The two levels of government are providing millions of dollars of funding for the project.
At a new conference Tuesday morning, the federal government announced it’s providing up to $34.5 million in the form of a mortgage, while the territorial government is kicking in approximately $4.5 million. The City of Whitehorse is providing a $500,000 matching municipal grant.
The 84-unit Normandy Manor development will be built and operated by KBC developments, a local partnership of Ketza Construction, Borud
Enterprises and Northern Vision Development. The company is investing $25 million of its own money into the project.
The dignitaries participating in the news conference included Ahmed Hussen, federal minister of Families, Children and Social Development and minister responsible for Canada Mortgage and Housing Corp. (CMHC), along with the Pauline Frost, the territorial minister responsible for Yukon Housing Corp. (YHC), and Yukon MP Larry Bagnell.
New NORAD Warfare Strategies And Canada s Role In The Great Game Revisited zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.
Wed, 10 Feb 2021 20:06 UTC
As relations between the USA and Russia continue to fall ever deeper into the abyss, and as China s Belt and Road Initiative continues to evolve deep into the Eurasian Arctic via the Polar Silk Road, a new era of potential for cooperation as well as nuclear war awaits humanity. The decisions made over the coming months will determine which of those two opposing destinies are selected.
For the time being, things are looking bad.
On February 5, 2021 the Canadian press was lit abuzz with the headline NORAD Modernization to Dominate Agenda of Canada-U.S. Defence Relations citing various military think tanks and ivory tower game theorists who should be kept as far from any actual policy making circles if the world is going to survive beyond the coming decade.