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Canada’s Economic Action Plan Supports Yukon Business Development And Economic Conference

by NationTalk on September 22, 2009571 Views

WHITEHORSE, YUKON – Sept. 22, 2009 – Senator Daniel Lang, on behalf of the Honourable Chuck Strahl, Minister of the Canadian Northern Economic Development Agency (CanNor), today announced funding for two projects that support business development in the Yukon.”These two projects build on existing strengths in Yukon, encourage development and investment in the territory’s economy, and help create jobs,” said Senator Lang. “Investments in projects like these, made possible because of Canada’s Economic Action Plan, reinforce business relationships and provide learning opportunities for Yukon’s business community.”

“The Yukon’s First Nation businesses play a significant role in the economic development of the North,” said the Honourable Leona Aglukkaq, who is Minister Responsible for the North and Minister of Health.

Funding through Canada’s new Community Adjustment Fund (CAF) will provide business support to the Whitehorse Chamber of Commerce (WCOC). The WCOC will receive $192,142 this fiscal year towards its successful Yukon Business Development Project (YBDP). The YBDP provides advisory services to selected Yukon businesses with high growth potential. It supports businesses with expert knowledge and resources to reach the next level of commercial success.

“The Whitehorse Chamber of Commerce is very thankful for the continued support from CanNor,” said Muriel Chalifoux, Chair of the WCOC. “We will now be able to expand the scope of this project and, in partnership with the Yukon Government, have a significant impact on the diversification and growth in Yukon’s economy.”

The second annual Foundations Economic Conference is made possible through a contribution from CanNor, under the renewed Strategic Investments in Northern Economic Development (SINED) program as part of Canada’s Economic Action Plan (http://www.marketwire.com/press-release/Ressources-Naturelles-Canada-1048405.html) and the Community Support Services Program (CSSP).

“YIDC is very pleased to help bring Yukon First Nations businesses and economic development representatives together with the broader Yukon business community for this event,” said Stanley Noel, CEO of the Yukon Indian Development Corporation. “While Yukon First Nations are already successful business owners, I suspect there exist many more opportunities and events like this will help bring the right people together to make new ventures successful.”

SINED, CAF, and CSSP are administered by CanNor, a newly established agency responsible for coordinating and delivering federal economic development activities in the territories, and for policy, research and advocacy.

This announcement reinforces the Government’s work to advance an integrated Northern Strategy that will strengthen Canada’s Arctic sovereignty, protect the North’s environmental heritage, promote social and economic development, and improve and devolve northern governance.

This release and backgrounder are also available on the Internet at http://www.north.gc.ca/mr/nr-eng.asp

For more information, please contact

Office of the Honourable Chuck Strahl
Press Secretary
819-997-0002

or

Canadian Northern Economic Development Agency (CanNor),
Yukon Region
Marie-Louise Boylan
Senior Communications Officer
867-667-3854

or

Whitehorse Chamber of Commerce
Rick Karp
President
867-667-7545

or

Yukon Indian Development Corporation
Stanley Noel
Chief Executive Officer
867-334-9432 or 867-668-3908

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