Check against delivery
Members of the 19th Legislative Assembly, committed to “increase resource exploration and development” in the territory. This priority reflects the importance of the mineral resource sector to our economy both today and into the foreseeable future.
Check against delivery
Mr. Speaker, one of our government’s guiding principles is to ensure that the expenditure of public funds maximizes economic benefits to Northerners and supports Northern business. This is consistent with our longstanding commitment to support Northwest Territories businesses and grow a strong, diversified economy.
Northwest Territories business leaders and the Government of the Northwest Territories are working together to safeguard the territory’s economy from the impact of the COVID-19 pandemic while maintaining a protective public health response.
As the GNWT prepared for the inevitable arrival of COVID-19, the swift mobilization of its pandemic services limited the number of cases, and prevented loss-of-life.
Today, the territory is in a position to look forward while others are tightening up in part because of these measures.
A new funding initiative will enable commercial agriculture producers in the Northwest Territories to make larger investments in their operations.
Proposals are being accepted from NWT-based producers, processors, retailers and organizations for investments in excess of $100,000 to a maximum of $200,000.
To be eligible, projects will need to address at least one of the following outcomes:
• Increase competitiveness, productivity or profitability;
• Increase environmental sustainability;
The Department of Industry, Tourism and Investment has released a comparison of the NWT’s mining regime against 21 Canadian and international jurisdictions.
The PricewaterhouseCoopers report Tax and royalty benchmark - Mining in the Northwest Territories marks the first post-Devolution review of the Northwest Territories (NWT) tax and royalty system and provides an up-to-date reference point on its ranking.
It highlights where the NWT’s industry is positioned in comparison to a decade ago.
Closing dates for campgrounds in almost all territorial parks across the Northwest Territories have been extended to September 30.
The list of campgrounds and revised closing dates can be found online at NWTParks.ca Reservations for campsites can be made using the GNWT’s online reservation system.
Premier Caroline Cochrane announced today that Minister Katrina Nokleby’s appointments as Minister of Industry, Tourism and Investment and Minister of Infrastructure have been revoked effective immediately.
Minister R.J. Simpson will assume responsibility as Minister of Infrastructure, while Minister Shane Thompson will assume responsibility as Minister of Industry, Tourism and Investment.
Minister Nokleby’s appointment as a Member of the Executive Council remains in effect.
Joyce Taylor has been named as Chief Executive Officer (CEO) of the Northwest Territories Business Development and Investment Corporation (BDIC).
BDIC is an accountable and independent Crown Corporation of the Government of the Northwest Territories providing resources for the economic development of the Northwest Territories.
The Department of Industry, Tourism and Investment (ITI), in partnership with the Canadian Northern Economic Development Agency (CanNor), has launched a funding program that will help the Northwest Territories tourism industry recover from the impacts of COVID-19.
ITI regional offices will start accepting applications for the Growth and Recovery by Investing in Tourism (GRIT) Fund, a $1.5 million, one-time program cost-shared equally by ITI and CanNor. ITI will deliver the program on behalf of both governments.
Following a revision of the Mining Incentive Program (MIP) to enhance support and emphasis on public safety, the Department of Industry Tourism and Investment (ITI) has selected 20 mineral exploration projects to receive program funding for 2020-21.
The 20 projects will benefit from the $1 million in total program funding. The successful projects were selected from 28 applications, which marks a continuing interest in NWT mineral exploration despite the significant challenges faced this year by the industry.
