Canada Market

Northern Canada--Opportunities as Massive as the Arctic

Three distinct territories make up Canada ’s North, each with a unique history, government institutions, economic base and future prospects:

• Northwest Territories
• Nunavut
• Yukon Territory

From the dancing northern lights of the amazing aurora borealis to traditional Aboriginal northern dancers, the top half of Canada is a place of history, mystery and excitement. Inhabited for at least 10,000 years, Canada ’s oldest Aboriginal communities trace their roots to the land North of 60—a place of pristine beauty and abundant natural resources.

Contemporary Northern Canadians continue to capitalize on the wealth of rich resources offered by the massive northern landmass and three oceans that make up the world’s longest coastline. Canada’s North offers investments opportunities as vast and varied as the landscape—ranging from diamond mines to oil and gas, adventure- and eco-tourism, fashion, commercial fishing and Arctic shipping.

Huge areas of Canada’s North lie beneath the shallow seas of the Arctic continental shelf and within the Arctic archipelago, harbouring untapped resources that hold promise for the region’s future. Northern Canada is the site of one quarter of Canada 's remaining discovered petroleum and one half of the country's estimated potential. In March 2004, the federal government announced $90 million over five years to promote economic development throughout Canada ’s North.