance Minister François-Philippe Champagne says his goal is to make Canada “the NATO partner of choice,” noting that refining critical minerals is “the name of the game” for becoming a competitive supplier.

“Exploration, extraction is something, but what we need is refining. That’s the key,” Champagne told a business audience in Calgary on Nov. 10, while answering questions about the Liberal government’s recently tabled budget. “Refining is the name of the game.”