Marine & Port · NU · #60 of 131 disclosed prospectus tickets

Grays Bay Road and Port

Summit deal plate Fast-track list (MPO) Building Canada Act listing

Deep-water Arctic port + 230 km road; FID 2028; MPO-referred Mar 2026; Building Canada Act listing decision targeted fall 2026

At a glance

Proponent
Kitikmeot Inuit Association / Nunavut
Capex (as printed)
US$850M
Capex (US$, midpoint)
US$850M
Stage
Advanced / FEED
Location
68.00°N, 110.50°W
Summit deal plate
Yes — in the 167-project prospectus pitched Sept 14–15 2026
Fast-track list
Yes — referred to the Major Projects Office; Building Canada Act listing decision targeted fall 2026
Project location and corridor alignment.

Modelled GDP contribution Modelled

Build 2028–2030 at 55% construction value-added, then 6% of capex per year operating. Peak US$156M/yr · cumulative 2026–40 US$952M.

US$0MUS$50MUS$100MUS$150M2026203020352040

Connectivity · nearest existing infrastructure

Straight-line distance from the project point to the nearest vertex of each network layer.

Railway818 km
Major highway1,339 km
Transmission ≥230 kV1,257 km
Pipeline1,185 km
PortTuktoyaktuk916 km
Generating stationSite C (1,100 MW)1,415 km
City >50kEdmonton1,614 km

Nearest other projects

Arctic Economic & Security CorridorTransportation536 km
NICO Cobalt-Gold-Bismuth-CopperMinerals & Metals569 km
Yellowknife Lithium + ConversionMinerals & Metals633 km
Nechalacho Basal Rare EarthMinerals & Metals663 km
True North GoldMinerals & Metals768 km

Also in Nunavut

Kivalliq Hydro-Fibre LinkAdvanced / FEEDUS$3.4B
Qik Port (Qikiqtarjuaq)Shovel-readyUS$350M
True North GoldShovel-readyUS$42M
Iqaluit Nukkiksautiit HydroEarly / conceptnot disclosed

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