The mining newspaper for Alaska and Canada's North

Weak metals prices limit growth in Canada's territories

The Conference Board of Canada Feb. 24 said declining metal and mineral prices, rising global inventories of most mining commodities and easing growth in the Chinese economy will weigh on the economies of Canada's territories in 2016.

Nunavut and Yukon are expected to see positive but modest growth this year, but the economy of the Northwest Territories will remain virtually flat, according to the...

 

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