Finance committee Well, there are no programs right now that will allow us to access that, so that's the big ask. Our short-term ask is to try to get the projects up already, which could take us two to three years. Just under $30 million is really the primary ask.
October 15th, 2018Committee meeting
Scott Northey
Finance committee Thirty million dollars would get us to the point where the next step would be to put shovels in the ground and start the construction process. Our hope is that, by asking for $30 million, we will have two to three years for some program or some other source of funding to emerge t
October 15th, 2018Committee meeting
Scott Northey
Finance committee They're not ready for these kinds of projects. They're looking more for capacity-relieving projects, congestion-relieving projects in the south. They want a big bang to start with. They're looking for projects with at least a marginal positive return that they think they can boos
October 15th, 2018Committee meeting
Scott Northey
Finance committee The short answer is no, but we will.... There is another, separate chamber for Nunavut and the Northwest Territories, and we talk to those guys extensively. We speak to MAC and to PDAC, so....
October 15th, 2018Committee meeting
Scott Northey
Finance committee Yes, that's right.
October 15th, 2018Committee meeting
Scott Northey
Finance committee I totally agree with you. Our project is $550 million in the Slave geological province. It's the other half of our corridor from Yellowknife to the Jericho mine, which is over $1.2 billion. There's another corridor in Nunavut, for another $1 billion. I can't speak for anything in
October 15th, 2018Committee meeting
Scott Northey
Finance committee 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 to
October 15th, 2018Committee meeting
Scott Northey
Finance committee Why are we here today? Our extensive efforts in Ottawa to promote this project have garnered near-universal praise. However, there is no clear path to obtaining the necessary public financing that would unleash the economic potential of this area. The northern envelopes for exist
October 15th, 2018Committee meeting
Scott Northey
Finance committee Thank you, Mr. Chair and committee members. We are here on behalf of the Kitikmeot Inuit Association leadership, who are not able to be here today due to their annual general meeting, which is being held in Cambridge Bay this week. The Kitikmeot Inuit Association, or KIA, repre
October 15th, 2018Committee meeting
Scott Northey