“We are very disheartened by the federal government’s decision on the Castle project given the expansion fell well below the threshold to being subject to the Impact Assessment Act (IAA),” said Pierre Gratton, president and CEO of MAC.
“This decision certainly has the potential to lead to longer timelines at a time of unprecedented global economic uncertainty.”
“It seems clear that this decision was political in nature as there are many projects across the country with equal or more significant impacts that are not subject to the IAA,” he added.
Source: Teck shares plunge on Ottawa environment review of BC coal project – MINING.COM