Grants and Contributions:

Title:
Expansion of 192 Condor Rd. – Rotary-Wing Hangar
Agreement Number:
2425-CN-000089
Agreement Value:
$99,999.00
Agreement Date:
Sep 4, 2024 - Mar 31, 2025
Description:
True North Helicopters Ltd. is receiving $99,999 towards a one year $1,692,530 project to construct a new hangar facility in the Yukon to enhance operational readiness and efficiency for helicopter services, addressing current infrastructure constraints.
Organization:
Canadian Northern Economic Development Agency
Expected Results:

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.

Location:
Whitehorse, Yukon, CA Y1A 0P5
Reference Number:
0780-2024-2025-Qrt3-0000015
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
792132938
Recipient Type:
For-profit organization
Recipient's Operating Name:
TRUE NORTH HELICOPTERS LTD.
Recipient's Legal Name:
TRUE NORTH HELICOPTERS LTD.
Federal Riding Name:
Yukon
Federal Riding Number:
60001
Program:
IDEANorth
Program Purpose:

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.