
First Phosphate Corp. CEO John Passalacqua joined Steve Darling from Proactive to discuss the company's latest federal funding milestone after securing $4.84 million in non-repayable contributions from the Government of Canada through Natural Resources Canada's First and Last Mile Fund to advance the Bégin-Lamarche Phosphate Project in Quebec. Passalacqua said the new funding builds on the $16.7 million previously awarded by NRCan in March 2026 through the Global Partnerships Initiative, further strengthening government support for developing the company's high-purity phosphate deposit. Approximately $3.07 million will fund studies related to power transmission infrastructure, including site selection, feasibility work, environmental assessments, public and Indigenous consultations, and the design of a 161-kV transmission line and substations in the Saguenay–Lac-Saint-Jean region. A further $1.77 million will support planning for transportation infrastructure, including preparat...