Canada Eyes Arctic Projects to Ramp Up North’s Resource Potential

By Paul Vieira OTTAWA–Canada on Wednesday ramped up economic-development efforts in the Arctic, by indicating it is keen to back a proposed 500-mile highway through the north, and an export terminal designed to ship critical minerals abroad. The projects mark the latest step by Prime Minister Mark Carney’s Liberal government to accelerate infrastructure projects aimed at capitalizing on its natural resources, and the construction of new trade corridors to sell its goods to non-U.S. markets. The Carney-led government has also made economic development in the Arctic a priority, given its strategic importance and the potential military threat posed by Russian…