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The agreement focuses on advancing bilateral investment, driving technological solutions for traceability and decarbonization, improving regulatory and governance frameworks, promoting environmental and social best practices and building skilled and diverse workforces. It strengthens Canada’s role as a major foreign mining investor and boosts our exports of mining equipment, technology and services to Peru, creating new opportunities for the Canadian mining industry.

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Since summer 2025, the Government of Canada has signed 21 mining and critical minerals bilateral collaboration frameworks with global partners and led the creation of the G7 Critical Minerals Production Alliance, which has unlocked $18.5 billion in capital for mining projects in less than six months.

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