Mining companies and investors
- You would need to follow new federal regulations for acquiring mining rights that require consent from directly affected Inuit and other Indigenous peoples (Bill, s.12(a)).
- Regulations may also set royalty rules tied to these mining rights (Bill, s.12).
- You would need to address protection and compensation for surface rights holders as required by the regulations (Bill, s.12(b)).
- Project timelines and costs would depend on the consent and compensation processes defined in the regulations (Bill, s.12).
Surface rights holders (e.g., land lessees or owners of surface access)
- Regulations must include protections for your interests and provide for compensation if mining affects your surface rights (Bill, s.12(b)).
- How compensation is calculated and paid will be defined in the regulations (Bill, s.12).
Territorial residents and workers
- The bill could change when and how mining projects proceed on territorial lands by adding consent and compensation steps to the acquisition process (Bill, s.12).
- Job and contracting opportunities may depend on how quickly consent and compensation agreements are reached under the regulations. Data unavailable.
Federal and territorial regulators
- Federal Cabinet would write and enforce the regulations for acquiring mining rights and royalties on territorial lands, subject to the consent and protection requirements (Bill, s.12).
- Coordination with existing permitting and land management systems would depend on regulatory design. Data unavailable.