The Growth and Recovery by Investing in Tourism (GRIT) Fund will see approximately $3 million invested in the tourism industry in the NWT to help operators and businesses recover from the COVID-19 pandemic.
Funded in partnership with the Canadian Northern Economic Development Agency (CanNor), the GRIT Fund was introduced in August 2020 to respond specifically to the needs of the tourism industry post COVID-19.
The fund was both extended and increased before closing in October.
Over 90 individuals and companies will receive contributions designed to adapt and position their operations for the future.
“The GRIT Fund initiative is a strong example of the GNWT’s ability to pivot and respond to the needs of NWT businesses. Through our partnership with the Government of Canada through CanNor, we were able to extend and, in fact, double our funding support to those in the tourism industry.”
- Caroline Wawzonek, Minister of Industry, Tourism and Investment
“Tourism is an essential part of the economy of the Northwest Territories, supporting communities and business operators. The sector has been hard hit by COVID-19 and continues to feel the effects. By working together with the territorial government, we’ll help workers and business owners in NWT’s tourism industry adapt so when it is time to travel again, this sector is able to flourish once again.”
-Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for CanNor
· The GRIT Fund was a one-time funding program
· Application intake for the GRIT Fund closed October 16, 2020
· Contributions from the GRIT Fund have averaged $31,217.00
For More Information, please contact:
Asst. Director Strategic Communications
Industry, Tourism and Investment
1-867-767-9202 (ext: 63037)