Interventions in Committee
 
 
 
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View Hunter Tootoo Profile
Ind. (NU)
Thank you.
Mr. Campbell, you said you were recently up in my hometown of Rankin Inlet. The folks from Agnico Eagle were here presenting before the committee, along with—at a different time—the Kivalliq Inuit Association. One of the projects that they're looking at moving forward is the Manitoba-Kivalliq hydro and fibre project. One of the challenges was being able to attract some private sector investment. They've indicated that they have that. I'm just wondering if that's something that's moving along through either of your processes to be considered.
View Hunter Tootoo Profile
Ind. (NU)
Thanks, Mike and Madam Chair.
I have a couple of things.
Maybe I'll start with you, Mike.
With regard to the support for the Kivalliq hydro and fibre link going north, KIA's David Ningeongan was here last week, appearing before us and pitching the project. You've been around a long time. I know that. We were both a lot younger in Churchill in those days.
The positive economic impact that a project like that would have, not only on the Kivalliq region, but also on Churchill and the communities along the line coming up in Manitoba....
View Hunter Tootoo Profile
Ind. (NU)
Thank you, Madam Chair.
Thank you, Mr. Rusnak.
Welcome, David.
David is from my hometown. This project he's presenting for us today was probably something that was being talked about when we were teenagers running around Rankin Inlet. That's how long it's been on the books.
Much as we heard earlier, there's a lack of infrastructure. This type of infrastructure will open up the northern region to considerable economic growth and economic development, and will help create and maintain a sustainable economy in the north.
This has been talked about for a long time, and I know your study is well under way. What are some of the key things right now that are critical to getting from where we are now to where we need to get to, to get over the finish line and be able to provide the region with cheap energy and fibre connection?
Thank you, Madam Chair.
View Hunter Tootoo Profile
Ind. (NU)
For that project it seems as though the stars are all aligning and everything is taking shape where you're having private sector investment plus industry, as they are already operating and willing to contribute to the project as well.
In your comments you mentioned that what you have set up right now with them would help the federal government, with their support, to leverage a considerable amount of private sector funding.
Do you have an idea of what kinds of numbers we're looking at as far as how significant the private sector investment budget for this project would be?
View Hunter Tootoo Profile
Ind. (NU)
Okay. I know that's always been one barrier: Where's the support from the private sector, rather than not just relying 100% on the government?
Do you have a ballpark figure, like 40%, 50%, or 60%, or whatever it would be, that would come from the private sector, where a portion of the project funding from the federal government would be leveraged from the private sector?
Thank you.
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