9:00 PM21:00

Low Impact Shipping Corridors Workshop

PURPOSE: The workshop will focus on mechanisms that will advance a safe and reliable marine shipping regime in the Arctic that is environmentally and culturally sensitive, meets the needs of Northern communities, and supports economic development in Canada’s North. 

BACKGROUND: Canada’s Arctic is experiencing unprecedented change. Climate change is reshaping the environmental, social, cultural, geopolitical, and economic landscape in the Arctic. Accompanying these changes is increasing attention to, and use of, the Arctic Ocean including the NW Passage as a means for shipping (whether for destination shipping, transarctic, for tourism or otherwise). It is expected that this interest and use of the passageway will only continue to increase going into the future. 

To that end, the Canadian Coast Guard, Transport Canada, and the Canadian Hydrographic Service are advancing the development of Northern Low-Impact Shipping Corridors in the Canadian Arctic, with funding provided under the Government of Canada’s Oceans Protection Plan. Working with Indigenous partners, provincial-territorial governments, other federal departments, and industry partners, the initiative aims to identify a government framework and priority areas to inform investment in infrastructure, programs, and services to ensure safer marine navigation while respecting the environment and its ecological and cultural significance.

 The broader Arctic and international sphere has also begun to address the need to find mechanism for safe Arctic navigation. Efforts and actions include the IMO (Polar Code) and the Arctic Council’s agreements for SAR and EPPR. Despite these efforts, there remains much greater cooperative opportunity to ensure the safety, security, and reliability of the North American Arctic Seaway.

 Recognizing this, a growing number of lawmakers in the United States and industry partners, are currently championing the creation of a binational Arctic Seaway Authority, based on the existing model of the St. Lawrence Seaway. Included in its aims to ensure safety, security, and reliability, the Mission Council on Arctic Shipping seeks to create a bi-national (or international) cooperation that would include vessel routing, tracking, and monitoring as well as a coordinated EPPR and SAR program to help prevent and respond to emergencies, and to provide local response capabilities. The Mission Council on Arctic Shipping is also looking towards building a tariff-based system to help contribute to much needed capital investment in marine safety, aids to navigation, spill prevention and response, and ports of refuge’.


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to Oct 21

Building a 21st Century Infrastructure System for the North American Arctic: A discussion on Public Private Partnerships

This breakout session brings together global financial institutions, Indigenous Development Corporations, and Northern government officials to discuss infrastructure investment in the North American Arctic. The plenary will be a moderated discussion focusing on what kinds of financial models are necessary to help address the North American Arctic Infrastructure gap. What kind of public-private partnerships are needed to help attract global capital to the North? What can we learn from recent public- private partnerships including the role that indigenous equity investment played or did not play in those partnerships? What challenges remain?

Conference Video Here.

Reykjavik Event Outline Here.

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to Feb 15

Harnessing Investment in the North American Arctic: Challenges and Opportunities

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 Arctic360 in collaboration with the Bill Graham Centre for Contemporary History, the Munk School of Global Affairs, 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.

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