Infrastructure improvements could increase annual GDP of northern territories by $4.7-billion: report
By Marco VigliottiApr. 9, 2018
'For the Yukon and Northwest Territories, and for Nunavut, you’re getting pretty significant GDP gains if we improve that quality of [infrastructure] transportation,' says report co-author Professor Kent Fellows.
University of Calgary Professor Kent Fellows, pictured in Ottawa at a press conference on March 27, says infrastructure improvements can lower the cost of living in the north by 'reducing the cost of imports,' while also increasing economic activity by making exports 'more efficient.' The Hill Times photograph by Andrew Meade
Upgrading trade-enabling infrastructure in Canada’s northern territories could add billions each year to the national economy, says a new report from the University of Calgary.
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