Canada Nickel Releases Sure Effects from Crawford Nickel Mission Financial Affect Find out about
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Canada Nickel Releases Sure Effects from Crawford Nickel Mission Financial Affect Find out about


Highlights

  • Contributes over $70 billion to Canada’s GDP over 40+ time venture past
  • Generates over $16 billion in federal and provincial tax revenues
  • On moderate, supplies $16 billion in labour source of revenue from roughly 1,000 direct jobs and over 3,000 oblique and brought on jobs

TORONTO, Oct. 15, 2025 /PRNewswire/ – Canada Nickel Corporate Inc. (“Canada Nickel” or the “Company“) (TSXV: CNC) (OTCQX: CNIKF) as of late introduced the consequences from an financial affect find out about finished for its flagship Crawford Nickel Mission (“Crawford”), positioned within the Timmins Nickel District of Ontario.

The find out about, ready by means of Mansfield Consulting, estimates that Crawford will generate a complete financial contribution of over $70 billion to Canada’s Improper Home Product (“GDP”), over the venture’s projected 40+ time past of the mine, with $67 billion of that affect in Ontario abandoned. Crawford may be anticipated to backup roughly 1,000 direct and 3000 oblique and brought on jobs, totalling roughly 185,000 person-years of occupation and handing over roughly $16 billion in labour source of revenue. As well as, beneath the find out about, Crawford is projected to generate $7.7 billion in federal tax revenues and $8.3 billion in provincial tax revenues.

“These results confirm Crawford’s potential as one of our country’s most significant new critical minerals projects,” mentioned Mark Selby, CEO of Canada Nickel Corporate. “Crawford is projected to generate considerable financial advantages for each Ontario and Canada pace supplying the nickel and alternative crucial minerals had to meet rising world call for. The dimensions of this Mission – its long-term jobs, tax revenues, and GDP contributions– mixed with the worth generated from native downstream processing crops and the prospective from 8 extra tasks, reinforces the Timmins Nickel District’s rising situation as Ontario’s Crucial Minerals Hall.

Mr. Selby endured, “Unlike many other critical mineral projects, Crawford is already well-advanced in permitting, has all of the major infrastructure in place, and has strong community support. With these crucial elements already established, Crawford is uniquely positioned to move forward efficiently and deliver tangible benefits sooner. Importantly, Crawford’s benefits will be delivered through established and collaborative partnerships with Indigenous Nations, who are actively engaged as co-developers in our shared success.”

Financial Find out about

The find out about quantified the industrial affects from the improvement and operation of Crawford throughout all stages of the venture and assessing the affects in Ontario and alternative areas of Canada. Financial affects had been estimated on the direct, oblique, and brought on ranges. Direct affects are adjustments that happen with “front-end” companies that to start with obtain running revenues and incur expenditures. All the way through the improvement of a mine, direct affects happen with the mine proprietor and with alternative companies that can obtain a portion of the preliminary spending on a venture. All the way through the operation of a mine, direct affects happen with the mine proprietor and with alternative companies that can obtain a portion of the mine revenues. Oblique affects are adjustments that happen with providers of the front-end companies. All the way through the improvement or operation of a mine, oblique affects happen with providers of products and services and products to the mine. Caused affects are adjustments that happen within the basic financial system in the course of the spending by means of workers of front-end companies and providers. All the way through the improvement or operation of a mine, brought on affects outcome from the spending of mine workers and workers of mine providers within the basic financial system. Labour source of revenue is the overall quantity of wages and salaries paid to body of workers and workers. The find out about used to be in line with knowledge from the Corporate’s feasibility find out about revealed in November 2023.

Overall Affects in Canada


GDP
(billions)

Labour Source of revenue
(billions)

Federal Tax Revenues
(billions)

Provincial Tax Revenues
(billions)

Direct

$51.7

$5.3

$5.0

$6.0

Oblique

$11.2

$7.1

$1.5

$1.0

Caused

$7.4

$3.5

$1.3

$1.3

Overall

$70.2

$15.9

$7.7

$8.3

Federal and Provincial Taxes Direct


Federal
(billions)

Provincial
(billions)

Overall
(billions)

Company Source of revenue Tax

$4.2

$2.8

$7.0

Mining Tax

$2.6

$2.6

Alternative Taxes (Private Source of revenue Tax and Others)

$0.8

$0.6

$1.5

Subtotal – Overall Tax Revenues

$5.0

$6.0

$11.0

CTM Funding Tax Credit score

(1.1)

(1.1)

Overall

$3.9

$6.0

$9.9

Certified Individual

Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a “Qualified Person” as such expression is outlined by means of Nationwide Device 43-101 – Requirements of Disclosure for Mineral Tasks, has reviewed and licensed the technical knowledge on this information loose.

About Canada Nickel Corporate

Canada Nickel Corporate Inc. is advancing the upcoming moment of nickel-sulphide tasks to bring nickel required to feed the prime enlargement electrical automobile and stainless-steel markets. Canada Nickel Corporate has implemented in a couple of jurisdictions to trademark the phrases NetZero Nickel, NetZero Cobalt, NetZero Iron and is pursuing the improvement of processes to permit the manufacturing of internet 0 carbon nickel, cobalt, and iron merchandise. Canada Nickel supplies traders with leverage to nickel in low political chance jurisdictions. Canada Nickel is these days anchored by means of its 100% owned flagship Crawford Nickel-Cobalt Sulphide Mission within the middle of the prolific Timmins-Cochrane mining camp. For extra knowledge, please talk over with www.canadanickel.com.

Media, please touch:

Sydney Oakes
Director of Indigenous Members of the family and Folk Affairs
[email protected]

For additional knowledge, please touch:

Mark Selby
CEO
Telephone: 647-256-1954
E mail: [email protected]   

Cautionary Commentary Regarding Ahead-Having a look Statements

This press loose accommodates sure knowledge that can represent “forward-looking information” beneath acceptable Canadian securities regulation. Ahead browsing knowledge comprises, however isn’t restricted to, the result of the industrial affect find out about in appreciate of Crawford (together with overall financial contribution, task initiation and tax income moment), the potential for Crawford and the Corporate’s alternative tasks, allowing, partnerships with Indigenous International locations, strategic plans, together with date exploration and construction plans and effects, and company and technical targets. Ahead-looking knowledge is essentially primarily based upon a number of guesses that, pace regarded as cheap, are topic to recognized and unknown dangers, uncertainties, and alternative elements which would possibly motive the fresh effects and date occasions to vary materially from the ones expressed or implied by means of such forward-looking knowledge. Components that would have an effect on the end result come with, amongst others: date costs and the provision of metals, the date call for for metals, the result of drilling, incapacity to lift the cash important to incur the expenditures required to hold and move the detail, environmental liabilities (recognized and unknown), basic industry, financial, aggressive, political and social uncertainties, result of exploration systems, dangers of the mining business, delays in acquiring governmental approvals, failure to procure regulatory or shareholder approvals. There can also be deny contract that such knowledge will turn out to be correct, as fresh effects and date occasions may vary materially from the ones expected in such knowledge. Accordingly, readers will have to now not park undue reliance on forward-looking knowledge. All forward-looking knowledge contained on this press loose is given as of the time hereof and is primarily based upon the evaluations and estimates of control and data to be had to control as on the time hereof. Canada Nickel disclaims any goal or legal responsibility to replace or revise any forward-looking knowledge, whether or not as a result of unused knowledge, date occasions or differently, aside from as required by means of regulation.

SOURCE Canada Nickel Corporate Inc.



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