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Nunavut mining firms get some rent relief from Ottawa – Nunatsiaq News

Chamber of mines “grateful” for federal help

14 August 2020

The federal government will provide some relief to cash-strapped mining firms who might be about to fall behind on mineral lease payments for Crown lands in Nunavut, Northern Affairs Minister Dan Vandal announced yesterday.

The Northern Affairs department says this is to prevent companies that hold Nunavut mineral leases from defaulting on the rent money they owe to their federal landlord.

“Hopefully, the companies will get through this difficult time, and hopefully there’s an end in sight to this pandemic,” Vandal told Nunatsiaq News.

Vandal also said the federal government “appreciates” the efforts Nunavut mine operators have made to accommodate Nunavut workers after the pandemic tore through Canada last March and April.

Read More: https://nunatsiaq.com/stories/article/nunavut-mining-firms-get-some-rent-relief-from-ottawa/

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