Agnico-Eagle Mines awarded damages in arbitration against Government of Nunavut

Agnico-Eagle Mines (Agnico) commenced arbitration against the Government of Nunavut for the non-payment of $1.6 million in tax rebates. The tax rebates were in relation to a development partnership agreement between the corporation and the territorial government to bring benefits to certain northern communities. There was no question that Agnico had delivered benefits to the communities. The issue was whether the tax rebate should be denied to Agnico on the basis of technicalities asserted by the government. Agnico was successful in the arbitration, which was heard in Ottawa, and involved live and videoconference testimony. Fasken Martineau acted for Agnico-Eagle Mines, with a team that included Peter Mantas and Alexandra Logvin of the Ottawa office, and Jean Gagne, and Kimberley Okell of the Quebec City office.