Alberta’s government has introduced legislation that would fast-track approvals for large industrial projects, setting a fixed timeline for decisions and narrowing the scope of regulatory delays.

The proposed law, known as the Expedited 120-Day Approvals Act, would apply to projects with at least $250 million in capital investment and considered strategically important to the province’s economy.

Under the plan, qualifying projects would go through an upfront review by government officials and cabinet.

Once approved for the streamlined process, regulators would be required to issue permits and complete assessments within 120 days.

The province says the current system can create uncertainty and delays that discourage investment. The new approach is designed to reduce duplication across agencies and provide clearer timelines for developers.

To qualify, companies would need to show progress on environmental reviews and consultations with Indigenous communities before entering the expedited stream. The legislation does not remove the legal duty to consult, but some consultation work could continue while the approval clock is running.

A central review team within government would assess applications and recommend whether projects meet the criteria. Cabinet would then issue an order that triggers the 120-day timeline and identifies all required permits.

The proposal is focused on sectors such as energy, mining and infrastructure, though it could extend to other industries including utilities and technology projects.

Provincial officials argue the changes are needed to improve competitiveness and attract investment, particularly as companies weigh projects across jurisdictions.

Details of how the system will operate are still being finalized and the legislation must pass in the legislature before taking effect.