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Investment of over $2 million supports Indigenous employment, skills development, infrastructure development and capacity building across Nunavut
April 14, 2021 – Iqaluit, Nunavut – Canadian Northern Economic Development Agency (CanNor)
As we enter into over a year since the onset of the COVID-19 pandemic, businesses, communities, and organizations throughout Nunavut and across the territories are continuing to feel the impacts on the economy. That’s why the Government of Canada continues to be there to not only support Northern businesses through their challenges, but to also continue to support their recovery by making strategic investments in the foundations and structures already in place to keep the Northern economy going.
In the last year, the Canadian Northern Economic Development Agency (CanNor) has been providing direct support to Northern businesses via its relief funding, while also continuing to make strategic investments through its economic development programming to provide businesses with the resources they need to recover from the impacts of the pandemic and to help the economy come back strong in Canada’s territories.
CanNor investments support development in Nunavut communities
Today, the Honourable Daniel Vandal, Minister of Northern Affairs, on behalf of the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for CanNor, held a roundtable with key partners and highlighted investments of over $2 million that have been made to support eight Indigenous economic development projects which aim to improve growth and diversity across Nunavut, including:
These investments will provide support to Nunavut businesses, communities, and organizations by increasing their capacity to take advantage of economic opportunities through activities such as business expansions, training, and strategic planning, as well as studies to identify economic potential within the territory. The projects are located in the communities of Baker Lake, Cambridge Bay, Pond Inlet, and Iqaluit.
Investments such as these are positioning the Northern economy for a strong recovery, while supporting the government’s commitment to create over one million jobs, restoring employment to previous levels.
“The Government of Canada is continuing its support for economic development opportunities in Nunavut. That is why we are making strategic investments, in partnership, so communities, businesses, and other organizations can develop the skills, acquire equipment, and build infrastructure needed to grow the economy, share their stories, and support well-being. These investments in innovative, locally-led solutions will help create good local jobs for Nunavummiut, both now and in the future.”
The Honourable Daniel Vandal, Minister of Northern Affairs
“Our government is investing to ensure Nunavut businesses and organizations continue to grow and expand, even during these challenging times. For over a decade, CanNor has played a pivotal role in supporting the Northern economy and their programs and knowledge will be even more valuable now as we begin to shift to post-pandemic economic development.”
The Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for CanNor
For more information, media may contact:
Press Secretary, Office of the Minister of Economic Development and Official Languages
Communications Advisor, Northwest Territories