The Canada-US Joint Action Plan on Critical Minerals The Canada-US Joint Action Plan on Critical Minerals Collaboration is a strategic plan aiming to advance bilateral interest in securing supply chains for the critical minerals needed for strategic manufacturing sectors, including communication technology,
aerospace and defence, and clean technology.
The Action Plan is guiding cooperation between officials in areas such as industry engagement, innovation, defence supply chains, improving information sharing on mineral
resources and potential, and cooperation in multilateral fora. Canada already supplies many of the minerals deemed critical by the United States: in 2020, bilateral mineral trade was valued at $95.6 billion, with 298 Canadian mining companies and a combined $40 billion in Canadian mining assets south of the border.