An Inuit Business Perspective Northern Peoples, Driving the Northern Economy Northern Exposure 2015
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1 An Inuit Business Perspective Northern Peoples, Driving the Northern Economy Northern Exposure 2015 James Thorbourne President & CEO
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3 A Northern Perspec.ve
4 The Northern Economy Resource and Service Sector Driven Public Administration and Northern Services: Government Administration, Financial Services, Health Care, Transportation, Basic Infrastructure Resource related: Resource Exploration, Resource project development, resource extraction/operations
5 The Northern Economy Public Services/Transporta4on Explora4on Major Project Construc4on Long Term Projects
6 What are the Attractive Businesses? Services required to support the North Infrastructure required service the North Northern Products, Northern Resources Long term, ability to export
7 The Northern Economy Public Services/Transporta4on Major Project Construc4on Explora4on Long Term Projects
8 Inuit Businesses Across the North
9 Redefining the Approach to Business Capacity is built and is growing: Human resource capital Financial resources Business know how More Than Traditional Knowledge An Evolution: From by-standers to participants From clients to owners Investors
10 A Tale of Two Regions Impact of Procurement Policy for two Transportation Infrastructure Projects In the North Western Arctic The Inuvik to Tuktoyaktuk Road Nunatsiavut, Labrador Labrador Ferry Service
11 The Land Highway and the Marine Highway
12 Inuvik to Tuktoyaktuk Highway construc4on contract awarded JAN YELLOWKNIFE (January 10, 2014) The contract for the Northwest Territories largest infrastructure project is to be awarded to a company based in the territory. A no.fica.on of acceptance and authoriza.on to begin construc.on of the Inuvik to Tuktoyaktuk all- weather highway has been issued to EGT- Northwind Ltd., with a formal signing of the $229.3 million contract to follow.
13 In August 2012, the Department of Transporta.on was recognized by the Ins.tute of Public Administra.on of Canada (IPAC) for innova.ve management in engaging Aboriginal governments and the regional popula.on in planning and consulta.on for the Mackenzie Valley Highway project. The consulta.ons also included partnerships and capacity building within Aboriginal governments and at the community level.
14 Transporta4on and Works December 17, 2013 Inves4ng in Infrastructure Suppor4ng Communi4es and a Vibrant Economy Request for Proposals Issued for Labrador Marine Service The Provincial Government con.nues to advance its vessel replacement strategy with the announcement today of a request for proposals (RFP) to secure a single contractor to provide comprehensive marine services to Labrador over a 15- year term. In order to facilitate con4nued growth and prosperity throughout Labrador, we must improve marine transporta4on in the region. We look forward to partnering with a contractor to secure a faster, more efficient, long- term solu4on for ferry- dependent communi4es in Labrador. - The Honourable Nick McGrath, Minister of Transporta9on and Works and Minister Responsible for Labrador and Aboriginal Affairs
15 Labrador Opportunities
16 Labrador Opportunities Voisey s Bay Underground Aurora Energy Quest Rare Earth Minerals Town Center Goose Bay Iron Sands
17 Happy Valley Goose Bay The Hub Public Services/Transporta4on Major Project Construc4on Explora4on Long Term Projects
18 Our Conversations about Economic Development in Labrador Need to Change. It is no longer just about engaging the aboriginal business community for traditional knowledge It is not just about finding an aboriginal partner to gain a competitive political advantage It is about supporting real northern and aboriginal businesses
19 Our Conversations about Economic Development in Labrador Need to Change. Comprehensive Land Claims are not things to be avoided or considered irrelevant. Rather, Land Claims are a tool kit or road map to economic prosperity in Labrador and Northern Regions.
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