Nunavut

Key figures

Withheld in the free surface

• Market narrative

Full detail withheld: 1 field. In the Canada edition · See a fully open example

• Steensby railway certificate (3)
• Grays bay road and port (3)
• Kivalliq hydro fibre link (3)
• Excluded ntcf items (3)

Full detail withheld: 4 fields. In the Canada edition · See a fully open example

Sources

• ● Baffinland Iron Mines Corporation · Baffinland Confirms Debtor in Possession Financing with EDC (30 June 2026): the debtor-in-possession financing provided by Export Development Canada 'will remain in place following an agreement among the Company and its secured lenders and Court approval.' References a 15 May 2026 press release 'regarding commencing proceedings under the Companies' Creditors Arrangement Act (CCAA)'; the Company 'is currently operating under the protection of a stay of proceedings under the CCAA' while it evaluates 'a recapitalization or potential sale.' States: 'Baffinland continues to operate in the normal course at the Mary River Mine and Milne Port,' with preparations for the 2026 sea-lift and shipping season progressing as planned. (published 2026-06-30 · checked 2026-09-22)
• ● Baffinland Iron Mines Corporation · Steensby Railway -- About the Project: "The Steensby Railway was approved by the Nunavut Impact Review Board in 2012 to transport iron ore from the Mary River Mine site to the Steensby Port." Project components: "149-km mainline track, three mainline passing loops, arrival and departure tracks at Steensby Port and the Mine Site," "two tunnels of approximately 1,000 m and 300 m lengths, each," "Approximately 42 bridges and at least 258 culverts," locomotives and rail cars, ore and freight loading/unloading facilities, railway maintenance buildings and yard at Steensby Port. "Baffinland submitted an application to the Canadian Transportation Agency (CTA), seeking approval to construct a railway line, pursuant to section 98 of the Canada Transportation Act ... of approximately 149 kilometers in length." (published 2026 · checked 2026-09-22)
• ● Baffinland Iron Mines Corporation · Steensby Railway -- History: "The Mary River Project was approved by the Minister of Northern Affairs and the NIRB issued Project Certificate No. 005 on December 28, 2012. The Project Certificate authorizes Baffinland to proceed with the Mary River Project, including mining iron ore at the Mary River Mine, and the year-round transportation and shipping of that iron ore to market, via the Steensby Railway, the Steensby Port, and a southern shipping route from Steensby Port through the Foxe Basin to the world market." An Early Revenue Phase amendment in 2014 added interim trucking and shipping via Milne Inlet, the route Baffinland has used since the mine entered production in 2015; the Steensby Railway itself has not been built. (published 2026 · checked 2026-09-22)
• ● Canadian Transportation Agency · Baffinland Iron Mines Corporation - Certificate of Fitness (Certificate Number 25001, dated 4 December 2025): "This certificate authorizes Baffinland Iron Mines Corporation (Baffinland) to construct the Steensby Railway, between the Mary River Mine and Steensby Inlet, located on Baffin Island, Nunavut." Baffinland is authorised to undertake earthworks, bridge and culvert installation, tunnel works, rail superstructures, and rolling stock delivery. "Baffinland is not permitted to operate the railway line to transport workers or construction crews during the construction phase. Further, Baffinland is not permitted to conduct any testing or commissioning of the railway line during the construction phase." The certificate remains valid until 4 December 2030. (published 2025-12-04 · checked 2026-09-22)
• ● Canadian Transportation Agency · Federal Railway Companies -- the Agency's full register of companies holding, or formerly holding, a certificate of fitness: "A railway under the legislative authority of Parliament is one that holds a valid certificate of fitness." The register lists 36 entries; the only one based in or serving Nunavut is Baffinland Iron Mines Corporation (Certificate of Fitness 25001, issued 2025-12-04, Railway Status Active, Railway Type Freight-Carrying/Hosting). Hudson Bay Railway Corporation also appears (Certificate 96006-3, issued 2026-05-29, Active) as the certificated operator of the Manitoba line into Churchill; no Nunavut entry is linked to it. (published 2026 · checked 2026-09-22)
• ● Canadian Transportation Agency · Rail Transportation -- the Agency's own statement of its role: issuing the certificate of fitness needed to construct or operate a federal freight or passenger railway; monitoring federal railway companies for required liability insurance; making and enforcing railway regulations; approving railway line construction. (published 2026 · checked 2026-09-22)
• ● Government of Nunavut · Department of Community Services -- department page: "The Department of Community Services was created in 2025 under the sixth mandate of the Government of Nunavut. The role of the department is to support the participation of the people of the territory in the development and growth of the Nunavut economy." (published 2026 · checked 2026-09-22)
• ● Government of Nunavut · Site search for 'rail' -- returns 85 results; the first page of results and a further sample are entirely trail-related pages (Tuktu Trails, Ittijjagiaq Trail conditions and similar), a false match on 'trail'. No result is about a railway. (published 2026 · checked 2026-09-22)
• ● Government of Nunavut · Government of Nunavut Request for Tenders/Proposals -- the territory's public tender-notice list: "This list consists of those Tenders/RFPs that were reported to the Department of Community & Government Services, and may not be a complete list of all Government of Nunavut Tenders/RFPs." The current open list carries office supplies, air charter, building and utility contracts (including Qulliq Energy Corporation and Nunavut Housing Corporation notices); none is rail-related. (published 2026-09-21 · checked 2026-09-22)
• ● Government of Nunavut · Department of Transportation and Infrastructure Nunavut (TIN) -- department page: "TIN manages the planning, construction, and maintenance of public infrastructure, including airports, marine facilities, roads, and Government of Nunavut buildings. The department also provides central services to government departments and agencies, including procurement, sealift logistics, information technology, records management, and property and asset management." Through its Petroleum Products division, TIN 'oversees the bulk fuel resupply system, fuel storage infrastructure, and local delivery contracts.' No railway is named anywhere on the page. (published 2026 · checked 2026-09-22)
• ● Kitikmeot Inuit Association · Kitikmeot Inuit Association Acting President's Speech to the Prime Minister (18 March 2025): "We are a big supporter of the Grays Bay Road and Port Project, we believe this project can open vast mineral deposits, including base metals and critical minerals. Having access to a road and port will allow projects in that area to become economically viable." No rail component is named. (published 2025-03-18 · checked 2026-09-22)
• ● Nukik Corporation · Kivalliq Hydro-Fibre Link -- proponent's own project page: "This 1,200 km line from Manitoba to Nunavut will replace costly diesel with clean, renewable power, bring high-speed internet to remote communities, and create lasting jobs and opportunities for Inuit and future generations." Project specification counters on the page show 150 (MW, renewable power from Manitoba to Nunavut) and 1,200 (km, linear infrastructure across remote terrain). No rail component is named. (published 2026 · checked 2026-09-22)
• ● Nukik Corporation · Nukik Corporation Welcomes the MOU Signing Between the Governments of Nunavut and Manitoba (8 July 2026): a Memorandum of Understanding between the Governments of Manitoba and Nunavut 'reaffirms Manitoba's commitment to provide 50 megawatts of firm electric capacity to the project.' The MOU 'builds on years of collaboration among the Governments of Nunavut and Manitoba, Nunavut Tunngavik Inc. (NTI), the Kivalliq Inuit Association (KIA), and Nukik Corporation.' (published 2026-07-08 · checked 2026-09-22)
• ● Transport Canada · List of Canada Port Authorities -- the table 'Canada Port Authorities by province' lists entries for British Columbia, Ontario, Quebec, New Brunswick, Nova Scotia and Newfoundland and Labrador only; no territory, including Nunavut, appears as a heading and no Nunavut-based Canada Port Authority is named. (published 2020-09-04 · checked 2026-09-22)
• ● Transport Canada · Projects funded by the National Trade Corridors Fund -- Nunavut entries include "Grays Bay Road and Port Project: Phase 1," buyer Kitikmeot Inuit Association (KIA), $21,600,000, described as "Initiating the construction of the Grays Bay Road and Port Project, a 230 km all-season connecting road," plus performing an environmental assessment and geotechnical investigations, preparing the final design, and securing regulatory permits; "Kivaliq Trade Corridor," Government of Nunavut, $4,500,000, an environmental assessment for all-weather road corridors between neighbouring Kivalliq communities (a separate road scheme from the Kivalliq Hydro-Fibre Link); "Project to Establish a Deep-Water Port in the Hamlet of Qikiqtarjuaq," Government of Nunavut, $40,000,000, a new deep-water port to support the Davis Strait and Baffin Bay offshore fishing industry; "Replacement of Air Terminal Buildings," Government of Nunavut, $34,700,000; "Rankin Inlet Airport Terminal Building Expansion," Government of Nunavut, $45,500,000; "Mobile Equipment Shelters and Cargo Facilities for Seven Nunavut Airports," Department of Economic Development and Transportation, Government of Nunavut, $30,000,000; and further airport and airside projects for First Air Operations and Calm Air International LP. No entry for Nunavut in the funded-projects table is a railway. (published 2026 · checked 2026-09-22)
• ● Transport Canada · List of ports owned by Transport Canada -- the remote, local/regional and public-port tables cover British Columbia, Manitoba, Quebec, Alberta, Ontario, Newfoundland and Labrador and Nova Scotia; no Nunavut entry appears in any of the three tables, and no mention of rail appears anywhere on the page. (published 2025-10-06 · checked 2026-09-22)
• ● West Kitikmeot Resources Corp · Grays Bay Road and Port Project -- proponent's own project page: "WKR is the proponent and developer of the Grays Bay Road and Port (GBRP) Project." "The Kitikmeot Inuit Association (KIA) has been the proponent developing the GBRP project since 2018. In 2019, Canada entered into a $21.6 million Contribution Agreement with KIA from the National Trade Corridors Fund (NTCF) to advance GBPR Phase 1 to shovel-ready status. In 2023, Canada, KIA, and WKR completed a Novation and Assignment Agreement, which transfers the proponent responsibilities for GBRP, and the NTCF Contribution Agreement, to WKR." "In 2024, the Canada Infrastructure Bank provided a $3 million loan to support GBRP development, matching private funding. The Government of Nunavut has also supported the project through CESP and SIP grants." "The project includes a 230 km road which will connect to Contwoyto Lake, the northern terminus of the Tibbitt to Contwoyto Winter Road." No rail component is named anywhere on the page. (published 2026 · checked 2026-09-22)