Grants and Contributions:

Title:
REGIONAL ECONOMIC STIMULUS STRATEGY PROJECT
Agreement Number:
1819-CN-000087
Agreement Value:
$129,500.00
Agreement Date:
Feb 27, 2019 - Mar 31, 2020
Description:
The strategy will enable the Inuvialuit Regional Corporation to determine which sectors of their economy should be focused upon with respect to identifying investment opportunities for expansion and diversification purposes. The project is expected to help mitigate the negative impacts on the regional economy stemming from the ongoing decline in the oil and gas energy sector.
Organization:
Canadian Northern Economic Development Agency
Expected Results:

As a result of the project, the Inuvialuit Regional Corporation will have identified the key potential anchor investments, likely infrastructure, which will have the best chance of attracting investment and further economic development through secondary and tertiary industries in the Inuvialuit Settlement Region.

Location:
INUVIK, Northwest Territories, CA X0E0T0
Reference Number:
1819-CN-000087
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Type:
Indigenous recipients
Recipient's Operating Name:
INUVIALUIT REGIONAL CORPORATION
Recipient's Legal Name:
9078 - INUVIALUIT REGIONAL CORPORATION
Federal Riding Name:
Northwest Territories
Federal Riding Number:
61001
Program:
Community Readiness Opportunities Planning
Program Purpose:

To improve the economic development capacity of Aboriginal communities and increase economic development in the three territories.