Debates of February 5, 2026 (day 74)
Question 942-20(1): Government of the Northwest Territories Investment Strategy
Thank you, Mr. Speaker. My questions today are for the Minister of Industry, Tourism and Investment around what progress has been made on some of the promised economic and investment strategies.
So the 2030 tourism strategy was slated to be complete by March 2025. That was my understanding. So what is the status of that strategy; when is it going to be released and start to be implemented? Thank you, Mr. Speaker.
Thank you, Member from Yellowknife North. Minister of ITI.
Thank you, Mr. Speaker. So, Mr. Speaker, the tourism 2030 strategy is on time. It is slated to be released this spring. And as soon as it is released, it will be implemented right away so people will be able to use the strategy to its full advantage right away. And committee will have an offer for both a technical briefing and a public briefing very shortly from me. Thank you.
Thank you, Mr. Speaker. So I look forward to further conversations on how we can get going on that.
The business plans for ITI have also identified an investment strategy that it's working on, and this isn't clear to me so I wonder if the Minister can clarify whether that investment strategy is focused on GNWT investment to stimulate the economy or on attracting more private investment or both. Thank you, Mr. Speaker.
Thank you, Mr. Speaker. So, Mr. Speaker, the investment strategy really is a whole-of-government approach in order to really increase the size of our pie. So it is attracting third party investment from outside the territory to the Northwest Territories and is really looking to, one, build our opportunities, so both for new and emerging sectors here in the Northwest Territories, grow existing sectors, and also connect the rest of the world to the Northwest Territories. Thank you.
Thank you, Minister of ITI. Final supplementary. Member from Yellowknife North.
Thank you, Mr. Speaker. So can the Minister tell us what is the timeline for that investment strategy, when the public will get to see it? Or what is happening now? What stage are we at and what is the timeline? Thank you, Mr. Speaker.
Thank you very much, Mr. Speaker. So our first step is to finalize our economic vision and have this strategy really feed into that and ensure that what we're doing beyond that aligns. It's important to note that our investment strategy isn't just focused, for example, on minerals, it isn't just focused on tourism. It really is an all-of-government approach, and it's really important that we consider things like housing investment, that we consider things like DND, that we consider our health. Our health sector is also an economic sector. And so it really requires an all-of-government approach to widening and broadening and increasing the size of the pie here in the Northwest Territories. Thank you.
Thank you, Minister of ITI. Oral questions. Member from Monfwi.