Special Edition: Chinese Investment in Canada’s North

Welcome to Uncharted, an Arctic360 series about the impact of COVID-19 on the North American Arctic. All summer long we’re talking to the people who live, work and govern the Arctic, to understand how we move forward from this moment in history. 

In late June 2020, in the midst of the COVID-19 pandemic, TMAC’s shareholders voted in favour of the company’s sale to the second-largest gold mine company in China, state-owned Shandong Gold Mining Co. (“SD Gold”).

China sees COVID-19 as presenting an opportunity to buy strategic assets in Canada and around the world. This week Jessica Shadian and I examine whether this moment can also be an opportunity for Canada to think seriously about the strategic importance of its mining economy, its North, and the potential relevance of both in charting a new course for Canada’s deteriorating relations with China.

Originally published as an op-ed in Policy Options, rather than question the risks of investing, we question the risks for Canada by not investing in its North:

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