Story perspectives

Trump Administration's Investment in Canadian Minerals Sparks Security Concerns

10/13/2025

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Summary

Story summary

The Trump administration invested in two Canadian critical mineral companies, taking 10% of Trilogy Metals and 5% of Lithium Americas, raising national security concerns.
Experts, including international lawyer Lawrence Herman, say Canada should review these investments under the Investment Canada Act.
Some experts view the stakes as small and unlikely to pose significant risks.
The Canadian government tightened guidelines on foreign investments in critical minerals to enable national security reviews.

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Story summary

The Trump administration invested in two Canadian critical mineral companies, taking 10% of Trilogy Metals and 5% of Lithium Americas, raising national security concerns.
Experts, including international lawyer Lawrence Herman, say Canada should review these investments under the Investment Canada Act.
Some experts view the stakes as small and unlikely to pose significant risks.
The Canadian government tightened guidelines on foreign investments in critical minerals to enable national security reviews.