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During the recent Prospectors & Developers Association of Canada 2025 Convention, the Minister of Crown-Indigenous Relations and Northern Affairs announced a federal investment of up to $420,000 to the governments of Yukon, Northwest Territories and Nunavut to support a three-year project to strengthen the growth of the mining sector in the North.<\/p>\n\n\n\n
Through this investment, the Government of Canada, through the Canadian Northern Economic Development Agency, is enabling the territorial governments to draw more domestic and foreign investors to the responsibly sourced resource and critical minerals sector in the North.<\/p>\n\n\n\n
\n\u201cMining remains a cornerstone of economic and community development in the North. By supporting projects that attract a variety of investors, we can secure the future of mining across the territories,\u201d said Gary Anandasangaree, Minister of Crown-Indigenous Relations and Northern Affairs.<\/p>\n<\/blockquote>\n\n\n\n
\u201cProjects like this ensure we can continue to promote this vital sector for the prosperity of the North, while also advancing the development of strategic critical minerals for all of Canada.\u201d<\/p>\n\n\n\n
The project is a pan-territorial initiative organized by the governments of Yukon, Northwest Territories and Nunavut. The territorial governments are securing remaining funds for a total of $630,000.<\/p>\n\n\n\n