One of the most significant challenges in the Canadian
Arctic is lack of adequate and sufficient infrastructure. Infrastructure needs
include telecommunications, housing, community living
projects, access to natural resources and access to remote communities for
goods and services.
Danish, Greenlandic and Faroese companies are
well-positioned, both geographically and competency-wise, to accommodate some
of the many current and future projects in the Arctic and Northern regions of
Canada. The Canadian North often look to their closest neighbour (Greenland) for
inspiration on Arctic business solutions. Greenlandic, Faroese and Danish
companies with expertise, competencies and experience working in the Arctic are
therefore highly competitive on the Canadian Arctic market.
Investments in large infrastructure projects from the
Canadian government as well as private-public entities will drive future demand
for business solutions in the Arctic and the market potential is huge. The
Canadian Arctic represents 40% of Canada’s total landmass. Canada is the forth biggest market for natural resources in the world and a leading global producer of many critical minerals including those used in advanced battery technologies, such as cobalt, graphite and nickel. The minerals sector alone
contributed to 4% of total GDP in 2021. Coupled with a great need for
sustainable business solutions that favour new and innovative technologies, The Trade Council is well-positioned to support and assist companies from the Kingdom of
Denmark looking to enter the Canadian Arctic market.
Neighbours in the North
The Kingdom of Denmark and Canada have a longstanding history of collaboration in the Arctic and there are deep historical ties between the peoples of Nunavut and Greenland. With “Neighbors in the North”, we want to celebrate our shared history, culture, and values. We want to highlight the rich diversity of the peoples that transcend borders and generations. We want to raise awareness of the common challenges we face due to climate change and how working together best positions us to find sustainable solutions for the world and for the wellbeing of the millions of people living in the North. Finally, we want to inspire future generations to continue building bridges across the Arctic through education, exchange, and engagement.