EventAt the country’s first Canada Investment Summit in Toronto, premiers of the Northwest Territories and Nunavut – R.J. Simpson and John Main – presented Arctic infrastructure projects, including four major ventures in Nunavut (the Grays Bay road and port, Kivalliq Hydro‑Fibre Link, an Iqaluit hydroelectric generator, and a deep‑sea port at Qikiqtarjuaq). Prime Minister Mark Carney announced a $1 trillion investment goal over the next five years to attract global investors.
Nunavut Premier John Main, at Toronto’s Canada Investment Summit, pitched four large infrastructure projects—including a new road and port at Grays Bay, a hydro‑fibre link in Kivalliq, a hydroelectric generator for Iqaluit, and a deep‑sea port at Qikiqtarjuaq—to global investors as Canada’s federal government seeks $1 trillion in new investment over five years.
After a Toronto investment summit, NWT officials highlighted a surge in investor interest and announced plans for major projects like the Arctic Economic and Security Corridor, signaling the territory’s readiness to drive Arctic infrastructure and resource development.
