WHITEHORSE, Nov. 7, 2013 /CNW/ - Ryan Leef, Member of Parliament for Yukon, on behalf of the Honourable
Leona Aglukkaq, Minister of the Environment, Minister of the Canadian
Northern Economic Development Agency (CanNor), and Minister for the
Arctic Council, today announced an investment that will support First
Nations to identify economic and business opportunities associated with
supplying natural gas to the Yukon.
"Our Government recognizes that responsible resource development in the
North has the potential to create training, employment and business
opportunities," said Yukon Member of Parliament, Ryan Leef. "We are
committed to working with our territorial and First Nation partners to
help build a sustainable and diversified economy that will benefit
Northerners and all Canadians."
Government of Canada's investment of $1 million over two years will
support Dempster Energy Services (DES) to develop industry partnerships
and research the costs of displacing diesel generation by supplying
natural gas to the Yukon and potentially transitioning to a local gas
supply if one is developed in Yukon. With contributions from First
Nations partners, this project represents an investment of up to $1.5
million. The project builds on previous research and readiness planning
activities to provide clear direction on how the region can maximize
opportunities to provide natural gas to Yukon communities and mining
"Dempster Energy Services and their partners are excited about taking
the lead in finding a clean, affordable energy solution for the Yukon,
industry and citizens," said Ron Daub, Chief Executive Officer of DES.
Development of an affordable and stable supply of natural gas to the
Territory will reduce the amount of diesel fuel imported into Yukon to
generate electricity. It could also lead to the supply of heat and
electrical power to residents of the Yukon.
Dempster Energy Services (DES) is a 100% First Nation owned business
that has been established through three participating First Nation
business arms with the common goal of developing business and economic
opportunities for their respective citizens. DES is comprised of the
Na-Cho Nyak Dun Development Corporation, Chief Isaac Inc. and Vuntut
Gwitchin Limited Partnership.
Investment in this project is 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 across the North. SINED is one of several economic
development programs within CanNor. CanNor works to help develop a
diversified, sustainable, and dynamic economy across Canada's three
territories. CanNor delivers on its northern mandate through funding
programs, the Northern Projects Management Office which supports
responsible resource development across the North, and by undertaking
policy and research.
SOURCE: Canadian Northern Economic Development Agency
For further information:
Canadian Northern Economic Development Agency
Dempster Energy Services