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Transport committee  I'll respond to that one. Thank you, Mr. Tootoo. Yes, Nunavut has a small population but huge potential economically. The mineral sector is probably the brightest star in that constellation. We believe that our project would, at minimum, trigger the development of what is a world-class zinc lead deposit in the Kitikmeot region.

June 4th, 2019Committee meeting

Patrick Duxbury

Transport committee  In terms of our project and how it lines up with the various criteria, it lines up very well. Fundamentally, the Grays Bay road and port project is expressly a trade corridor project. It meets all the criteria in the sense that it creates new opportunities to diversify an economic region—in our case, northern Canada, and specifically the Slave geological province, which has proven to be a mineral-rich area but one that is facing enormous challenges because of the lack of infrastructure that promotes economic development.

June 4th, 2019Committee meeting

Patrick Duxbury

Indigenous and Northern Affairs committee  To be honest, ten times the amount of money would be required. I'll give an example. In the national trade corridors fund, which is a $2 billion pot of funding, there is a $400-million set-aside for northern projects. That is going to be expended over a ten-year period. I'll leave it there.

October 17th, 2018Committee meeting

Patrick Duxbury

Indigenous and Northern Affairs committee  I think I'll refer you to the map that was passed along. The fact is that there are world-class mineral deposits in this area, many of which sit on Inuit-owned land, that are basically inaccessible at this point. In particular we talk about base metals, ones that really require transportation infrastructure.

October 17th, 2018Committee meeting

Patrick Duxbury

October 17th, 2018Committee meeting

Patrick Duxbury

Indigenous and Northern Affairs committee  We've looked at the Canada Infrastructure Bank as a potential opportunity for funding. However, you're pretty much right; what it offers is not going to help our project, mainly because while the Grays Bay road and port project offers an economic return—and I mentioned hypothetically that one mining company would generate $665 million of tax revenues to government—that isn't taken into account, as we understand it, by the Canada Infrastructure Bank.

October 17th, 2018Committee meeting

Patrick Duxbury

Indigenous and Northern Affairs committee  Thank you, Madam Chair and committee members. I'm here on behalf of the leadership of both the Kitikmeot Inuit Association and Nunavut Resources Corporation, who unfortunately are not able to be here today due to their annual general meeting being held in Cambridge Bay, Nunavut, this week.

October 17th, 2018Committee meeting

Patrick Duxbury

Finance committee  I just wanted to build on what Colette had mentioned earlier that a motion from the Kitikmeot Chamber of Commerce had been ratified and brought up at the Canadian Chamber of Commerce AGM in Thunder Bay late last month. That was endorsed by the other northern chamber of commerce territorial groups.

October 15th, 2018Committee meeting

Patrick Duxbury

Finance committee  It also improves the quality of services that already exist there. Some of you may be aware that there was a scrubbed resupply barge that was coming from the west and going up to the Mackenzie River. Due to the ice situation in the Beaufort, the barge is not able to reach Cambridge Bay and Kugluktuk, so effectively there are millions of dollars' worth of equipment, goods and vehicles sitting in Inuvik right now that were destined for Cambridge Bay and Kugluktuk.

October 15th, 2018Committee meeting

Patrick Duxbury

Finance committee  The primary economic rationale for this project is that it would lower the cost to access, explore and develop the mineral-rich Slave geological province. It will lower the cost of developing known projects and increase the likelihood of finding significant new mineral deposits.

October 15th, 2018Committee meeting

Patrick Duxbury