The road to Nunavut

About $800 million was invested in oil and gas exploration in the North American Arctic during the 1960s-80s. However, the question of who owned that land and its resources created a great deal of uncertainty in the oil industry that persists even today. As more exploration gets under way in arctic areas, it is more important than ever to settle that question. Negotiations with a number of native groups have been settled or are under way.Although Canada's federal government manages Canadian oil and gas development north of 60° N latitude, land claims by native peoples, the Inuit of the Northwest Territories, Alaska, Labrador, and Quebec, have been in negotiation since the 1960s.In...

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