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Canada and Germany Forge Critical Minerals and Energy Pact to Bolster Clean Transition
Prime Minister Mark Carney, left and German Chancellor Friedrich Merz.
Prime Minister Mark Carney and German Chancellor Friedrich Merz have signed a landmark agreement aimed at securing critical mineral supply chains and deepening energy cooperation between Canada and Germany.
The joint declaration commits both nations to co-funding natural resource projects, expanding research and development, and collaborating on clean energy initiatives such as liquefied natural gas (LNG) and hydrogen. Carney emphasized that Canada’s vast reserves of nickel, cobalt, and other key minerals have been underdeveloped for too long, while global markets remain dominated by China and Russia.
The partnership is designed to strengthen transatlantic security, accelerate the clean energy transition, and create high-value jobs in both countries. Special envoys have been appointed to advance the initiative, with Canada’s Isabella Chan and Germany’s Matthias Koehler leading the effort.
During their Berlin meeting, Carney and Merz also discussed the war in Ukraine, reaffirming that no decisions about the country’s future should be made without its direct involvement.
This agreement marks a significant step in Canada’s strategy to diversify trade partnerships and position itself as a reliable global supplier of critical resources.
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