‘A good, independent grouping’

Having a firm like Deloitte in place is good news for the development, said the Ontario Prospectors Association’s Garry Clark.

“It's very important that the corporation is lead by Deloitte to be set up … they are independent,” he said.

The Ontario Prospectors and Developers Association's Garry Clark says Deloitte will be a solid, independent group that put together a well-balanced Ring of Fire Development Corporation. (Gord Ellis/CBC)

“And when they name the parties that sit on that corporation, there [will be] a good, independent grouping within that.”

Clark said one major challenge the Ring of Fire development now faces is the worldwide down turn in metal prices.

Gravelle said he was disappointed the Ring of Fire was not mentioned once in this week's federal budget, however, he noted discussions will continue with minister Greg Rickford about the need to have the federal government at the table.

Rickford is the federal minister of state for science and technology. Late Friday, his office issued a statement saying the budget reaffirmed the government's commitment to the Building Canada Plan. Rickford said he looks forward to the Ontario government "identifying its priority infrastructure projects...including those projects related to the Ring of Fire."

Rickford said Ottawa is also looking forward to learning the details of the proposed Ring of Fire development corporation....ARTICLE CONTINUES...

http://www.cbc.ca/news/canada/thunder-bay/deloitte-to-help-establish-ring-of-fire-development-corporation-1.2537643