Construction Begins for River Bend in Whitehorse

WHITEHORSE, YUKON--(Marketwired - Oct. 4, 2016) - The Ta'an Kwäch'än Council (TKC), Da Daghay Development Corporation (DDDC), along with the Government of Yukon, in partnership with the Government of Canada, and the City of Whitehorse, held a Partnership Celebration for the River Bend development in Whistlebend today.

"This is a proud moment for all Ta'an Kwäch'än citizens," Chief Kristina Kane of the Ta'an Kwäch'än Council said. "This is a significant project which has created new jobs for our citizens as promised, opened new doors for capacity development, all while providing new affordable housing for Ta'an Kwäch'än citizens."

Da Daghay is a major sponsor of the 2016 Cando Conference, which is being held in Whitehorse. As part of the conference, Da Daghay is hosting a Partnership Celebration to showcase their development.

"We are setting a new standard for local procurement and capacity development within our community and the Ta'an Kwäch'än Council." Ben Asquith, CEO of Da Daghay Development Corporation said. "This project has been several years in the making and we are excited to be offering new, affordable housing solutions to TKC citizens and Yukoners."

"Our Government is committed to increasing affordable housing options across Canada, including Whitehorse, "said Larry Bagnell, Member of Parliament for Yukon, on behalf of the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation. "I want to offer my heartfelt congratulations to all the partners involved in the River Bend development. I also want to thank all of you for the great work that you are doing to support career and training opportunities for Ta'an Kwäch'än citizens and Yukoners."

"This project is a great example of our government working with a First Nation development corporation to bring positive change to a community," Premier Darrell Pasloski said. "With Da Daghay leading the way, River Bend is creating jobs and opportunities for Ta'an Kwäch'än citizens and will soon provide safe and secure housing for Yukoners."

"The City is pleased to be supporting this project through our Development Incentives Policy," said Mayor Dan Curtis. "Opportunities that benefit Whitehorse citizens are important to the City and I am looking forward to the positive impact this will bring to our community."

"The Yukon government is proud to be a partner in this innovative project," Minister responsible for the Yukon Housing Corporation the Honourable Stacey Hassard said. "As always, we value the federal support of Yukon-built solutions to our affordable housing needs. I thank everyone involved for their hard work and dedication to making this project a reality."

"We are honoured to support the River Bend project, an important initiative for Ta'an Kwäch'än community," said Alicia Dubois, Vice President, Indigenous Markets, CIBC. "We value the Da Daghay Development Corp. as our client, and want to congratulate all of the partners who have come together to make this development possible. On behalf of CIBC, I am delighted to take part in this Partnership Celebration."

Evergreen Homes and Construction was selected as the contractor for this development. Owner and Operator, Joe Glynn, is working with Da Daghay Development Corporation to ensure that TKC citizens and TKC owned businesses are provided employment and contract opportunities during the construction of River Bend.

Da Daghay Development Corporation (DDDC) is a privately held corporation located in Whitehorse, Yukon Territory. DDDC was incorporated in 1989 and is owned by its sole shareholder, Ta'an Kwäch'än Council. For further information, please contact Ben Asquith, CEO of DDDC at dadaghay@northwestel.net or 867-332-7898. Alternatively, you can visit the Dev Corp website at www.dadaghay.ca

CMHC has been helping Canadians meet their housing needs for more than 70 years. As Canada's authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to Canadian governments, consumers and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of CMHC's operations. For more information, please call 1-800-668-2642 or follow us on Twitter, YouTube, LinkedIn and Facebook.

The Yukon Housing Corporation was established in 1972 under the Housing Corporation Act. Yukon Housing Corporation has a broad mandate to address the housing needs of Yukoners, and develops and administers a variety of programs and services that supports this mandate, including loans, grants, building science research, education programs, staff housing, and social housing.

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