The Senate passed Prime Minister Mark Carney’s landmark ‘nation-building’ projects bill unamended Thursday, giving the federal government extraordinary new powers to fast-track initiatives that have the potential to boost the economy as Canada grapples with the U.S. trade war.
Carney’s cabinet can now streamline the approvals process by allowing some projects to bypass provisions of federal laws like the Impact Assessment Act, which has long been criticized as a hindrance to getting things approved in a timely manner.
