Business

ATCO buys 40% stake in company behind Grays Bay project

West Kitikmeot Resources Corp. president calls deal 'huge step up' in credibility for raising money to build $1.2B road and port

A major construction and logistics company is paying $10 million for a 40 per cent control of the main proponent of the Grays Bay Road and Port project.  Calgary-based ATCO Ltd. announced its stake in West Kitikmeot Resources Corp. on Monday.

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ᖁᕐᓗᖅᑐᐊᕐᔪᕐᒥ ᖃᐅᔨᓴᖅᑕᐅᓂᖓ ᓇᓚᐅᑦᑖᕆᕗᖅ ᖁᕝᕙᕆᐊᖅᓯᕐᔪᐊᕐᓂᐅᔪᒥ ᓄᓇᕗᒻᒥ ᐊᕐᕌᒎᑉ ᐃᓗᐊᓂ ᓴᖅᑭᑎᑕᐅᕙᒃᑐᑦ ᑲᑎᓕᒫᕐᓗᒋᑦ

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Prowling for jobs in Iqaluit

Kayla Butler, a human resources adviser for Parks Canada, stares down a large polar bear skull during the first day of the two-day Pilimmaksaivik Career Fair on Thursday. It’s taking place at the Aqsarniit hotel in Iqaluit. More than 30 companies representing government, non-governmental organizations and private businesses are meeting with job seekers Thursday and Friday from 9 a.m. until 4 p.m. (Photo by Daron Letts)