One of the Northwest Territories Indigenous trucking companies is facing financial tough times.
Ventures West Transport and Tli Cho Landtran Transport Limited according to several media reports have lost over 18 million dollars over the last two years. Both companies have relied heavily on fuel hauling contracts to the territories three diamond mines.
A look at Tlicho Land Tran’s projects from their website.
The Corporation’s lawyers are expected to be in court this week to face the creditors. Sources say it is a legal tactic to hold things in place long enough to sell off their assets. Ventures West and Tlicho Landtran received creditor protection last week on November 29th in Alberta.
The Tlicho Investment Corporation is run by the Tłı̨chǫ Government on behalf of the Tłı̨chǫ Nation.
Start your morning with the Splash on Denendeh Sunrise from 7:30-8:30am. Campbell was trained and mentored by longtime CKLB host and Gwich'in entertainer William Greenland. Prior to hosting the morning show and filling in on the Saturday Request Show, he had stints in the Yukon on CKRW the Rush, CBC North in Yellowknife, and began his broadcasting career at CJCD Mix 100. Before moving North he was born and raised on the banks of the Tobique River, the traditional territory of the Wolastoqiyik, Tobique Maliseet First Nation.
