Yellowknife, NWT – The development of new mines, infrastructure and tourism.
All are reasons why the Northwest Territories Economic Outlook for 2014-15 shows record economic growth in the N.W.T by 2017.
Industry, Tourism and Investment Minister David Ramsay released the report last Thursday, which focuses on the N.W.T economy and major industries like mining, oil and gas, tourism and construction.
The report identifies nine major projects representing $4.5-billion in planned investment expected to be advanced in the next 10 years.
The N.W.T Economic Outlook is in line with the Conference Board of Canada’s forecast that development in the N.W.T will lead to resident employment as high as 25,000 by 2018.
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