Patrick alluded to some of the jobs and opportunities. Really, this is meant to stimulate mineral exploration activity and mine development. There's a mine that's ready to go into production, but they can't afford the infrastructure because the size of the deposits is a little too small to be able to absorb it. As we alluded to, that mine alone will result in 700 jobs in the area.
We're anticipating that the corridor is going to result in additional mineral exploration activity. We hired an economist, who has determined that for every million dollars spent on exploration activity, 5.2 jobs are created in Nunavut alone. That's logistics support, whether it's trucking, helicopter services, etc.
We also believe it will lower the cost of community resupply, which is crucial right now. For example, a litre carton of juice, which you can get for $2.99 at the Superstore here, would cost about $14.99 in Nunavut. Those kinds of healthy foods are very expensive and hard to bring in. The general view is that the corridor will result in savings of about $500 per person per year in our region. It doesn't sound like a lot, but for a family of four, $2,000 savings in a region where the median income is around $10,000 means an ability to really bring the cost of living down and promote additional liquidity within the household.
The last part is the stimulated activity associated with all the other mining-related activities. We can see barging services getting formed, and additional logistical services. Some of the communities will become much more of logistical hubs. We would see primary, secondary and tertiary stimulation developing from that corridor.