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NWT Chamber of Commerce: The futureSA国际影视传媒檚 SA国际影视传媒榞ently rapping, rappingSA国际影视传媒 at the ChamberSA国际影视传媒檚 door

Next year, the NWT Chamber of Commerce marks 50 years of working to strengthen private business development as the basis of economic and social progress in the Northwest Territories.
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NWT Chamber directors met recently for a day-long Sunday session in Yellowknife to develop a new three-year strategic plan. With directors across the territory, several joined via Zoom. Clockwise from top left, president Yanik DSA国际影视传媒橝igle, Newton Grey, Mike Scott, Wally Schumann and John Henderson listen to Jeremy Dixon on the screen. James OSA国际影视传媒機onnor photo

Next year, the NWT Chamber of Commerce marks 50 years of working to strengthen private business development as the basis of economic and social progress in the Northwest Territories.

Over those five decades, our organization has managed to remain a going concern, despite facing many of the same challenges faced by our members. ItSA国际影视传媒檚 not an easy life in the North, what with brutish weather, challenging transport and, until welcome upgrades in recent years, an internet no better than two cans and a string.

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We are a small population in an expansive land. We have a unique economy dominated by the public sector. Our membership has ranged from hardscrabble surveyors and prospectors to determined entrepreneurs staking their own sales or services claims in communities large and small.

Later on, our membership grew with national companies and multi-national corporations, as gold gave way to diamonds as the NWTSA国际影视传媒檚 economic driver. We have Indigenous, Inuit and M茅tis people forging their own governments and economic arms SA国际影视传媒 some with incredible success.

At the NWT ChamberSA国际影视传媒檚 AGM in 2013, then-premier Bob McLeod delivered a decidedly optimistic forecast for the territorySA国际影视传媒檚 economy, which had just emerged from a dark time.

SA国际影视传媒淭here has never been a more important time for us to look ahead, past the limitations that exist today, to envision a vibrant, diversified economy where entrepreneurship and risk are rewarded,SA国际影视传媒 he said. SA国际影视传媒淭ogether, we in CanadaSA国际影视传媒檚 Northwest Territories are now poised to take a monumental step forward.SA国际影视传媒

McLeod was speaking at a time when post-recession recovery was in full swing and devolution was just a year away. And we certainly did enjoy a few really good years.

But for myriad national socio-political and global economic reasons, we never met the Conference Board of CanadaSA国际影视传媒檚 prediction of a decade ago that the NorthSA国际影视传媒檚 GDP would double by 2020. Then came the two years of the pandemic.

As we pull ourselves out of these inflationary times SA国际影视传媒 and hopefully sidestep a major recession SA国际影视传媒 2023 can be deemed a critical year for the NorthSA国际影视传媒檚 economy, especially in light of a territory-wide general election in the fall.

As the person charged with ensuring this non-profit is ready for its next 50 years, and with apologies to Edgar Allan Poe, I do hear the future SA国际影视传媒済ently rapping, rappingSA国际影视传媒 at the ChamberSA国际影视传媒檚 door.

The NWT ChamberSA国际影视传媒檚 board of directors is developing a new three-year strategic plan to refine our mission, sharpen our vision and enhance our core objectives. We are reviewing how to connect best with regions without community chambers, while also determining how to work best with communities such as Hay River and Norman Wells, who do have registered and active chambers.

One thing is for certain as the NWT Chamber looks ahead to 2023, we want to increase overall membership to provide more informed regional insight and to ensure our long-term viability as a business lobby organization that exists largely through membership dues.

We also hope to build relationships and increase participation from First Nations, Inuit and M茅tis business owners and managers, to help foster inclusive economic growth.

Former premier McLeod had a vision of a strong and prosperous Northwest Territories that would provide benefits and opportunities to all people and regions.

He said to be effective, partnerships would be the key. As we move into 2023, McLeodSA国际影视传媒檚 words still ring so true: SA国际影视传媒淎ll of us, the Government of the Northwest Territories, Aboriginal and community governments, business and civil society, have an interest in the future of our territory. If we are to move forward, we will need to do it together.SA国际影视传媒





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