economy

Environment, Featured, Industry, News April 19, 2024

International Kimberlite Conference coming to the NWT this summer

The city's two main hotels will host delegates; event comes as sun starts to set on North's active diamond mines


The Northwest Territories will host the 12th International Kimberlite Conference in Yellowknife, from July 8th to 12th. This is the conference postponed from 2020 due to the worldwide pandemic. Organizers stated the location of the 12th Conference is particularly appropriate “as Canada has become the third largest producer of diamonds…

Featured, Industry, Life Style, News, Politics October 20, 2020

NWT job market rebounding but not all sectors equal: Finance minister

‘The quality of the jobs may not be equivalent,' says Caroline Wawzonek. 


The NWT lost about 4,000 jobs due to the COVID-19 pandemic, but most of those were non-residents. Caroline Wawzonek, minister of Finance, said her department expects the labour market to rebound to 90 per cent of pre-pandemic levels by the end of the year. However, not all job sectors will…

Featured, Industry, News July 13, 2020

Survey says: revenue decline trending in the NWT

New data shows a significant decrease in revenue, across the board for businesses in the NWT. The Government of the Northwest Territories has released a set of surveyed data to better understand the economic effects and recovery plan for COVID-19 in the territory. More than 80 per cent of businesses…

Featured, News May 13, 2020

SEED funding focused on COVID-19 economic recovery

The Support for Entrepreneurs and Economic Development program (SEED) is open for applicants and will prioritize proposals focused on economic recovery from COVID-19. The program is run by the department of Industry, Tourism and Investment, who said in a media release it is looking for proposals aimed at supporting employment,…