Community tours start this week for NWT residents to weigh in on a new Mineral Resources Act for the territory.
NWT and Nunavut Chamber of Mines Executive Director Tom Hoefer says this comes with industry at a 10 year low in the territory.
“There is a whole suite of things that are required in the NWT to help the investment climate from infrastructure to regulatory improvements to settling land claims so the mineral resources act isn’t going to be a silver bullet,” said Hoefer in an interview with CKLB.
Hoefer, says there’s one area of concern from mining companies regarding the Mackenzie Valley Resources Management Act, and government being able to charge companies fees or fines.
” They now have the ability to recover costs from environmental assessments to licensing and permitting, and that would be a real change for the north because the north is an expensive place to do business, so we are really urging them not to move on with that at this time,” stressed Hoefer.
Yellowknife will hold the first public meeting on the mining legislation today from 3-8pm at the Tree of Peace. Most community sessions have already been announced through radio advertisements and social media.
— GNWT ITI (@GNWT_ITI) August 23, 2017
People in the Tlicho region can weigh in on the Mineral Resources Act on Wednesday at the Cultural Centre. The Dehcho Region will have a community meeting in Fort Simpson on Thursday at the Recreation Centre. All community sessions are from 3-8pm.