Ontario's Ring Of Fire


The mineral rich Ring of Fire is Ontario's "oilsands" and the
province should take a page out of Alberta's playbook by
developing it quickly.
The remote Ring of Fire area, located nearly 500 kilometres
northeast of Thunder Bay, it is said to hold more than a $30
BILLION haul of chromite — the key material used to make
stainless steel
"In many ways, the Ring of Fire is Ontario's oilsands — an
enormous wealth beneath the earth that can break open a
new frontier for job creation and investment in Ontario.
Sometimes we look (with) wonder and awe at what Alberta
can do; we can do that in Ontario and we can do that with
the Ring of Fire.
Mining it  creates an open pit mine and a transportation
corridor to be built through one of the last intact boreal
forests.
Most people have no idea what the Ring of Fire or chromite
is but everybody knows what the oilsands and potash is,
"We have our own oilsands, our own potash potential in the
far north. It is a treasure chest of chromite, nickel, copper,
zinc,"
An American firm that plans on investing nearly $3 billion
into their Ring of Fire chromite project.This is a once in a century opportunity. It could surpass what the Sudbury basin did for the entire province of Ontario.

Environmental studies must be vigorously carried out and
First Nations have to be at the table in order to help lift them out of abject poverty.You have native communities with 90 something per cent unemployment and incredible wealth under the ground,

We have our own oilsands, our own potash potential in the
far north. It is a treasure chest of chromite, nickel, copper,
zinc... This is a once in a century opportunity.

It's interesting that some of the same things in Ontario's
budget — loosening of environmental rules — are found in
Ottawa's omnibus budget Bill C-38, which also eases the
envronmental assessment process.Are we are seeing a
rollback of environmental protections put in place over the
last 30 years and it is being done largely without
debate.Right now the politicos must be wetting their pants
with joy---how to tax this enormous wealth so they can
squander it like McGuinty's windmills and solar panels.
.

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