Backgrounder - CanNor Invests in First Nations Economic Development

CanNor will provide $52,380 to the Nacho Nyak Dun First Nation who will partner with the Vuntut Gwitchin First Nation, the Tr'ondek Hwech'in and Tetlit Gwitch'in First Nation to host the Northern Partnerships Summit, a two-day conference on economic development that will take place on May 19-20, 2010, in Dawson City, Yukon.

This conference will bring a number of representatives of Yukon First Nations, other governments and industry together to discuss business and partnership opportunities in the North.

The Summit will provide delegates with practical knowledge on economic development with expert speakers and panellists from Yukon and out of territory.

The conference, which is expected to cost $93,080, is being funded through partnerships with the federal and territorial governments and the private sector.

The First Nation of Nacho Nyak Dun represents the most northerly community of the Northern Tutchone. The First Nation of Nacho Nyak Dun resides in the community of Mayo, Yukon, has a membership of 435 and became a Self Governing First Nation in 1993.

CanNor Programs

The investment for this project was made possible through CanNor's Strategic Investments in Northern Economic Development (SINED) program, which focuses on long-term economic growth, economic diversification and capacity building in the three territories.

SINED is one of several economic development programs within CanNor. CanNor is responsible for coordinating and delivering Canada's economic development activities across the North, and for related policy development, research and advocacy.