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Canada’s federal government is studying the construction of a deep-water port on the country’s Arctic Ocean coast to create a new export corridor for natural gas, potash, canola and other commodities bound for Europe, according to people familiar with the plan. Officials say the proposed facility would open an alternative shipping route that bypasses congested southern gateways and reduces the nation’s reliance on U.S. markets, a long-standing objective of Ottawa. The project is still in the evaluation stage, and no cost estimate or timeline has been disclosed.
CIFR “more confident than ever” that Barber Lake remains one of the most compelling AI opportunities in the country and is in “advanced discussions” with multiple counterparties
Canada Eyes Arctic Ocean Port to Ship Gas, Commodities to Europe - looking hard at developing a remote northern port as a conduit for exporting natural gas, potash, canola and other commodities as the country tries to reduce its economic dependence on the US https://t.co/Nt1uDHE2oJ
#Canada Eyes Arctic Ocean Port to Ship Gas, Commodities to Europe https://t.co/1nGWo5C4WG
