Canadian Northern Economic Development Agency

Canadian Northern Economic Development Agency

October 15, 2010 14:08 ET

CanNor Paves the Way for City of Yellowknife Revitalization Project

YELLOWKNIFE, NORTHWEST TERRITORIES--(Marketwire - Oct. 15, 2010) - 

Editors Note: A photo for this release will be available on the Canadian Press picture wire via Marketwire.

The gateway to the City of Yellowknife will be revitalized with support from the Canadian Northern Economic Development Agency and the City of Yellowknife. This project will transform a portion of Old Airport Road into a commercial corridor, making it more attractive for residents, visitors and businesses.

Shelly Glover, Parliamentary Secretary to the Minister of Indian Affairs and Northern Development, on behalf of the Honourable John Duncan, Minister of the Canadian Northern Economic Development Agency (CanNor), today announced that CanNor will invest $980,000 towards a project to upgrade the Old Airport Road. The City of Yellowknife will contribute an additional $110,000, and the remaining $35,000 will come from private partners, for a total project value of $1.125 million.

"This project is an excellent example of how governments at all levels can work with private industry to create partnerships that benefit both business and the community," said Mrs. Glover. "Our Government is proud to support projects such as this that have both immediate and lasting economic benefits for Northern communities."

"This project will enhance the experience of tourists and residents entering Yellowknife, improve the City's core infrastructure, and create local jobs and business opportunities," said the Honourable Leona Aglukkaq, Member of Parliament for Nunavut, Minister of Health, and Minister Responsible for the North.

"Old Airport Road is one of three primary entrances into Yellowknife from both the airport and the main highway, acting as a 'gateway' to the city; it is also the largest stretch of commercial roadway fronting the city's capital area." said City of Yellowknife Mayor Gordon Van Tighem. "Improvements to the function and aesthetic of the route will create new opportunities for commercial business to develop, foster tourism by beautifying the route, and provide both immediate and long term job opportunities."

Funding for this project, which will improve the infrastructure and streetscape of the route, was made possible through CanNor's Community Adjustment Fund (CAF), part of Canada's Economic Action Plan. The CAF is a two-year, $1 billion national program that provides economic stimulus by supporting projects that create employment in communities impacted by the global recession. The fund will provide $32.8 million to Northern Canada.

The CAF is one of a suite of economic development programs that fall under the mandate of CanNor in the Northwest Territories, Yukon and Nunavut. CanNor is responsible for coordinating and delivering federal economic development activities in the territories, and for policy, research and advocacy. Promoting social and economic development in the North is one of the four pillars of the Government of Canada's integrated Northern Strategy.

For copies of CanNor news releases, visit: http://www.CanNor.gc.ca

To learn more about Canada's Economic Action Plan, visit and Canada's Northern Strategy, visit www.northernstrategy.ca/index-eng.asp

To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20101015-cannor_800.JPG

Contact Information

  • Office of the Honourable John Duncan
    Michele-Jamali Paquette
    Press Secretary
    819-997-0002
    or
    Canadian Northern Economic Development Agency, NWT Region
    Petra White
    Communications Advisor
    867-669-2580