It also directs energy tax credits and training money to Northern Ontario, committing $45 million for economic development in the region.
Read more: http://www.cbc.ca/canada/toronto/story/2010/03/25/ontario-budget-duncan-main.html#ixzz0jDzLPnYf
Peanuts. Let's say that some how Spider got one fifth of the value of this initiative (a bit of a stretch, considering how many parties and corporate entities are involved in work in northern Ontario). That's $9m. Divide that by around half a billion shares, and that means that the announcement would be worth, at most, 2 cents per share. But that's assuming that SPQ could get 20% of those direct benefits.
However, having said that, this can help lay the groundwork for more development, which is more important.