Industrial and Business
Opportunities
- Employment at Voisey’s Bay will be based on Inco’s adjacency principle, which means that those qualified and living near the site will be given first priority for jobs. Aboriginal peoples affected by agreements with Inco will be given first priority. Other qualified Labrador residents will get second priority, while qualified individuals on the island portion of the province will get third priority.
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An Industrial and Employment Benefits Agreement will capture Inco’s commitments to promote employment of the province’s labour force, provide local businesses with the opportunity to compete for the supply of goods and services, and will recognize the agreements in place with aboriginal peoples.
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Where possible Newfoundland and Labrador facilities will be used during the construction, fabrication and assembly stages of the project. Engineering, procurement and project management will take place in the province and have significant participation by provincially-based firms.
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An Inco Innovation Centre developed in St. John’s will build on existing education and research at Memorial University in exploration, mining and metallurgical technology.
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Capital Spending
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