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Feds announce $1.3M to support economic development in N.W.T.

November 27, 2020
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Feds announce $1.3M to support economic development in N.W.T.
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Three N.W.T. projects are getting a financial boost from the federal government, in a move aimed at fostering employment and economic growth in northern and Indigenous communities.

Michael McLeod, Liberal MP for the Northwest Territories, announced the $1.3-million investment on Friday, on behalf of Mélanie Joly, the minister of economic development and official languages, who is responsible for the Canadian Northern Economic Development Agency (CanNor).

The money, which is being invested by CanNor, is meant to support “training, entrepreneurship, capacity building and infrastructure development” in the N.W.T., according to a news release from the agency. CanNor’s mandate is to support economic development in the North.

Of the $1.3 million in funding, $731,727 will go toward a three-year project at Makerspace YK, a non-profit organization and community hub in Yellowknife that…

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© 2020 Copyright - 2018-2021 by MakerSpace America, Inc. A 501(c)3 Nonprofit Organization.

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