Press Release
From: Natural Resources Canada
May 20, 2026
The Government of Canada is making strategic investments to advance Canada’s critical minerals potential, reinforce Arctic sovereignty and create long‑term economic prosperity for northern and Indigenous communities.
Today, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced more than $55 million in federal funding for two projects that will strengthen Arctic infrastructure, support export diversification and help build resilient Canadian minerals supply chains.
Through the First and Last Mile Fund, planning and preconstruction work for the West Kitikmeot Resources Corporation’s Grays Bay Road and Port project has been conditionally approved for up to $50 million. This funding will advance the proposed deepwater Arctic port at Grays Bay and a 230‑kilometre all‑season road, following the project’s referral to the Major Projects Office by Prime Minister Carney this March. The road would link the proposed deepwater Arctic port at Grays Bay and unlock future project development in zinc and copper.
Minister Hodgson also announced a $5-million investment in Glacies Technologies Inc. This investment will support a low‑emissions alternative to diesel for mine heating and ventilation, which could reduce emissions and cut costs at Northern mines. The project will pilot at B2Gold, a gold mine in the western Kitikmeot Region of Nunavut.
These investments build on the Government of Canada’s broader efforts, outlined in the 2026 Spring Economic Update, to advance nation-building infrastructure, strengthen critical minerals supply chains and invest in our Arctic security and sovereignty. As global demand for commodities rises and Arctic trade routes gain importance, our strategy and investments will ensure Canada remains a trusted, responsible mining superpower while delivering lasting benefits for communities from coast to coast to coast.
Other languages (Inuinnaqtun and Inuktitut) will be published once available.
Quotes
“After referring Grays Bay Road and Port to the Major Projects Office, we are now delivering on strategic investments to unlock its nation-building potential. This project will strengthen Canada’s Arctic sovereignty, unlock critical minerals, improve access and affordability for the region and create lasting prosperity for Northerners and Indigenous communities. That is what building Canada Strong looks like.”
The Honourable Tim Hodgson
Minister of Energy and Natural Resources
The Government of Canada and the Major Projects Office are accelerating projects and investments that drive economic growth, strengthen Arctic sovereignty and meet the critical minerals demands of tomorrow. By investing in Arctic infrastructure, we are strengthening critical minerals supply chains, creating economic opportunities and reinforcing Canada’s Arctic security and sovereignty for generations to come — ensuring Canada leads as a sustainable and trusted global mining powerhouse while delivering lasting benefits for Canadians.”
The Honourable Dominic LeBlanc
President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs, Internal Trade and One Canadian Economy
“Nunavut can meet the current political environment, and we must ensure that it is a sustained focus. This announcement means reducing diesel use to cut energy bills, creating skilled local jobs, and building energy systems that Inuit‑led companies will operate and maintain long after construction ends. That kind of capacity strengthens Nunavut for the long term and positions Northerners as leaders in Canada’s development, prosperity, and security.”
Lori Idlout
Member of Parliament for Nunavut
“Support from the First and Last Mile Fund ensures that the Grays Bay Road and Port Project will continue to move forward. This contribution from Natural Resources Canada will not only support critical minerals development in the West Kitikmeot Region but also create jobs and business opportunities in our communities and make land and marine transportation safer and more reliable. It reinforces Inuit and Canadian sovereignty over the Northwest Passage.”
David Omilgoitok
Co-chair, West Kitikmeot Resources Corp.
“We are grateful for the support of the Government of Canada to move forward with our pilot project at B2Gold Nunavut’s Goose Mine. Decarbonization at mine sites in Canada’s Arctic is a priority for responsible operators, like B2Gold Nunavut, and for the Government of Canada, and we are excited to be at the leading edge of decarbonization projects in Nunavut.”
Maxim Bergeron
President and CEO, Glacies Technologies Inc.
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Natural Resources Canada
Media Relations
343-292-6096
media@nrcan-rncan.gc.ca
Charlotte Power
Office of the Minister of Energy and Natural Resources
Charlotte.Power@nrcan-rncan.gc.ca
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