A report released on Monday by the Conference Board of Canada, one of the country’s most respected public policy research organizations, predicts that mining in Northern Canada will support an additional 43,000 to 70,000 jobs in the region by 2020. The report estimates that the value of the annual output of mining activity in the North will grow at an […]
Read morePrime Minister Stephen Harper says “tremendous economic opportunity” lies in tapping Canada’s northern resources, describing it as a key to the country’s prosperity. The comments came in a press conference in the Yukon, which he visited as part of his seventh annual Northern Tour. The tour, which runs from August 20-24, is part of a long-term drive by the federal […]
Read moreA new shale oil prospect in the Northwest Territories potentially rivals the Bakken formation under Saskatchewan, Montana and North Dakota in its recoverable oil resources. The Canol shale formation could contain two to three billion barrels of recoverable oil according to David Ramsey, Minister of Industry and Transportation for the Northwest Territories. If the estimates are proven accurate, it would […]
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