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Feds, Ontario to sign deal reducing regulatory burden on Ring of Fire, other projects

On Thursday, Prime Minister Mark Carney and Ontario Premier Doug Ford will sign a deal in Ottawa to streamline project reviews, with a draft posted by the Impact Assessment Agency of Canada stating the 'One Project, One Review and One Decision' approach.
Provincial and federal sources say coordination targets navigable waters, species at risk, and migratory birds, with Ottawa agreeing to eliminate duplicative impact assessments.
Webequie First Nation and Marten Falls First Nation are leading assessments on three roads, and in a side deal the federal government committed to the province's timeline for impact assessments.
The source promises standards will remain stringent and rights protections upheld, and Ontario is no longer expected to use controversial special economic-zone powers.
Wyloo and Juno Corp. own the vast majority of more than 40,000 claims in the Ring of Fire; Wyloo nears completion of a feasibility study at its Eagle's Nest site, with companies reporting diverse critical minerals.

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