Recent News

January 28, 2014

YELLOWKNIFE (January 21, 2014) – The Mackenzie Valley Fibre Link (MVFL) moves closer to reality with the announcement today by Finance Minister J. Michael Miltenberger that three proponents have been shortlisted, pursuant to the GNWT’s Request For Qualifications on the project.

The three shortlisted proponents are:

  • ATCO Electric Ltd.
  • Northern Lights Fibre
  • Plenary Group Canada Ltd.

 

December 3, 2013

 The Honourable Leona Aglukkaq, Minister of the Environment, Minister of the Canadian Northern Economic Development Agency (CanNor), and Minister for the Arctic Council, today announced an investment for research into opportunity readiness to support development and implementation of a five-year economic development strategy for the City of Yellowknife.

November 22, 2013

YELLOWKNIFE (November 21, 2013) – The new Northwest Territories (NWT) Mineral Development Strategy establishes a comprehensive plan to ensure the long-term growth of a sustainable mining industry that will create jobs and economic opportunities for the people of the NWT.

Continue reading here.

November 14, 2013

Northwest Territories is a land filled with vast mineral potential, rich in both resources and opportunity. Industry interest in this potential continues to rise and the Government of the Northwest Territories is actively working to ensure resource development is environmentally sustainable and benefits the residents, communities and businesses of the NWT.

Continue reading here.

November 4, 2013

YELLOWKNIFE (October 29) – A new Northwest Territories (NWT) Economic Opportunities Strategy sets out a plan to connect NWT businesses and communities with economic opportunities by fostering a climate for growth, building on success in key sectors, investing in regional diversification and promoting opportunity readiness for people and businesses.

October 29, 2013

The town of Hay River, N.W.T., wants to show players in the up-and-coming Sahtu oil development that it's more than just a dot on the map.

Even though it's a long way from the Sahtu, businesses in Hay River want a piece of the oil play if it comes to fruition in the region.

Continue reading here.

October 18, 2013

Yellowknife, NWT, is next at $133,670. Both municipalities have been at the top of the list since record-keeping began in 2001.

Continue reading here.

October 2, 2013

Major energy companies led by Imperial Oil Ltd. have applied to drill for crude in the Beaufort Sea, targeting an area that could require operations in the deepest water yet for the industry in the Canadian Arctic.

September 24, 2013

YELLOWKNIFE, N.W.T. – My first trip to the Arctic was in 1984 to Inuvik, Tuktoyaktuk and a drilling rig 50 kilometres offshore in shallow water in the Beaufort Sea.

September 16, 2013

The Diavik Diamond Mine is using a wind farm, which was installed about a year ago, to power the site, which reduces the environmental impact of making diamonds.

Last year, the mine spent $31 million installing four wind turbines to harvest electricity at the site. The 100-metre structures were the first wind turbines anywhere in the Northwest Territories. The company is already seeing the benefits.