Bingjun Wang first dreamed of coming to Canada as an international student when he was 18-years old. But when the Shanghai native was unable to get a study permit, his hopes were dashed.
Now Wang is getting a second chance, as the first person to settle in Yellowknife through the business stream of the GNWT's nominee program for immigrants.
"It's a big decision," he said through a translator about his move to the city this August with his 14-yearold daughter.
YELLOWKNIFE (October 7, 2016) – The Government of the Northwest Territories (GNWT) released tourism visitation and spending numbers for 2015-2016, with visitation numbers matching the highest-ever achieved, and expenditures reaching largest recorded by a significant margin.
YELLOWKNIFE (October 6, 2016) – The Government of the Northwest Territories (GNWT) has released an investment plan for the tourism sector designed to increase the value of the industry in the Northwest Territories (NWT) to $207 million annually by 2021.
According Yellowknife's Northern Frontiers Visitors Centre, numbers from the past few seasons point to an explosion of tourism generally, but growth has come especially from China, Hong Kong and Taiwan.
Just over two decades in the making, Canada's newest diamond mine is set to officially open Tuesday in the N.W.T. at a ceremony involving Indigenous leaders, mining and territorial officials.
The Gahcho Kué mine, located on the tundra about 280 kilometres northeast of Yellowknife, is estimated to be one of the 10 biggest diamond mines in the world.
"Mining and mineral-related activities are, and for some time will be, the largest provider of jobs, and the main driver of the territorial economy. We need the benefits from this non-renewable resource production to enable our investment into other sectors of the economy," said Premier Bob McLeod in his Opportunities North keynote address. Opportunities North is the North's annual business conference.
Imperial Oil is looking at selling its Norman Wells oil assets in the Northwest Territories.
The Calgary-based company says while a definitive decision has not been made, it recognizes the significance of such a move and is therefore speaking with Sahtu community leaders about its plans.
According to its website, Imperial Oil first discovered oil at Norman Wells, about 150 kilometres south of Arctic Circle, in 1920.
De Beers Canada is extolling the benefits of its Gahcho Kue diamond mine ahead of the mine's official opening later this month, billing it as "the biggest and richest new diamond mine in the world."
"It's a big deal," said chief executive Kim Truter.
"It's a big deal for the N.W.T., for Canada, for De Beers and for Anglo American."
Anglo American owns 85 per cent of De Beers, according to its website.
Twenty communities across the N.W.T. will receive funding to improve water and sewer facilities, Amarjeet Sohi, the federal minister of infrastructure and communities, announced in Edmonton Tuesday.
The funding is part of a $69 million agreement between the federal and territorial governments.
Ottawa will pay for about 75 per cent of the work — or $52 million — with community governments providing the remaining $17 million.
A milestone at the Gahcho Kué diamond mine has been reached as the plant that processes ore into rough diamonds has completed commissioning, mine officials announced last week. De Beers, majority owner of the mine about 280 km northeast of Yellowknife, and minority owner Mountain Province last week announced the plant that crushes and washes ore has completed commissioning – a system of checks to ensure it works as planned.