Ministère de l’Industrie, du Tourisme et de l’Investissement

Invest NWT

YELLOWKNIFE (February 27, 2012) -- A new website aimed at attracting outside investment and business to the NWT has recently been launched.  The site highlights the territory’s economic potential, the benefits of doing business in the Northwest Territories, and identifies prime areas for investment.

Support for Small Business

February 15, 2012 - Mr. Speaker, entrepreneurs and small business owners are a crucial part of the Northwest Territories’ economy.  They are essential to creating an economic environment that is strong and diversified providing each region with opportunities and choices.

Keeping Traditions Alive through Kayak-Making

TUKTOYAKTUK (February 14, 2012) -- A traditional sealskin kayak constructed by the students of the Mangilaluk School is the newest display at the Tuktoyaktuk airport.

Construction took place over the past several months and local Tuktoyatuk resident Darrel Nasogaluak led the project. Mr. Nasogaluak is a strong supporter of incorporating traditional knowledge into local schools and taught the students how to build the kayak using traditional tools and materials.

Prospectors Grubstake Program

February 10, 2012 - Mr. Speaker, mining forms a major piece of the economic foundation of the Northwest Territories. Before mining can take place, we rely on the work of prospectors and exploration companies to identify potential mineral development opportunities. Today I am pleased to announce dedicated annual funding of $50,000 for the Prospectors Grubstake Program. This funding will be made available under Industry, Tourism and Investments Support to Entrepreneurs and Economic Development Policy.

First fur auction of the year sees price increases across the board

YELLOWKNIFE (January 16, 2012) -- Wild fur pelt prices in the Northwest Territories have surged up to 135% at the first wild fur sale of the season hosted by Fur Harvester’s Auction Inc. in North Bay, Ontario on January 7, 2012. 

The Genuine Mackenzie Valley Furs (GMVF) program is a fur marketing service provided by the Government of the Northwest Territories. All proceeds from fur sold at auction through the program go directly to the hunter or trapper.

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