New project exploring business potential in Canada’s remote communities
Data to identify opportunities, best practices
Mining & Resources
The project will look at how to strengthen remote community economies and businesses’ investment decisions there.
“The ideas that this project will generate aren’t going to determine whether Canada’s remote communities thrive or fail in the future: there is no end of evidence that many of Canada’s remote communities are well positioned in the changing world economy,” said Elyse Allan, GE president and CEO.
Instead, the project will provide a “business lens” on the economic opportunities, challenges, best practices and investment intentions in those regions.
GE Canada is conducting a series of cross-country roundtables over the next two months to generate a dialogue between Canada’s remote communities, business leaders and government to discuss opportunities and barriers to entry in these communities.
The Canadian Chamber will incorporate the outcomes of the initiative into a policy paper to be launched later this year.
Most of Canada’s oil and natural gas, metals and minerals, forests and hydroelectric sites, and other untapped resources are located in remote areas.