Governments of Canada and Nunavut support creation of new economic development strategy for territory

Partners come together at Sivummut IV Conference to set new course for economic development strategy in Nunavut

IQALUIT, NU, Dec. 2, 2014 /CNW/ - Minister Aglukkaq and Nunavut's Minister of Economic Development and Transportation George Kuksuk announced today an investment for the Nunavut Economic Forum's Sivummut IV Conference, where key partners will discuss and develop a renewed Nunavut Economic Development Strategy.

The Sivummut IV Conference is bringing together government officials, non-government organizations, and private sector groups from across Nunavut in Iqaluit to discuss advancing economic growth and development in the territory. The conference will focus on strategic planning for Nunavut's economy, and a renewed Nunavut Economic Development Strategy 2014-24.

Quick Facts

• CanNor is investing $190,000 to support the conference and the completion of the renewed Nunavut Economic Development Strategy, along with the Government of Nunavut which is contributing $223,000 and the event's sponsors, who are providing an additional $30,000. The total investment for the Nunavut Economic Forum including Sivummut IV Conference is $443,000.
• The Nunavut Economic Forum was created in 2004 with a mandate to oversee the implementation of the first Nunavut Economic Development Strategy. It has 33 active members, including Nunavut Tunngavik Inc., the Nunavut Association of Municipalities, the Baffin Regional Chamber of Commerce and Nunavut Tourism, along with many others.
• The first Nunavut Economic Development Strategy improved collaboration in numerous economic sectors and led to the development of specific strategies for tourism, mining, fisheries, as well as for the arts and crafts sector.

Quotes

"Our Government is proud to contribute to projects that support strong, sustainable and prosperous northern communities. Our investment in a renewed economic development strategy for Nunavut and collaboration with our partners at Sivummut IV will provide long-term direction for economic growth across the territory over the next decade."

Leona Aglukkaq
Minister of the Environment, Minister of the Canadian Northern Economic Development Agency, and Minister for the Arctic Council

"The Government of Nunavut supports economic growth through responsible development across all sectors. This Sivummut IV Conference is an opportunity for partners to come together to determine how the new Nunavut Economic Development Strategy will support meaningful development and foster an improved quality of life for Nunavummiut."

George Kuksuk
Nunavut's Minister of Economic Development and Transportation

Associated Links  

Minister Aglukkaq announces support for business development in Baffin Region
http://news.gc.ca/web/article-en.do?nid=895369

CanNor Supports Economic Development in Nunavut
http://www.cannor.gc.ca/eng/1385149620322/1385149684460

CanNor Supports Improved Communications Technology in Nunavut
http://www.cannor.gc.ca/eng/1387556684104/1387556742752

SOURCE: Canadian Northern Economic Development Agency (CanNor)

For further information, please contact: Office of the Honourable Leona Aglukkaq, Ted Laking, 819-997-1441; Canadian Northern Economic Development Agency, Craig Welsh, Communications Advisor, Nunavut Region, 867-975-3722; CanNor works to help develop a diversified, sustainable and dynamic economy across Canada's three territories, and delivers on its northern mandate through funding programs, the Northern Projects Management Office and by undertaking policy and research.; Government of Nunavut, Matthew Illaszewicz, Manager, Communications, 867-975-7818; For more information about CanNor, visit cannor.gc.ca; For more information on Canada's Northern Strategy, visit: northernstrategy.ca