Skyscraper Ad

Marlin Travel

Sign -Driving Miss Daisy

Sign/Prestige Home Comfort


Big Box - Bill Martin's

Click here to see more
Community Calendar
Click here for full listings.
A number of roads are closed or have limited access today for the Thunder Bay Marathon. Do you believe hosting events such as the marathon are worth the occasional traffic disruption?

Total Votes: 432
View Results Past Polls
User Submitted Photo Gallery
Submit Your Own Photos
2014-05-26 at 16:45

KWG reveals homemade development plan moment before leader’s debate

By Matt Vis,
ENERGY 103 104Play Minute to Win it at 7:20 weekdays mornings with Kaile Jaggard and WIN! on your station for 80’s 90’s and Now…Energy 103 104 Click Here!

THUNDER BAY – One of the companies at the centre of the Ring of Fire has its own plan on how to spearhead development.

Prior to Monday’s Northern Leaders Debate, KWG Resources president Frank Smeenk held a news conference at the Valhalla Inn to reveal a plan to modify the Ontario Northland Transportation Commission into the promised development corporation for the mining project.

He said he has heard the federal government is favourable towards the idea of turning the transportation commission into a non-share capital corporation.

“I’m told they like the idea,” Smeenk said. “I think our Canadian government is probably taking a stand back to see how things play out…I would expect Ottawa would love using the capital markets to finance this kind of a thing rather than public debt.”

Smeenk proposes revitalizing the Ontario Northland Railroad as the provider of rail service to transport the yield of the Ring of Fire.

KWG had staked claims to a potential transportation route in advance of the implementation of the Far North Act. Smeenk said he also supported the proposal by Noront Resources to construct an east-west roadway.

The company drafted a document that could potentially be introduced as a legislative bill and said they will keep track of candidates who support the proposal.

Click here to submit a letter to the editor.

Click here to report a typo or error

Banner/Vector Construction


We've improved our comment system.
jimmyboy says:
Its like the Florida Everglades…up there 300 to 400 kms of super-saturated Florida Everglades type of topography. One billion dollars is nowhere enough money to build a railway or road.

In reality, it might be a decade before the Ontario Government is required to come up with that cash…if amount of 1 billion $$$ will not even come close to build a railroad.
5/26/2014 9:22:27 PM
The Badger Mountain Hermit says:
Why the mooching? 1 Bil is only the development cost of mebbe 2-3 average new mining operations.
5/27/2014 7:26:14 AM
Comments for this story are semi-moderated. Read our comment guideline.

Add a new comment.
You must log in to add comments.
Create a new account
Forgot password?
Log In