INUVIK (June 22, 2017) – A new public information campaign is set to increase public understanding and awareness regarding the Northwest Territories’ renewable and non-renewable energy resources and the means by which they can be developed.

Called REDI for Resources and Energy Development Information, the new initiative encourages NWT residents to “Get REDI” with fact-based information about the benefits, risks and potential for resource and energy development in the NWT.

YELLOWKNIFE (June 15, 2017) – A donation of petroleum geophysical data to the Government of the Northwest Territories (GNWT) valued at $10 million may encourage exploration and investment in the Northwest Territories’ Sahtu Region.

YELLOWKNIFE (June 14, 2017) – Two airborne geophysical surveys will provide additional insight for prospectors and mineral development companies interested in exploration in the Slave Geological Province of the Northwest Territories (NWT). The studies, developed by the Northwest Territories Geological Survey (NTGS), provide detailed airborne magnetic and electromagnetic survey data from the promising region.

Delivered on June 13, 2017

Check against Delivery

Good morning everyone,

On behalf of the Government of the Northwest Territories, I’m pleased to welcome you to Inuvik and the Arctic Energy and Emerging Technologies Conference.

YELLOWKNIFE (JUNE 7, 2017) – Nearly $1 million is being invested in the future of Northwest Territories (NWT) exploration and prospecting thanks to the Government of the Northwest Territories’ (GNWT) signature incentive program.

The Department of Industry, Tourism and Investment announced today the 2017-2018 funding recipients under the Mining Incentive Program (MIP) administered by their Northwest Territories Geological Survey division.

Seven corporate recipients and six prospectors were awarded funding for this coming year.

Mr. Speaker, as NWT residents considering their future, our economy is top-of-mind.

As both promoter and contributor to the NWT economy, our government is working to spark economic growth across all sectors, and to foster an environment in which companies and individuals feel confident investing in Northern opportunities and jobs. 

Our agenda for economic development is three fold, we are working to responsibly unlock the potential of our non-renewable resources in a way that will both power and sustain the economic future of our territory and its communities;

YELLOWKNIFE (May 24, 2017) - Minister of Industry, Tourism and Investment Wally Schumann issued the following statement regarding Government of the Northwest Territories support for tourism in Yellowknife today:

“A temporary location for visitor-information services in Yellowknife will be established at the Prince Of Wales Northern Heritage Centre.  A Memorandum of Understanding (MOU) has been signed between the Department of Education Culture and Employment (ECE) and the Northern Frontier Visitors Association (NFVA).

YELLOWKNIFE (May 8, 2017) – The Department of Industry, Tourism and Investment (ITI) is increasing the amount of funding that it provides to NWT entrepreneurs and small businesses under its signature Support for Entrepreneurs and Economic Development (SEED) Programs.

The increased funding amounts come following an internal review of the SEED policy and in response to rising costs and feedback received from NWT Business owners.

Enhancements have been made to the Entrepreneur Support, Micro Business, and Business Intelligence and Networking streams.

YELLOWKNIFE (April 7, 2017) – The new Canadian Free Trade Agreement (CFTA) will make it easier for Northwest Territories (NWT) residents to do business across Canada while making allowances for the unique economic circumstances that exist in Canada’s North.

The new Agreement focuses on reducing barriers to trade, investment and employee mobility to promote economic growth within Canada. The CFTA will replace the Agreement on Internal Trade (AIT) on July 1, 2017.

YELLOWKNIFE (April 3, 2017) — This year’s biggest fur auction yielded strong results for Northwest Territories trappers as they will receive their largest payout in two years.

The annual Saga, American Legend and Fur Harvesters fur auction in Helsinki, Finland drew nearly half-a-million in sales for NWT wild furs sold under the Government of the Northwest Territories (GNWT)-managed Genuine Mackenzie Valley Fur (GMVF) brand — nearly doubling the total from 2016’s auction.