News and Updates
GNWT Submits Expressions of Interest for Federal Funding for Key Transportation Corridors
YELLOWKNIFE (September 12, 2017) - The Government of the Northwest Territories (GNWT) has submitted Expressions of Interest to the Government of Canada seeking funding for two major transportation infrastructure projects: construction of the Slave Geological Province Access Corridor (SGP); and projects to advance the Mackenzie Valley Highway(MVH). Making strategic investments in transportation infrastructure and securing funding for these particular projects is a key “Economy, Environment and Climate Change” mandate item of the 18th Legislative Assembly.
The Government of the Northwest Territories is committed to improving the quality of life for all its residents. A stronger NWT highway system will help reduce the cost of living, improve the business case for investment in our economy, and create opportunities for businesses and residents that will allow for healthier, more vibrant communities. Nation-building projects can happen in Canada's North. The advancement of these two transformative projects will not only improve the lives of Northerners and help us adapt to climate change, but will also help the Northwest Territories play a larger role in the Canadian economy, and for our residents, the opportunity for economic self-determination.
-Wally Schumann, Minister of Infrastructure
- The Federal Budget 2017 announced a second phase of the federal government’s Investing in Canada Plan, which will provide more than $180 billion over 12 years to support infrastructure projects across Canada.
- As part of this initiative, the federal government will invest $2 billion over 11 years for the National Trade Corridors Fund (NTCF) with $400M specifically targeted to transportation projects in the three Territories.
- Federal funding would provide up to 75% of eligible costs to territorial government project proponents.
- Submitting these Expressions of Interest is the first step in securing funding. Transport Canada will evaluate all Expressions of Interest and notify both successful and unsuccessful applicants within 30 business days from the date of submission as to whether a project proposal will be moving forward. Successful applicants will be invited to submit a comprehensive project proposal by no later than November 6, 2017.