The Scandinavian nation Denmark plans to plant its flag on the North Pole, and other spots on the Arctic. This would create a territorial dispute between three countries, Canada, Russia, and Denmark. These countries are looking to obtain the natural resources such as oils, and minerals. The countries have to wait for the ice to melt first though, once that happens there should be a large amount of resources waiting for them. Canada has a deadline to present their underwater maps and other various scientific data to help them get territory in the north pole.
I think that these countries shouldn't be worrying as much in the resources of this area but be worrying about what the effects would be if all of the north pole were to melt. The effects of this would be catastrophic. The sea level would meters and would flood whole cities. Also I wouldn't be surprised if this would create tension within countries possibly starting a war.
http://www.thestar.com/news/canada/politics/article/992910--denmark-to-lay-claim-to-the-north-pole
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