Sorin Dobircianu's Blog

Canada, Russia and the Arctic

October 25, 2015
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As global warming shrinks the polar ice caps and leaves Arctic waters open for longer stretches, the world is intensifying its focus on opportunities in the Arctic. The open waters are attracting the development of raw materials, tourism, fishing etc, thus establishing new ship traffic and creating additional demands.

The Arctic is still in its initial stages with regards to fulfilling its huge potential, and a lot of investments are needed to ensure that this is accomplished. However, the fall in the prices of oil & gas remains a challenge, along with sanctions, climate change and community perspective. Logistical obstacles and the lack of a supply chain are also key challenges halting operations in the region.

The booming activities in the Arctic are all very well but the fact remains that the area does not have the adequate experience or know-how to support it. The current infrastructure in place is not sufficient should the arctic prove to be as successful as everyone hopes or predictions suggest. In order to capitalize on the continued increase in traffic and development, it is essential that investments in vessels, marine navigation and inland infrastructure are made.

Corporate Parity aims to present  the platform to discuss the updates in various sectors within the Arctic between Canada and Russia. These are matters of great worldwide importance from both private and overseas community.

The updated perspective:

 Consists of a combination of case study from large multinational enterprises and governments – in order to maximize interaction as well as the effect of the unique & pivotal role of the above mentioned countries.

• Shipping & Polar Code • Mining & Minerals • Tourism • Fishery • Energy & Infrastructure • Oil & Gas • Community • Climate • Researchers • Government • Ship Builders/Design/ Ice Breakers/Safety • Consultants & Service Providers

To be continued:

• Future strategies of Canada, Russia and the USA

• Future endeavors of the US Arctic Council leadership • How to invest sustainably in the Arctic • Sovereignty and governance of the Arctic • Oil & gas potential in the Arctic • Mining potential of the Arctic • Energy • Community perspective on the Arctic • Arctic shipping future & the polar code • Next big thing in data: the Arctic • Fisheries control & potential in the Arctic • Arctic entrepreneurship, start-ups & new technologies • Tourism in the Arctic • Impact of climate on the Arctic

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Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
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