Grants and Contributions:
The project will boost local economic activity by generating jobs both during the construction phase and in ongoing operations. Improved helicopter readiness will strengthen emergency services and support economic sectors reliant on air transport, thereby increasing regional resilience and community safety. Specifically, the initiative is projected to create ten new jobs during construction, retain six existing positions, and introduce four additional roles for ongoing operations. This substantial job creation underscores the project's positive impact on the local economy. Furthermore, the enhanced infrastructure will improve TNH’s operational efficiency, leading to increased revenue through enhanced service capabilities and greater customer satisfaction.
Inclusive Diversification and Economic Advancement in the North (IDEANorth) makes foundational investments in economic infrastructure, sector development and capacity building to help position Northerners in the territories to take advantage of Canada's innovation economy. The IDEANorth program focuses on four priority areas: economic growth and sector development; business scale-up, productivity and innovation; small-scale economic infrastructure development; and foundational economic infrastructure.