N.W.T. government announces relief for ailing diamond mines
Measures include ramping up local diamond valuations, temporary property tax relief The Northwest Territories government has announced several new policies
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Business (Canada)
N.W.T. Chamber of Mines suggests tax relief for territory’s struggling diamond mines
2 N.W.T. cabinet ministers met with mine owners last week to discuss the financial challenges The executive director of the
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Lithium company exploring N.W.T. hopes to refine material in Canada, not China
By Jocelyn Shepel Canada can’t refine the mineral from hard rock right now but companies are looking to change that
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Yukon takes aim at Elon Musk’s companies with U.S.-tariff retaliatory measures
Territory scraps rebates for Tesla products, quits X, and looks to cancel Starlink accounts The Yukon government is targeting Elon Musk’s
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Low diamond prices raise risk of early closure of N.W.T. mines, experts say
All three N.W.T. diamond mines reported millions of dollars of losses in 2024 All of the N.W.T.’s diamond mines are reporting
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Yukon’s labour supply can’t meet existing demand, report shows
By Cali McTavish New report highlights opportunities and bottlenecks in Yukon’s economy A new report from the Conference Board of
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Victoria Gold receiver asks Yukon gov’t for another cash injection, raising total cost to $220M
If approved, increase would be the second time receivership’s total cost has more than doubled The cost of the Victoria
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U.S. tariffs threatening Indigenous tourism rebound in North
U.S. tariffs are threatening the Indigenous tourism rebound in northern Canada, just as the industry was starting to emerge from
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Alaskan truck toll could be ‘last nail in the coffin’ of Fort Nelson, B.C., mayor warns
By Andrew Kurjata The mayor of B.C’s northernmost municipality is warning that tolls on commercial trucks traveling through the province to Alaska
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New boat launch, water treatment facility on horizon for Giant Mine site
By Jocelyn Shepel Team behind remediation project gave annual update to City of Yellowknife on Monday Team members with the
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Q&A: Lawyer tapped to study Giant Mine legacy comes with no ‘preconceived notions’
Yellowknives Dene First Nation welcomes Murray Rankin’s appointment, hopes for resolution The lawyer and former British Columbia politician recently appointed
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$1M CanNor investment looks to boost First Nations-led economy, tourism projects
Canada’s Northern Economic Development Agency is investing $1 million into three First Nation-led projects in Yukon, aimed at boosting the
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Grocers say prices in some northern communities protected from tariffs, for now
Two grocery chains that serve the North say stores in remote communities that rely on large, infrequent shipments of non-perishable
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New mining legislation for N.W.T. expected to come into force in 2027
MLAs say they’ve heard from constituents concerned about what new regulations could mean for industry Some long-awaited, and contentious, mining
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Canadian North tentatively sold to Winnipeg firm for $205 million
A Winnipeg firm that owns several northern airlines has announced it plans to buy Canadian North, the airline that serves
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