Question Period Note: CanNor Accomplishments

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About

Reference number:
2024-2
Date received:
Mar 14, 2024
Organization:
Canadian Northern Economic Development Agency
Name of Minister:
Vandal, Dan (Hon.)
Title of Minister:
Minister responsible for the Canadian Northern Economic Development Agency

Issue/Question:

Recent Investments Supporting the North

Suggested Response:

• Between April 2023 and February 2024, CanNor allocated over $38 million across 112 projects that foster short and long-term economic development and job creation.

• Of these, over $24.5 million was allocated to 48 projects led or majority led by Indigenous recipients.

Background:

Territorial Examples:

Yukon
• CanNor has committed over $18.2 million across 60 projects in the Yukon.
• Of the projects supported in the Yukon, over $11.9 million was allocated to 25 projects led or majority led by Indigenous recipients.
• CanNor supported Mésdzih Eskiye Designs, an Indigenous owned fashion and accessory design and retail business, towards a project focused on business expansion, mentorship and training, and participation in local and national Indigenous fashion shows.

Northwest Territories
• CanNor has allocated over $8 million across 28 projects in the Northwest Territories.
• Of the projects supported in the Northwest Territories, over $3 million was allocated to 8 projects led or majority led by Indigenous recipients.
• CanNor supported the Temiskaming Native Women’s Support Group to develop and launch a pre-employment training and entrepreneurship program that supports the personal and professional development of Inuit, First Nations, and Métis women.

Nunavut
• CanNor has committed over $11.9 million across 24 projects in Nunavut.
• Of the projects supported in Nunavut, over $9.6 million was allocated to 15 projects led or majority led by Indigenous recipients.
• CanNor supported the Nunavut Fisheries and Marine Consortium (NFMTC) to develop and implement a mentoring program, aimed at increasing Inuit representation in the marine industry of Nunavut.

Additional Information:

• Guided by its Pan-territorial Growth Strategy, CanNor continues to invest in key areas with significant potential to contribute to economic growth, including:
o a skilled northern workforce;
o major infrastructure projects;
o sustainable development of the mining and energy sectors; and
o economic diversification and innovation.