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Peregrine Diamonds Ltd. PGDIF

"Peregrine Diamonds Ltd is a diamond exploration and development company with interests in diamond exploration properties located at Nunavut and the Northwest Territories in Canada and The Republic of Botswana."


GREY:PGDIF - Post by User

Comment by maintenance1on Jul 15, 2016 10:36am
100 Views
Post# 25055682

RE:RE:All season road

RE:RE:All season roadQuebec’s own source revenue was $71 billion
Nunavut’s own source revenue was $121 million
(Statscan 2009)

There will be very little contribution from the government of Nunavut. Any substantial contribution would have to come from the feds. Any power development would be funded federally as well. Nunavut simply does not have the tax base.

As much as Nunavut would like to support a diamond company, the revenue is not there without the feds footing the bill.
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