Prosper NWT Board of Directors

Contact Information

Chief Executive Officer
Prosper NWT

 

  • 5009- 50 Avenue, Range Lake Office Suites, Box 1320, Yellowknife NT X1A 2L9

  • Telephone: (867) 767-9075 ext 86000

  • Fax: (867) 765-0652

  • https://prospernwt.ca

Overview

Function

The Board of Directors is responsible for directing the operations of Prosper NWT, formerly known as the Northwest Territories Business Development and Investment Corporation (BDIC), taking into account sustainable development and capacity building. Prosper NWT’s mandate is to support the economic objectives of the Government of Northwest Territories in a manner that benefits the people and the economy of the NWT by encouraging the creation and development of businesses; providing financial assistance to businesses; directly investing in businesses; and providing information and support to businesses and members of the public.

Jurisdiction

Government of the Northwest Territories

Department Responsible

Prosper NWT

Authority

Prosper NWT Act (NWT)

Board Composition

The Corporation has a Board of Directors consisting of a minimum of 5 and a maximum of 10 eligible persons appointed as directors by the Minister.

Alternate Members

There are no alternate members.

The legislation does not provide for the appointment of alternates to the Board.

Chairperson

A Chairperson is designated by the Minister from among the directors.

Vice-Chairperson

The Vice-Chairperson is designated by the Minister from among the directors.

Quorum

Quorum is a majority of the directors appointed.

Appointment Instrument

Directors are appointed by the Minister Responsible for Prosper NWT under section 5 of the Prosper NWT Act (NWT).

Term Duration

A director holds office during pleasure for a term not exceeding three years as fixed in the appointment and may be eligible for reappointment.

Time and Travel Requirements

Meetings are held in person or conducted using electronic means of communication.

Remuneration

Members shall receive remuneration according to Executive Council classification and Financial Management Board Secretariat directives.

Category – Regulatory/Quasi-Judicial

Chairperson - up to $400 per day

Member - up to $325 per day

Chair and members – 50% per half-day (i.e., 3.5 hours or less), for work on board business for each day of meetings

Other Considerations

Persons eligible for appointment are those who have owned or managed a business in the Northwest Territories or have business expertise relevant to the NWT. Where appropriate, the Board must take into account sustainable development and capacity building in its consideration.

The Board establishes bylaws, policies, operational guidelines and committees.

A public servant is not eligible to serve as a director.

Current Membership
1. Chair Marie-Soleil Lacoursiere 2025-03-01 2027-01-31 1st term
2. Vice-Chair (Vacant - 2 year term)      
3. Member (Vacant - 2 year term)      
4. Member (Vacant - 2 year term)      
5. Member (Vacant - 2 year term)      
6. Member (Vacant - 2 year term)      
7. Member (Vacant - 2 year term)      
8. Member (Vacant - 2 year term)      
9. Member Marie-Soleil Lacoursiere 2024-02-01 2027-01-31 3rd term
10. Member (Vacant - 2 year term)      
11. Member (Vacant - 2 year term)      
12. Member (Vacant - 2 year term)      

(Board details as of February 10, 2026)