The GNWT and the Government of Alberta recently signed a Memorandum of Understanding to help advance economic corridors for both regions.
The two governments are hoping that this Memorandum will increase the economic opportunities for both jurisdictions by linking them to new markets outside of western Canada. The agreement will be looking to enhance critical infrastructure and improve transportation networks. It will also attempt to reduce red tape and regulatory hurdles for commercial vehicles travelling between the two regions.
Caroline Wawzonek, the Deputy Premier for the NWT, called the agreement a “key step in our efforts to enhance coordination on economic corridors between our two jurisdictions. This collaboration underscores our desire to support regional connectivity, enhance transportation routes, and deliver reliable energy solutions, fostering sustainable growth for our communities. By working together, we can ensure lasting benefits for Northwest Territories and Alberta residents as well as the broader economy.”
In addition, the agreement will identify opportunities to attract private sector investment and partner with Indigenous communities on economic corridor development. As well, the two jurisdictions will jointly advocate to the federal government and other transportation stakeholders to advance shared economic corridor and transportation priorities.