Canadians Prioritize Resource Control as Concerns Rise Over Foreign Investment

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A growing number of Canadians are expressing strong support for developing the nation’s critical minerals, but there is significant tension over who should be allowed to finance these projects. Recent national sentiment shows that resource sovereignty now outweighs the appeal of foreign capital, even if that means slower development or fewer new jobs.

 Canadians Prioritize Resource Control as Concerns Rise Over Foreign Investment

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Nearly six in ten Canadians consider the potential loss of control over vital resources a more serious threat than delayed economic opportunities. This attitude is shaping public expectations around how major mineral, energy, and infrastructure projects should be funded. While most citizens support the idea of government involvement, opinions diverge on the ideal structure. A substantial portion prefers joint public-private models, while a smaller group believes the private sector should shoulder most of the responsibility.

The divide becomes sharper when foreign investment enters the conversation. A majority favors limiting external ownership of critical resources such as nickel, copper, graphite, and other minerals essential to the technology, transportation, and defense sectors. Even among those open to international participation, certain boundaries remain non-negotiable. Fresh water overwhelmingly tops the list of resources that Canadians believe should never be owned by foreign entities. Significant numbers would also block international ownership of oil, gas, uranium, and potash.

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Public sentiment is heavily influenced by geopolitical considerations. Many Canadians oppose investment from nations viewed as adversarial or unstable. However, the desire to protect domestic assets extends beyond those countries. More than one-third of respondents believe that even close allies should face restrictions when attempting to purchase stakes in critical Canadian industries. Recent high-profile foreign acquisitions in the resource sector have heightened public scrutiny, fueling the view that every proposed deal should undergo rigorous evaluation to safeguard national interests.

Economic data released recently adds another layer of complexity. Although overall GDP growth appeared stronger than expected during the latest quarter, underlying indicators suggest that the domestic economy remains fragile. Much of the reported expansion stemmed from reduced imports rather than robust local activity. Measures of internal demand softened, and early estimates for the following month point toward renewed contraction. Unless economic momentum improves quickly, growth may fall short of national forecasts.

Together, these trends paint a picture of a country determined to protect its strategic assets while navigating uncertain economic conditions.

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