NWT Promoted as First-Rate Location for New Businesses

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December 5, 2018

The NWT is no stranger to having people and companies from outside Canada invest and start businesses. In fact, we can attribute much of the territory’s economic success to this phenomenon.

This past week, officials from the GNWT’s Department of Industry, Tourism and Investment headed to Ottawa for the 2018 Entrepreneur and Investor Immigration Summit. Dave Nightingale, Director of Business Support and Trade led the NWT contingent.

Nightingale presented to a crowd of industry professionals on the NWT as a premier location for prospective immigrants to invest and start businesses.

Photo: Dave Nightingale presented the NWT along with representatives from Yukon and Ontario. Credit: Kristi Swihart.

Nightingale presented on the business streams of the Northwest Territories Nominee Program. People who want to immigrate to the Northwest Territories to start their own business or invest in and operate an established company may apply. 

“The summit was a good opportunity to present the NWT to hundreds of immigration professionals that work to attract and facilitate immigration in Canada,” said Nightingale.

The Program is delivered in partnership between the GNWT and Immigration, Refugees and Citizenship Canada.  The business stream of the Program is designed to attract business expertise to start and invest in a start-up business to enhance the NWT’s economy.

Since 2015, 34 individuals and businesses have been invited to apply after initial screening. Most are in the NWT implementing their Business Performance Agreement, or  in the process of applying for work permits and due to arrive in 2019.

Click for more information on immigration for investors and entrepreneurs.