Finance

GNWT allocates more than $20 million in new funding to support NWT airlines

The Government of the Northwest Territories (GNWT) announced today that it will allocate $20.145 million to support the Northwest Territories’ Aviation Sector to continue essential air services during the COVID-19 pandemic.

This funding is part of the $75 million funding program announced by the Government of Canada to support essential air services to remote communities between July 1 and December 31, 2020. Transport Canada will provide $17.124 in new funding; while the GNWT will provide $3.021 million.

 

Budget Dialogues

The Minister of Finance announced today that as a part of the Government of the Northwest Territories’ (GNWT) commitment to developing a more inclusive approach to financial policy setting, she will be hosting several online engagement sessions about the development of Budget 2021 between July 20 and August 4th, 2020. 

NTLCC reduces price of cannabis products

The Northwest Territories Liquor and Cannabis Commission (NTLCC) announced today that it has reduced the price of all cannabis products by 10%.

NTLCC’s decision to reduce prices supports the objective to eliminate illegal cannabis sales in the Northwest Territories. With close to two years of legal sales, NTLCC has a better understanding of the operating costs associated with the distribution and sale of cannabis and is confident that it can reduce the price of these products while continuing to maintain a safe and secure retail regime.

GNWT extends selected COVID-19 economic relief measures

The Government of the Northwest Territories (GNWT) announced today that it will be extending certain economic relief measures for COVID-19, previously set to expire on June 30, 2020. Extending these measures will result in $5.751 million in support for NWT residents and businesses.

Two funding initiatives to support licensed child care programs have been extended until September 30, 2020:

GNWT and NWTTA reach tentative collective agreement

The Government of the Northwest Territories (GNWT) and the Northwest Territories Teachers’ Association (NWTTA) have reached a tentative agreement.

Both parties are pleased with the progress since negotiations started on June 2, 2020 during this unprecedented time, and are recommending ratification of the agreement to their membership and the Financial Management Board.

Details of the tentative agreement will not be publicly released until the ratification process is completed.

GNWT announces over $2.9 million in new funding for NWT aviation companies

YELLOWKNIFE (June 12, 2020) - The Government of the Northwest Territories (GNWT) announced today that it will allocate $2.944 million to airlines and rotary wing operators in the Northwest Territories.

 

The GNWT is providing this funding directly to airlines and rotary wing operators during the COVID-19 pandemic to ensure that these companies can continue to provide connections into communities, providing essential goods, like food and medical supplies, through June 30, 2020.

 

The GNWT will allocate the funding as follows:

Collective bargaining begins between the NWT Teachers’ Association and the GNWT

Today, the Northwest Territories Teachers’ Association (NWTTA) and the Government of the Northwest Territories (GNWT) jointly announce the commencement of negotiations towards a new collective agreement. 

While negotiating a new collective agreement can be difficult under even ideal conditions,  the NWTTA and the GNWT are optimistic that by working together in good-faith, a fair and reasonable agreement will be reached that will balance the interests of both parties.

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