Canadian Northern Economic Development Agency

Canadian Northern Economic Development Agency

April 15, 2010 15:54 ET

Tourism in Yukon Supported by CanNor

WHITEHORSE, YUKON--(Marketwire - April 15, 2010) - Montana Mountain Bike trails will be built and three other major tourism projects will move forward thanks to significant investments by the Carcross Tagish Development Corporation. The investments have been made possible by the Canadian Northern Economic Development Agency which is energizing the tourism sector in Yukon.

Senator Daniel Lang made the announcement today on behalf of the Honourable Chuck Strahl, Minister of the Canadian Northern Economic Development Agency (CanNor).

"People come from around the world to explore Yukon's natural beauty and take part in hiking, other outdoor sports, and interpretative activities built upon Yukon's rich history and unique Aboriginal cultures, " said Senator Lang. "Investments in these projects will build on the territory's strengths, supporting and diversifying our growing tourism industry."

"Tourism plays an important role in Yukon's economy by generating revenue for local businesses and providing employment and training opportunities for local residents," said the Honourable Leona Aglukkaq, Minister Responsible for the North and Minister of Health. "This funding will support the industry's continued growth."

"Our economic aspirations are to create a viable private sector economy in which local opportunities are realized," said Justin Ferbey, Chief Executive Officer, Carcross Tagish Management Corporation. "CanNor's investment in our projects represents seed capital in our community that we hope will lead to a virtuous spiral of jobs, training, entrepreneurship, and improved self sufficiency. These are early investment days, but CanNor's financial assistance is creating a solid foundation for us to build on."

A total investment of $355,770 from CanNor to the Carcross Tagish Development Corporation will support four tourism-related initiatives. They will include current tourism activities such as the planning, design, and construction of bike trails around Montana Mountain, as well as assessments for future tourist accommodations, historic preservation, and other major tourism projects.

Investments are made possible through the Strategic Investments in Northern Economic Development (SINED) program. SINED is one of several economic development programs within CanNor which is responsible for coordinating and delivering Canada's economic development activities in the territories, and for related policy development, research and advocacy.

For copies of CanNor news releases, visit:

To learn more about Canada's Economic Action Plan, visit and for more information on Canada's Northern Strategy, visit

Contact Information

  • Office of the Honourable Chuck Strahl
    Michelle Yao
    Press Secretary
    Canadian Northern Economic Development Agency
    Kathleen McLeod
    Senior Communications Advisor