Established in 1980, Northern Ontario Business provides Canadians and international investors with relevant, current and insightful editorial content and business news information about Ontario’s vibrant and resource-rich North. Ian Ross is the editor of Northern Ontario Business ianross@nob.on.ca.
The upcoming construction of a new Detroit-Windsor international bridge crossing may be grabbing all the headlines, but some Wall Street types and industrial movers and shakers think northwestern Ontario is the right place to deposit their capital.
The City of Thunder Bay and its economic development commission took home two awards in October for its mining presentation at the 4th annual North American Strategic Infrastructure Leadership Forum in Denver, Colo.
Steve Demmings, CEO of the Thunder Bay Community Economic Development Commission, and John Mason, mining services project manager, attended the Oct. 15-17 event to promote northwestern Ontario as a future infrastructure construction hot spot.
Their submission of a potential $80-billion stable of between nine and 13 mine projects in the region was enough to sway a jury of forum sponsors to pick Thunder Bay over four other nominated projects for the prestigious Strategic Project award.
“We received the award just prior to us doing our presentation,” said Mason, who filed their submission 10 days prior to the event. “Apparently, that’s the granddaddy of the awards and we were competing against an eclectic group.”