Government Funding Is Fast-Tracking This Mine | John Passalacqua - First Phosphate
The Deep Dive Aug 11, 2026
Summary
First Phosphate qualifies for Canada's first and last mile fund to engineer the mine's access road and power line.
Site proximity to a main provincial highway and nearby hydro keeps the infrastructure build short and contained.
Remaining engineering work focuses on routing the short access road and sizing the power line before construction.
John Passalacqua's takeaways
- Top takeaway The guest argues that federal funding under Canada's 'first and last mile fund' is fast-tracking infrastructure studies for the mine.
- He emphasizes the project's proximity to a provincial highway and hydro, framing the infrastructure gap as small but non-trivial.
- He flags that engineering work to determine exact power requirements must be completed before mine construction.