Michael McLeod, Member of Parliament for the Northwest Territories, announced an investment of $30 million for environmental planning and studies supporting the Slave Geological Province Corridor in the Northwest Territories.
Construction of all-season infrastructure to the Slave Geological Province Corridor has the potential to bring major economic development opportunities by reducing the costs of operating existing mines and future resource exploration and development activities. An all-weather corridor will be more resilient to the impacts of climate change, providing a safer and more reliable means of transportation.
The funding announced will support the following work:
- environmental and regulatory reviews for a road from Highway 4 to Lockhart Lake;
- planning road design and alignment from Highway 4 to the Nunavut Border; and
- planning studies for the Slave Geological Province Corridor to make this project shovel-ready.
This investment, from the Government of Canada’s National Trade Corridors Fund, is expected to create an estimated 400 jobs during the study.
“Transportation is a lifeline for Northern communities and for economic development in Canada’s Arctic. By finding ways to make our infrastructure more resilient, we are improving transportation safety, and reliability. The Government of Canada is pleased to support these important initiatives,” said Marc Garneau, Minister of Transport.
Projects in the North receiving funding are supporting transportation infrastructure such as ports, airports, all-season roads and bridges, and enhance safety, security, and economic and social development in Canada’s three territories.