{"id":4409,"date":"2026-03-24T18:12:46","date_gmt":"2026-03-24T18:12:46","guid":{"rendered":"https:\/\/www.worldpumpnews.com\/?p=4409"},"modified":"2026-03-24T18:12:46","modified_gmt":"2026-03-24T18:12:46","slug":"atco-investing-10m-in-company-building-nunavut-port-and-road-project","status":"publish","type":"post","link":"https:\/\/www.worldpumpnews.com\/?p=4409","title":{"rendered":"ATCO investing $10M in company building Nunavut port-and-road project"},"content":{"rendered":"<p><\/p>\n<div id=\"article-byline\">\n<div class=\"c-byline__text\">\n<p>\n\t\t\t\t<span>By Staff<\/span><br \/>\n\t\t\t\t<span class=\"c-byline__source c-byline__source--noName\"><br \/>\n\t\t\t\t\t\t\t\t\t\tThe Canadian Press<br \/>\n\t\t\t\t<\/span>\n\t\t\t<\/p>\n<div class=\"c-byline__datesWrapper\">\n<div class=\"c-byline__dates\">\n<p>\n\t\t\t\t\t<span>Posted March 24, 2026 2:06 pm<\/span>\n\t\t\t\t\t\t\t\t\t<\/p>\n<p>\n\t\t\t\t<strong>1 min read<\/strong>\n\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<div>\n<div class=\"l-article__details\" data-article-socialshare=\"true\">\n<div id=\"article-fontSizer\" class=\"c-fontSizer\">\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--decrease c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Decrease Font\" data-tooltip-title=\"Decrease text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Descrease article font size<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=03zxzk4qx#font-decrease\"\/>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<p>\n\t\t<button class=\"c-fontSizer__button c-fontSizer__button--increase c-button c-button--details c-button--mini\" data-trackable=\"true\" data-trackaction=\"Font Sizer Increase Font\" data-tooltip-title=\"Increase text size\"><br \/>\n\t\t\t<span class=\"sr-only\">Increase article font size<\/span><br \/>\n\t\t\t\t<svg class=\"c-icon  c-fontSizer__icon\" focusable=\"false\">\n\t\t<use xlink:href=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/assets\/dist\/icons\/out\/symbol\/svg\/sprite.symbol.svg?v=03zxzk4qx#font-increase\"\/>\n\t<\/svg><br \/>\n\t\t\t<\/button>\n\t<\/p>\n<\/div>\n<\/div>\n<article class=\"l-article__text js-story-text\" aria-label=\"Article text\">\n<p>ATCO Ltd. is taking on a 40 per cent ownership stake in an Inuit-led road-and-port project in Nunavut.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/d21y75miwcfqoq.cloudfront.net\/70c8fc80\" alt=\"\" style=\"position:absolute;width:1px;height:1px\" referrerpolicy=\"no-referrer-when-downgrade\"\/><\/p>\n<p>The Calgary-based company says it will provide about $10 million in a staged investment to West Kitikmeot Resources Corp.<\/p>\n<p>WKR is developing the Grays Bay Road and Port Project, which has been referred to the newly established federal major projects office.<\/p>\n<div class=\"c-inlineSignup\" data-newsletter-inline=\"\">\n<div class=\"c-inlineSignup__image\">\n\t\t\t\t\t<img decoding=\"async\" width=\"170\" height=\"225\" loading=\"lazy\" src=\"https:\/\/globalnews.ca\/wp-content\/themes\/shaw-globalnews\/images\/skyline\/money123.jpg\" alt=\"Get expert insights, Q&amp;A on markets, housing, inflation, and personal finance information delivered to you every Saturday.\"\/>\n\t\t\t\t<\/div>\n<div class=\"c-inlineSignup__content\">\n<h2 class=\"c-inlineSignup__title\">Get weekly money news<\/h2>\n<p>Get expert insights, Q&amp;A on markets, housing, inflation, and personal finance information delivered to you every Saturday.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p>The office was set up last year to speed infrastructure developments deemed to be in the national interest.<\/p>\n<p>The WKR project includes a new deepwater port on the Northwest Passage, a 230-kilometre all-season road connecting to the Northwest Territories boundary and a more than 1,800-metre airstrip.<\/p>\n<div class=\"c-tabs\">\n<p>\n\t\t\t<button role=\"tab\" class=\"c-tabs__tab c-tabs__tab--active\" type=\"button\">More on Money<\/button><br \/>\n\t\t\t<button role=\"tab\" class=\"c-tabs__tab\" type=\"button\">More videos<\/button>\n\t\t<\/p>\n<\/p><\/div>\n<p>The companies say the Grays Bay Road and Port project could have military and civilian uses, and would help create the first overland connection between Arctic Ocean deepwater and the North American highway system.<\/p>\n<\/article>\n<div class=\"l-article__copyright\">\n<p>\n\t\t&amp;copy 2026 The Canadian Press\t<\/p>\n<\/div><\/div>\n<p>#ATCO #investing #10M #company #building #Nunavut #portandroad #project<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Staff The Canadian Press Posted March 24, 2026 2:06 pm 1 min read Descrease article font size Increase article font size ATCO Ltd. is taking on a 40 per cent ownership stake in an Inuit-led road-and-port project in Nunavut. The Calgary-based company says it will provide about $10 million in a staged investment to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4410,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[4513,4510,23,60,1004,4509,1057,17,4511,4512,4514,149],"class_list":{"0":"post-4409","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-politics","8":"tag-10m","9":"tag-atco","10":"tag-building","11":"tag-canada","12":"tag-company","13":"tag-deepwater-port","14":"tag-investing","15":"tag-money","16":"tag-northwest-passage","17":"tag-nunavut","18":"tag-portandroad","19":"tag-project"},"_links":{"self":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts\/4409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4409"}],"version-history":[{"count":0,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/posts\/4409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=\/wp\/v2\/media\/4410"}],"wp:attachment":[{"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.worldpumpnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}