Industry, Tourism and Investment

Tu Cho Fishers Cooperative and GNWT to Advance Revitalization of GSL Fishery

The Department of Industry Tourism and Investment and Tu Cho Fishers Cooperative have signed an agreement confirming their commitment to the revitalization of the Great Slave Lake Fishing Industry.

The Memorandum of Agreement (MOU) was signed by Minister of ITI Katrina Nokleby and Cameron Beaverbones of the Tu Cho Fishers Cooperative.

Fire Ban Lifted

The fire ban in effect for the Fred Henne and Yellowknife River Territorial Parks is lifted.

The Department of Industry, Tourism and Investment reminds park users to remain cautious and follow all fire safety procedures.

Please use only approved fire pits; and ensure all fires are extinguished before leaving your campsite.

Information about fire bans and territorial park closures can be found under alerts on Industry, Tourism and Investment’s NWT Parks website.

Restrictions at Fred Henne Territorial Park

To ensure the continued safe use of Fred Henne Territorial Park, including ensuring physical distancing measures are followed, the Government of the Northwest Territories, led by the Department of Industry, Tourism and Investment will be monitoring the capacity of the beach and public day use areas throughout the summer. 

Additionally, in an attempt to reduce crowding in the day use and beach areas, access to the upper day use parking lot will be restricted and the number of vehicles and boat trailers in the day use area will be limited.  

Fire Ban for Yellowknife Parks

Due to very dry conditions with no forecasted rain through the weekend and into next week, the City of Yellowknife has implemented a fire ban on open air fires within the City’s municipal boundaries. The ban prohibits open fires, including the use of approved fire pits.

Effective immediately and until further notice, a fire ban is now also in place for:

•              Fred Henne Territorial Park

•              Yellowknife River Territorial Park

 

BDIC Payment Deferral/Reduction Initiative Extended

The NWT Business Development and Investment Corporation (BDIC) is extending its three month Payment Deferral/Reduction initiative.

The initiative was introduced in March as part of the Government of the Northwest Territories (GNWT) initial response to the COVID-19 Pandemic. The option of deferring or reducing loan payments was provided to all BDIC clients including those who applied for and received low-interest Working Capital Loans as part of the GNWT’s initial COVID-19 relief efforts.

SEED Program to Help Businesses Pivot in Response to COVID-19 Pandemic

Northwest Territories businesses making investments to align with the Government of the Northwest Territories’ (GNWT) Emerging Wisely Plan can now apply to the Department of Industry, Tourism and Investment (ITI)’s Support for Entrepreneurs and Economic Development (SEED) Program for funding.

As restrictions are eased by the Chief Public Health Officer, and in keeping with the spirit of flexibility, the SEED program can now be accessed to cover costs to businesses such as:

·       Structural changes required to protect employees (i.e. plexiglas shields);

Northwest Territories Business Advisory Council

Katrina Nokleby, Minister of Industry, Tourism, and Investment released the following statement:

“Since the COVID-19 pandemic, there has been much interest and discussion about what economic recovery will look like across the Northwest Territories (NWT), and the important role the Business Advisory Council (BAC) will play in that.

“As we begin to move towards economic recovery, it will be critical that we access the experience, talent, and resources of the NWT’s private sector and apply this input to government decision making.

Katrina Nokleby: COVID-19 and the NWT Economy

Mr. Speaker, the COVID-19 global pandemic has impacted every aspect of life in our territory.  

The Government of the Northwest Territories has responded to the pandemic in a variety of ways. In addition to the measures taken to protect the health and safety of our residents and communities, our government has acted to mitigate the economic impacts of this crisis on our economy, and to invest in the economic well-being of Northwest Territories industry and businesses.                                                              

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