Canada’s Budget commitment to the North seen as positive for mining

Canada’s North, where the future of the country’s mining industry lies, has received a boost in Tuesday’s federal government Budget, with a commitment of more than C$700-million over the next ten years in new and focused funding for Arctic communities.

The Budget increased the allocation of the National Trade Corridors Fund to northern regions by C$400-million over eight years, starting in 2020/21, to a total of C$800-million to support infrastructure development.