In the 2007 Speech from the Throne, the Government of Canada outlined that there are both new opportunities and new challenges in the North, and indicated it would bring forward an integrated Northern Strategy focused on strengthening Canada's sovereignty, protecting environmental heritage, promoting economic and social development, and improving and devolving governance. As a signature deliverable of this new commitment, the Government also promised to
"build a world-class Arctic research station that will be on the cutting edge of Arctic issues, including environmental science and resource development. This station will be built by Canadians, in Canada's Arctic, and it will be there to serve the world." The Prime Minister announced Cambridge Bay, Nunavut, as the location for the Canadian High Arctic Research Station (CHARS) in August 2010.
The Prime Minister announced a new investment in the next phases of the Canadian High Arctic Research Station on August 23, 2012: $142.4 million for the construction, equipment, and fit-up of the Canadian High Arctic Research Station (CHARS) and $46.2 million over six years for the phase-in of the Science and Technology Program. An additional $26.5 million per year has been set aside, as of 2018–2019, for the on-going program and operations of the Station. The Prime Minister also announced the winning bidder for the design of the station. Fournier Gersovitz Moss Drolet et associés architectes and NFOE et associés architectes, operating as a joint venture, have been awarded the Design Consultant contract through a competitive and transparent bidding process.
CHARS will be operational in 2017 to coincide with Canada's 150th anniversary.