The NWT needs an economic foundation of increased exploration and new mines to build and diversify its economy.

And, for money managers looking to invest, the NWT has a lot to offer.

That’s why Minister Wally Schumann is in Toronto this week to meet with members of the investment community. He’ll be working to increase their awareness, knowledge and understanding of the NWT’s world-class mineral potential; and to highlight GNWT’s efforts to improve the investment climate for mining.

Short term financial incentives like increasing the Mineral Incentive Program are already demonstrating the government’s commitment to restoring a level of investment interest.

The Minister will also point to longer term road and infrastructure projects, the ongoing implementation of the Mineral Development Strategy and work that has begun to create a new Mineral Resources Act as examples of the NWT’s interest in advancing new exploration projects.

Of particular interest to investors will be the GNWT’s ongoing partnership with Aboriginal and community governments to build strong, predictable processes that meet the needs of both industry and community.

Aboriginal governments and development corporations lead the way when it comes to servicing and supplying the NWT’s working mines.

Meanwhile, the Intergovernmental Council is a pioneering body in Canada providing the NWT’s Aboriginal governments direct input into land and resource management —enhancing Aboriginal participation and fostering respect between Aboriginal Governments and industry.

And exploration investment in the NWT is much more than the development of resources and the economy. Mining projects directly contribute to the health and well-being of NWT residents with employment and business opportunities and royalties that fund public services like healthcare, education, and other vital social programming.

Minister Schumann will be meeting with companies and investors that recognize and can share in the GNWT’s vision of a stronger prosperous NWT.