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Eye on the Arctic

Eye on the Arctic

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Business

UPM's strategy of selling forests to international invstors is attracting German buyers -- who havea tradition of investing in forestry. (Tommi Parkkinen / Yle)
Business Finland 

Finnish forests attract foreign buyers – mostly Germans

Yle News
Posted: Friday, February 28, 2014 at 12:18
0 Comments

Finnish forest products company UPM has been actively marketing tracts of forest in eastern Finland ranging in size from 500

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A large truck drives the Sahtu winter road. (Joanne Stassen/CBC)
Business Business (Canada) Canada Special Features 

Winter road restrictions criticized in Canada’s N.W.T.

CBC News
Posted: Friday, February 28, 2014 at 10:54
0 Comments

It’s an annual precaution on the Sahtu winter road, which runs through the heart of Canada’s Northwest Territories. When warmer

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One of the trucks about to head to Old Crow, Yukon, on the winter road. (CBC)
Business Business (Canada) Canada 

Winter road to open this week in Yukon’s Arctic

CBC News
Posted: Wednesday, February 26, 2014 at 12:41
1 Comment

The opening of the winter road to Old Crow, in Canada’s northwestern Yukon territory, is a few days behind schedule

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The fin whale taken in the North Atlantic is butchered. (CBC)
Business Business (Iceland) Iceland 

Endangered whale meat shipped from Iceland via Halifax

The Canadian Press
Posted: Monday, February 24, 2014 at 15:54 — Last Updated: Thursday, August 28, 2014 at 20:50
0 Comments

Environmentalists are pushing for stricter trade laws in Canada involving at-risk species after the recent shipment of fin whale meat

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Map of the four areas Rigzone identifies as important areas of Arctic oil and gas investment. Norway, Russian Arctic shelf, sub-Arctic Russia, and northeastern Canada.
Blog Business Russia Special Features 

Blog: Oil companies push ahead with plans in Russia and Canada while sidelined in the U.S.

Mia Bennett
Posted: Friday, February 21, 2014 at 13:53
2 Comments

Earlier this month, the Wall Street Journal reported that more crude oil is being sent by sea and inland waterways

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(The Canadian Press)
Business Business (Canada) Canada 

Exploration not new to reindeer reserve in North Canada: Arctic mayor

CBC News
Posted: Friday, February 21, 2014 at 13:21
0 Comments

The Mayor of Inuvik, a town in Canada’s Northwest Territories says he’s puzzled by all the attention a recent story

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Port Clarence is one of several sited being examined by the U.S. Army Corps of Engineers for a possible deepwater port serving the Arctic. An Oregon-based company says it has developed a business plan for constructing a port there. (Alaska Dispatch illustration)
Business Special Features USA 

Oregon mining company says it can build Arctic port for Alaska

Yereth Rosen, Alaska Dispatch News
Posted: Friday, February 21, 2014 at 12:25
0 Comments

Worried that the other nations are crushing the United States in the race for Arctic shipping and resource-extraction dominance because

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(Risto Degerman / Yle)
Business Finland 

Finland: Talvivaara “can’t afford” to invest more in nuclear power station

Yle News
Posted: Friday, February 21, 2014 at 11:51
0 Comments

The beleagured Finnish mining company says it will not pull out of the project to build the new Fennovoima nuclear

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With a new Alaska forecasts showing a decade more of declining North Slope oil production, Gov. Sean Parnell may be forced to admit defeat on his tax cutting effort to get 1 million barrels flowing through the trans-Alaska pipeline. (Stephen Nowers illustration / Alaska Dispatch)
Business USA 

Alaska battle heats up as years of oil decline predicted

Alex DeMarban, Alaska Dispatch News
Posted: Tuesday, February 18, 2014 at 12:25
0 Comments

With a new state forecast showing Alaska oil production falling to unprecedented lows in the coming decade, Democrats are calling

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(Aaron Jansen illustration / Alaska Dispatch)
Business USA 

Some Alaska industries increasingly staff out-of-state workers, report

Alex DeMarban, Alaska Dispatch News
Posted: Tuesday, February 11, 2014 at 15:36
0 Comments

It’s something that never fails to rile Alaskans — valuable in-state jobs going to Outsiders. More of those jobs are

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Finnish national airline Finnair reported a loss of 8.8 million euros in 2013. (Yle)
Business Finland 

Finnair descends into loss

Yle News
Posted: Tuesday, February 11, 2014 at 11:23
0 Comments

Finland’s national air carrier Finnair has declared a loss of nine million euros from its operations in 2013. One year

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Business Business (Canada) Canada 

Nunavut should turn growth into prosperity according to economic outlook

CBC News
Posted: Monday, February 10, 2014 at 15:24
0 Comments

According to the executive director of the Nunavut Economic Forum, the territory is attempting to turn growth into prosperity. The

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(Sini Salmirinne / Yle )
Business Finland 

Finland: Cameco announces reduced valuation of Talvivaara asset

Yle News
Posted: Monday, February 10, 2014 at 11:17
0 Comments

Canadian uranium producer Cameco has announced a 70 million USD write-down of its Talvivaara asset due to the mining company’s

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A man walks to an Eurocopter's EC225 helicopter. ( Gerard Julien / AFP)
Blog Business Denmark/Greenland 

Blog: Air Greenland nixes helicopter order

Eilís Quinn, Eye on the Arctic @arctic_eq
Posted: Friday, February 7, 2014 at 15:42
0 Comments

Earlier this week, we looked at some stories about how the reality of drilling in the Arctic wasn’t necessarily living

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Passengers exit an Air Greenland Dash 8 after arrival at the Iqaluit airport from Nuuk in 2012. The summer flights between the two cities resume this year on June 13. (CBC.ca)
Business Denmark/Greenland 

Air Greenland plans another summer of Iqaluit-Nuuk flights

CBC News
Posted: Wednesday, February 5, 2014 at 15:42
0 Comments

Air Greenland says tourists, not oil or mining companies, are keeping its route alive between Iqaluit and Nuuk. The airline

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Feature

Wide shot of the Centennial Flame with the Parliament building behind
The Parliament of Canada is the federal legislature of Canada, seated at Parliament Hill in Ottawa, and is composed of three parts: the Monarch, the Senate, and the House of Commons. Photo: La Presse canadienne / Adrian Wyld

Inuit push for land protection with focus on social economy

In Taloyoak, Nunavut, the northernmost hamlet on mainland Canada, Inuit are working to conserve their territory and set up a community-driven, land-based economy. Photo : Eilís Quinn

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