Real gross domestic product fell eight percent in the NWT last year – the largest drop endured by the territory's GDP since 2011 – according to a new estimate.
Ottawa is buying space on Telesat's new network for reduced-rate internet in remote Canadian communities. What that'll end up looking like remains to be seen.
The NWT government will set new Indigenous employment targets for every department and introduce updated cultural awareness and sensitivity training.
The NWT's finance minister introduced a bill to halve the small business tax rate, while launching what she called a "fundamental shift" in the GNWT's budget.
The NWT is still unsure its carbon tax will have a meaningful climate impact, even as its first annual report on the tax suggested a modest emissions reduction.
The City of Yellowknife’s annual surplus is expected to be around $3.5 million lower than budgeted this year, due to Covid-19 and delays in capital projects.
Dominion Diamond Mines could seek a form of federal bailout after the sale of its Ekati mine collapsed. Liquidation isn't out of the question, a director said.
Smaller communities will pay the same as residents in Yellowknife when unlimited internet rolls out in the months ahead, Northwestel's president says.
The future of the NWT's Diavik mine is now "at risk," managers say, with Diavik operator DDMI owed $120 million by financially stricken minority owner Dominion.
The NWT government is extending its wage top-up program for low-income workers, which raises the minimum wage to $18 an hour, until February 28.
Inclusion NWT this week praised Yellowknife's small business community for its continuing commitment to workers with disabilities during the Covid-19 pandemic.
The barrier to attracting more mines to the NWT is not taxes and royalties but the sheer cost of operating, a study found. One MLA disputed the report's worth.