Diamond mines aren’t forever, so what can they be replaced with?
'We don't want to be in a situation where we are not using the resources we have, including the ability to take on debt in order to provide infrastructure,' says Finance Minister Caroline Wawzonek
The pending closure of the NWT’s three huge diamond mines will certainly reduce direct taxation revenues for the territorial government, but it’s the ripple effects through the private sector that could really hurt our economy, says the minister in charge. During a virtual town hall Thursday night — the first…
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