Business

NNSL Business and Industry Stories

AWG licence plates attract attention

The most unique and sought-after souvenirs of the South Slave Arctic Winter Games (AWG) might be – perhaps surprisingly – licence plates. But they are not just any old licence plates. They are the iconic NWT...
At least one NWT employee of Great Slave Helicopters was laid off last week. Many others at the company's Calgary base were also let go. NNSL file photo

Discovery Air granted creditor protection, ‘business as usual’ for subsidiaries

Discovery Air, parent company of Air Tindi and Great Slave Helicopters, has been granted protection from creditors by the Ontario Superior Court while it arranges for the sale of its subsidiaries. Protection was given to...

Japanese bakery finally set to open

After seizing first place in the Win Your Space YK contest last year, which earned him a free one-year lease in downtown Yellowknife, business owner Seiji Suzuki expects his Japanese-style bakery Ja-Pain to open...

Advocates raise alarm over lack of Northern, Indigenous hiring targets for Giant remediation

Without hiring targets for Northern and Indigenous workers, local communities will not benefit from Northern Canada's largest-ever remediation project, say local advocates and politicians. Last month, the federal government named California-based remediation firm Parsons the...

Action at Pine Point

Pine Point’s new owner is signaling an aggressive push towards getting the site’s lead-zinc stores estimated and the financial feasibility of the project defined. Osisko Metals Inc. announced it had acquired Pine Point Mining Ltd....

Junior mining company expands staked claims

Vancouver-based TerraX Minerals has increased its staked claim area by 75 per cent, adding 337 square-kilometres to the North of its current properties. The land is "unmatched in gold potential by any other junior mining...

Osisko Metals completes acquisition of Pine Point

Osisko Metals Incorporated has completed its acquisition of Pine Point Mining Limited. "We are pleased to have concluded the transaction with Pine Point, allowing Osisko Metals to advance its goal of becoming a leading base...

Kivalliq clothing talent on the rise

Arviat-based Hinaani Design was recognized for its craft work by capturing the 2018 Northern Lights Best Product Award during the mammoth trade show's closing banquet in Ottawa on Feb. 3. The company is the brainchild...

LABOUR VIEWS: PSAC calls on the North to support a Living Wage

by Jack Bourassa Robots invading, jobs and businesses dying, total income declining, prices skyrocketing. How the conservative business interests of this country love to spread fear among workers. I’ve used this space in the past half...
The Explorer Hotel in Yellowknife during a recent rennovation. Tourists in the city could soon pay a 4 per cent levy on accomodations. NNSL file photo.

Tourism continues to fill hotels, despite new rooms in town

A new hotel opening since last year has not stopped the city from being consistently booked solid this peak season. The tourism season is known to peak twice throughout the year – once in August...

You’ll be workin’ on the railroad

A company is setting up a new operation in Hay River and it is looking for employees to help them do that. Cando Rail Services plans to hire five or six people to provide services...

Virtual reality of recruiting

Agnico Eagle Mines (AEM) reached out to prospective employees in a big way this past week. AEM took part in its first virtual career fair on Feb. 6 and 7, with people around the globe...

Fish plant announcement on its way, says minister

The GNWT won't be breaking ground this spring for a new fish plant in Hay River but that doesn't mean plans aren't in the works. In October, it announced that, after discussion with the federal...

New marine training facility announced

A new marine training facility has been announced to be established in a section of the old headquarters building of the defunct Northern Transportation Company Ltd. (NTCL). In a Feb. 2 news release, the federal...

Promising signs at Ptarmigan Mine

TerraX Minerals Inc. fell short of its $10 million exploration goal, but there are promising signs at the old Ptarmigan Mine site, recently purchased by the company. “Through ... sampling we've been able to determine...

Power corp. wants one rate for all Nunavummiut

Qulliq Energy Corp.'s (QEC) latest bid to standardize power rates across the territory won't be an easier sell than it was in 2014, when Paul Okalik, then minister responsible, cancelled such plans. The same communities...

Qulliq studies ways to reduce diesel use

Qulliq Energy Corporation is looking for affordable ways to reduce diesel use and an Ontario-based company is trying to prove its variable-speed generators are the answer. Innovus Power boasts a recent University of Waterloo study...

Full environmental review for Grays Bay Road and Port project

The proposed $500-million Grays Bay Road and Port project will undergo a full environmental assessment, the federal government revealed last week. In a letter to the Nunavut Impact Review Board (NIRB) on Jan. 15, the...

AWG Host Society gets another Chase the Ace

The Town of Hay River has awarded a licence for the next Chase the Ace, and it goes once again to the 2018 South Slave Arctic Winter Games Host Society. It had the licence for...

Pine Point Mining target of friendly acquisition

Pine Point Mining Ltd. – which has been exploring deposits remaining from a former mining operation east of Hay River – is now the target of a takeover bid. On Dec. 18, Osisko Metals Inc....

Dark age for Northern oil

Just before Christmas, the joint venture behind the Mackenzie Gas Project announced the project was finally, officially dead. “Thank God they put it out of its misery,” says oil and gas consultant Doug Matthews. Now...

Driftwood Diner closes after six-and-a-half years

Hay River has lost one of its restaurants. Just before Christmas, Driftwood Diner closed after six-and-a-half years of operation. Jane Groenewegen, who owned the restaurant with her husband, Rick Groenewegen, explained the closure was largely due...

First Mining and Exploration awards digs deep

The Northwest Territories and Nunavut Chamber of Mines paid tribute to leaders in mining and exploration at the inaugural Mining and Exploration (MAX) Awards last month. The ceremony recognized people and companies who demonstrated responsible...

$40-billion housing strategy highlights Northern needs

A number of people weighing in on Canada's National Housing Strategy are giving the federal government a pat on the back for acknowledging the North's unique housing needs. Prime Minister Justin Trudeau released the long-awaited...

Mine shines bright

Gahcho Kue Mine released third-quarter results this week. During the first 10 months of 2017, the mine – owned and operated by De Beers Canada and Mountain Province Diamonds – produced over five million diamond...

Signs of life in NWT mining

A resurgent diamond industry and an increase in staking, offset by 437 cancelled claims, marks this past year as one of tempered optimism for the NWT mineral industry. Last week, the GNWT released its Northwest...

Local languages at grocery stores

The North West Company has translated 80 to 100 items into a local Indigenous language at each of 15 stores across the NWT, as well as in Nunavut and Alaska, as of last month. “We...

Entrepreneur hopes to rebuild society for interpreters/translators

An entrepreneurial interpreter/translator is aiming to rebuild a professional society for those who work in the field. Eileen Kilabuk, owner of Edmonton-based Inuktut Translations, is seeking peers interested in joining an association, looking into the...

Arbitration rolls on between Northland Utilities and Town of Hay River

It has been almost a year since the electricity franchise for the Town of Hay River officially expired with Northland Utilities (NWT) Ltd. However, the company is still distributing power to the community as a...

Aviation deal struck

Nunavut-based Sarliaq Aviation -- in partnership with Quebec transporter Nolinor Aviation -- has signed a 10-year deal with Agnico Eagle Mines to provide air transportation for employees and cargo from Montreal and Abitibi-Temiscamingue to...