Any time an entity gets mentioned in a provincial budget document, it is huge. I have to say though, despite the fact I was encouraged by the name "Ring of Fire" appearing three times, I was disappointed that there were not more definitive actions and actual fiscal strategy included. Below is a paragraph from todays Globe about the Province of Quebec's budget and their mention of the Labrador Trough:

Quebec announced in its recent budget three measures that could help jump-start more mining in the trough. It said the Caisse de dépôt et placement du Québec and Canadian National Railway Co. are planning a feasibility study for a second rail line into the region. Hydro-Québec has also been asked to study extending the provincial transmission grid, which would benefit new producers. The province has also earmarked up to $1-billion for investments in new mining and petroleum projects. In addition, Ottawa has announced it will invest up to $55-million to fund construction of a deepwater dock at Sept- Îles, Que., that will be used for shipping ore.

That is the kind of language we need from the Ontario government.