The One Canadian Economy Act, which received Royal Assent on June 26, 2025, has two components to it: the Building Canada Act and the Free Trade and Labour Mobility in Canada Act. Today, I'd like to talk about the first one.
The intent of the act is to expedite the delivery of "nation-building projects." Projects that will strengthen Canada's autonomy, resilience, and security, and turn the country into a global superpower (my words, not theirs).
The government states that this might include things like highways, railways, ports, airports, oil pipelines, critical minerals, mines, nuclear facilities, and electricity transmission systems.
At a high level, the streamlining is intended to work like this:
Projects first need to qualify as a nation-building project.
Then, the federal government approves the project right from the outset.
Following this a single conditions document will be issued by a new Federal Major Projects Office. This is intended to replace the current process of multiple sets of comments, conditions, and federal permits.
Overall, the target is to reduce average approval timelines from ~5 years to ~2 years.
What I particularly like about this sequence is that projects get "approved" right at the start. This is intended to immediately change the conversation from whether we should build to how do we build, which is an important distinction.
As someone who manages projects for a living, I can tell you that decisive and clear direction is critical to moving projects forward. Uncertainty and indecision kill momentum and motivation within teams. You need to be able to say, "this project is going, and going fast, so focus on figuring it out and making it happen!"
Ultimately, everything comes down to execution. But at least we're taking positive steps toward becoming a country that once again builds — and builds big.
