Governments of Canada and the Northwest Territories investing in Canyon Creek all-season access road and other road improvements
Norman Wells, Northwest Territories, January 5, 2017— A thriving economy needs strategic investments in transportation infrastructure to keep people and goods moving efficiently. Investing in modern transportation infrastructure also helps create jobs and improve the quality of life of Northerners.
YELLOWKNIFE (DECEMBER 12) — A dynamic new entrant into the secondary diamond sector is poised to grow diamond manufacturing in the Northwest Territories (NWT).
The Government of the Northwest Territories (GNWT) has approved Almod Diamonds Limited (Almod) as an Approved NWT Diamond Manufacturer.
As the Deh Cho Bridge marked the fourth anniversary of its official opening on Nov. 30, the territorial government says it is on track to pay off the $202-million structure by 2046.
That is according to Ioana Spiridonica, spokesperson for the Department of Transportation.
The GNWT took out a 35-year, $165.4 million loan in bonds in 2011 to pay for the bridge which spans the Mackenzie River at Fort Providence.
YELLOWKNIFE (November 22, 2016) – The Northwest Territories (NWT) said thank you November 17 to a resource and an industry that has made it strong.
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.