could
play the role of intermediary and diplomatic bridge both for the benefit of its own citizens and the wellbeing of the world as a whole.
The arctic remains the world’s last frontier of human exploration. It is also a domain of great potential cooperation among great civilizations, or inversely a domain of militarism and confrontation.
In recent years, Russia and China have increasingly harmonized their foreign policies around the Framework unveiled by President Xi Jinping in 2013 dubbed the Belt and Road Initiative. Since its unveiling, this megaproject has grown in leaps and bounds winning over 136 nations, accruing $3.7 trillion of investment capital and evolving new components such as the “Digital Silk Road”, “Health Silk Road”, “Space Silk Road”, and of course the “Polar Silk Road”. In March 2021, the Polar Silk Road, first announced in 2018, was given a prominent role in the 2021-2025 Five Year Plan with a focus on Arctic shipping, resource develop
This is in addition to the $1.75 billion already promised by the federal government s November fiscal update, bringing the total to $2.75 billion by 2026. SARM is eager to see high-speed broadband in 98 per cent of the country by 2026, and 100 per cent by 2030, including rural Saskatchewan. SARM is also pleased with the proposed investment of $1.9 billion (over four years) to recapitalize the National Trade Corridors Fund. This funding could attract approximately $2.7 billion from private and other public sector partners, resulting in total investments of $4.6 billion and spurring investments in much-needed enhancements to our roads, rail, and shipping routes, building long-term resilience for the Canadian economy, and supporting internal trade.
N.W.T. finance minister, premier pleased with federal budgetÂ
Northern leaders are looking at what the 700-page proposed budget has in store for Northwest Territories communities. The N.W.T. premier says so far, she likes what she sees.Â
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Posted: Apr 25, 2021 5:00 AM CT | Last Updated: April 25
N.W.T. Premier Caroline Cochrane says so far, she likes what she sees when it comes to the new 700-page federal budget.(Walter Strong/CBC)
Northwest Territories politicians are still looking at what the 700-page, proposed budget offers the territory s communities, and the premier says so far, she s glad to see federal money going toward social and economic pandemic recovery.
April 21, 2021 | Budget 2021 and natural resources
Stewart Muir Stewart Muir is founder and executive director of the Resource Works Society, a Vancouver-based group open to participation by British Columbians from all walks of life who are concerned about their future economic opportunities. He is an author, journalist and historian with experience on three continents including a financial editor of The Vancouver Sun responsible for mining and markets coverage. Since Resource Works was established in 2014, the group has gained international recognition for its practical approach to the public challenges of responsible natural resource development and use.
From R&D to low emission fuels and national trade corridors, Budget 2021 means big things for natural resources, says Margareta Dovgal.
Possible incoming elections, record debt, business benefits and existing and new programs were among the topics of a BDO webinar earlier this week after