By Jeff Pelletier, Local Journalism Initiative Reporter Nunatsiaq News The estimated cost of the proposed Grays Bay road and port project, which would connect resource-rich western Nunavut to the rest of Canada, has nearly doubled according to its proponent. Brendan Bell, CEO of West Kitikmeot Resources Corp., provided a new cost figure to Nunatsiaq News after signing a memorandum of understanding to continue support for the project at the Nunavut Trade Show in Iqaluit on Wednesday. “I would estimate that it’s at least a billion-dollar undertaking at this point,” Bell said. That number is up from a previously estimated $550 million price tag from before the COVID-19 pandemic and recent inflation. As well, plans for the project itself could be changing. “We are having discussions with the coast guard and with…
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