Harnessing Investment in the North American Arctic: 
Challenges and Opportunities 

13 February – 15 February 2018
University of Toronto, Trinity Campus
Toronto, ON Canada 

The global geopolitics and economics of the Arctic is undergoing intense transformation. Despite global attention to the opening of a new blue ocean and the possibilities of a host of new resource development, up to now, infrastructure from roads, to housing, ports, SAR, fibre optic cable and other necessary components of a vibrant economy have been unevenly developed throughout the Arctic at best if not lacking in its entirety. The successful growth of the emerging North American economy requires insightful pan- Arctic thinking. It also requires new theoretical and applied economic approaches toward harnessing and carrying out investment in the region. Central to that success is the active and informed role of northern stakeholders, northern decision-makers, northern rights holders, and northern business leaders in determining the future of the region. 

It is with this foundation that Arctic 360 in collaboration with the Bill Graham Centre for Contemporary History, the Munk School of Global Affairs, Trinity College, University of Toronto and the Wilson Center’s Polar Initiative, D.C. will host the opportunity for leading minds and players in the financial sector to discuss ways forward for successful Arctic investment and development.  


Day One – 13 February 

14:00 – 17:45 Indigenous and Northern Affairs in collaboration with Arctic 360 Pre-Conference Workshop: Indigenous and Northern Affairs Round Table: Arctic Infrastructure Investment and the new Arctic Policy Framework. Sponsored by Foglers
Venue: Foglers, 77 King St W #3000  

18:00 RBC sponsored Pre-Conference Dinner and Fireside Chat (Invitation Only) 
Venue: The Faculty Club, 41 Willcocks St, Toronto 

Keynote Address: Honourable David Zimmer, Minister of Indigenous Relations and Reconciliation, ON 

Questions with Honourable David de Launay, Deputy Minister of Northern Development and Mines  

Fireside Chat with Danielle Bochove, Business Journalist, Bloomberg News and Hugh Short, CEO, Pt. Capital   


Day Two – 14 February  

08:00 Doors Open (Sponsored by Indigenous and Northern Affairs Canada and Bill Graham Centre for Contemporary International History)  
Venue: Seeley Hall, Trinity College, 6 Hoskin Avenue

08:00- 08:45 Continental Breakfast 

08:40 Opening Remarks: 

Jessica Shadian, Director, Arctic 360 and Distinguished Senior Fellow, Bill Graham Centre for Contemporary International History, University of Toronto 

Mike Sfraga, Director, Polar Initiative, Wilson Center, DC; Board of Directors Co-Chair, Arctic 360 

Alice Rogoff, Publisher, ArcticToday, Chair of Board, Arctic Circle; Board of Directors, Arctic 360  

Inuuteq Holm Olsen, Minister Plenipotentiary and Head of Representation (for the US and Canada) at the Greenland Representation at the Danish Embassy in Washington, D.C. 


09:20 – 10:45 Panel I: Setting the stage: Challenges and Opportunities for an emerging North American Arctic Economy 

Chair: Doug Turnbull, Vice-Chairman & Country Head Canada, DBRS 

Madeleine Redfern Mayor of Iqaluit, Nunavut  

Mead Treadwell, President, Pt. Capital  


10:50 – 11:15 Coffee Break 


11:15 – 12:45 Panel II: Paying for Infrastructure: Public/Private Partnerships and Attracting Global Capital 

What models are needed for Public/Private partnerships to work best for the North American Arctic? What can we learn from models used in developing countries and emerging markets elsewhere in the world?  

Chair: Dr. Janet King, President, Canadian Northern Economic Development Agency 

Catherine Deluz, Senior Vice President, Global Infrastructure Finance, Moody’s  

Mark Romoff, President and CEO, The Canadian Council for Public-Private Partnerships 

Doug Turnbull, Vice-Chairman & Country Head Canada, DBRS 

Hugh Short, CEO, Pt. Capital 


12:45 – 14:15 Lunch  

Keynote Address: Stephen Van Dine, Assistant Deputy Minister, Northern Affairs Organization, Indigenous and Northern Affairs Canada  

14:30 – 16:00 Panel III: Indigenous Corporations and Northern Investment: Carving out a new path for public/private investment 

What role do indigenous corporations and financial institutions play in public/private partnerships? What more can be done to help attract necessary additional capital? What are the greatest challenges? Possible solutions?  

Chair: David Sharpe, CEO, Bridging Finance  

Clint Davis, Partner and Managing Director, Acasta Capital Indigenous 

Harry Flaherty, President and CEO, Qikiqtaaluk Corporation, Iqaluit  

Scott Northey, COO, Nunavut Resource Corporation 


16:00- 17:30 Panel IV: The Role of Financial Institutions: Finding new tools to attract venture capital, private equity, pension plans 

What role can and should financial institutions play in helping to shape the conversation and in contributing to creating effective economic models for Arctic investment? What kind of strategies should governments use to better attract capital for infrastructure investment? Can recycling capital play a role in helping to offset this imbalance?   

Chair: John Stackhouse, Senior Vice-President, RBC  

Glenn Campbell, Assistant Deputy Minister, Infrastructure Canada 

Mike Woollatt, CEO, The Canadian Venture Capital and Private Equity Association  

Gregory Smith, President and CEO, InstarAGF 

Jacques Demers, Chairman & Managing Partner, AGAWA Partners Inc. 

Darrell Beaulieu, CEO, Denendeh Investments Incorporated 


17:30 Wrap-Up 


17:30 – 19:30 DBRS Sponsored Arctic 360 Kick-Off Reception  

Venue: Rowell Room, University Of Toronto Faculty Of Law, 78 Queen's Park 

Mayo Moran, Provost and Vice-Chancellor of Trinity College: Introduction for Honourable Bill Graham 

Honourable Bill Graham, Former Minister of Foreign Affairs, Canada: Introduction to Yvonne Jones, Honourable Parliamentary Secretary to the Minister of Crown-Indigenous Relations and Northern Affairs:  

Keynote Address: Yvonne Jones, Honourable Parliamentary Secretary to the Minister of Crown-Indigenous Relations and Northern Affairs 

Dr. Jessica Shadian, Director Arctic 360 and Dr. Mike Sfraga, Director, Polar Initiative, Wilson Center, D.C. 


Day Three – 15 February  

08:00 Doors Open  

Venue: Seeley Hall, Trinity College, 6 Hoskin Avenue 


08:00-08:45 Continental Breakfast 


08:45 Opening Remarks  

Randall Hansen, Director, Munk School of Global Affairs, University of Toronto 

Honourable Bill Graham, Former Minister of Foreign Affairs, Canada 

Mayo Moran, Provost and Vice-Chancellor of Trinity College 


09:30 – 11:00 Panel II: Green Technology and the Emerging Arctic Mining Economy 

How can the Arctic win the rush for Colbalt, gold, nickel, rare earth’s and other minerals that are driving the future of renewable energies? What are the challenges inhibiting the North American Arctic mining industry to become a global leader?  What advantages does the region have to attract global investment in Arctic mining and how can the region best promote those advantages at the global level?     

Chair: Adam Chamberlain, Partner, Gowling WLG 

Robin E. Goad, President and CEO, Fortune Minerals  

James D. Nasso, Chairman, Agnico Eagle Mines LTD  

Brendan Bell, Former CEO, Dominion Diamonds 

Darrell Beaulieu, CEO, Denendeh Investments Incorporated 


11:00- 11:15 Coffee Break 


11:15 – 12:45 Panel III: Arctic Infrastructure - Conventional 

What strategies are possible to harness private investment for Arctic infrastructure (e.g. multi-use, user pay)? What role should the Federal Government play in helping to attract capital? What role should state/provincial/territorial governments play in PPPs? What can government (Federal and state/provincial/territorial) do better to help attract private investment for infrastructure? What can we learn from recent infrastructure projects in the North American Arctic (e.g. broadband in Alaska, Inuvik-Tuktoyaktuk all-weather road)? 

Chair: Mead Treadwell, President, PT Capital 

Tim Stelzig, Federal Regulatory Attorney, GCI  

Stephen Lindley, Vice President responsible for Aboriginal &. Northern Affairs, SNC-Lavalin Inc.  

William Hjelholt, Vice President, Freight Rail, DR 

Stanley Anablak, President, Kitimeot Inuit Association 

Dominic Bea, Vice President of Project Finance, Guggenheim Partners 


12:45- 14:00 Lunch 

Keynote Address: Brendan Bell, Former CEO, Dominion Diamonds: ‘Closing the Gap: Addressing Canada’s Northern Infrastructure Deficit’ 


14:00 – 15:30 Panel III: Arctic Infrastructure – Non-Conventional  

What role can the tech industry play in helping to attract capital investment for telecommunications infrastructure in the North American Arctic? What should be the role of emerging and future technologies in replacing conventional infrastructure investment in the North (e.g. Solar Ship, Project Loon)? Are they best understood as a compliment to conventional infrastructure or the future face of infrastructure?  

Chair: Clint Davis, Partner and Managing Director, Acasta Capital Indigenous 

Jay Godsall, President, Solar Ship  

Elie Mouzon, Chief Strategy Officer, Intelex Technologies  

Madeleine Redfern, Mayor Iqaluit 

Jacques Demers, Chairman & Managing Partner, AGAWA Partners Inc. 

15:30 – 16:00 Wrap Up