ECONOMY, ENVIRONMENT AND CLIMATE CHANGE

Commitment 1.1.12

We will support the growth of Aboriginal business development corporations and the capacity of Aboriginal governments, through the completion and implementation of memoranda of understanding that reflect the economic opportunity objectives found in modern land claims.

Memoranda of Understanding (MOU)

The Government of the Northwest Territories (GNWT) recognizes the value of maintaining and fostering strong relationships with our partner Indigenous governments, and is working to develop and diversify the economy through strategic economic investments and partnerships with Indigenous businesses.

In the past, the GNWT has entered into contracting memoranda of understanding (MOU) with the Gwich’in Tribal Council (GTC) and the Sahtú Secretariat Incorporated (SSI) to strengthen Indigenous business capacity.

The GNWT will renew MOUs with interested Indigenous governmental organizations in order to strengthen business capacity as well as assist in the development of commercially viable businesses, provide business and economic training, encourage employment of participants in the settlement area and support their traditional economy (milestones 3 and 4).

Related Mandate Commitments:

• Commitment 1.1.13 - We will support small communities by enhancing job-creation programs, building community capacity and supporting new economic opportunities, by:
  • Updating the Support for Entrepreneurs and Economic Development (SEED) programs as necessary to better align with the needs of NWT entrepreneurs and businesses, including those in small communities.
  • Implementing the Economic Opportunities Strategy.