CanNor is investing $1 million towards the Tu Cho Fisher's Cooperative Limited and their Winter Fishery Enhancement and Innovation Project
February 28, 2023 (Yellowknife, Northwest Territories) -- Canadian Northern Economic Development Agency (CanNor)
Fishing on Great Slave Lake, the deepest lake in North America, is a key part of the Northwest Territories' (NWT) economy, as the lake offers a variety and wealth of fish for commercial use, export, domestic consumption and fishing adventures. Supporting the Great Slave Lake commercial fishery, including the winter fishery, is a priority for the Government of Canada and will help diversify NWT's economy and support the fishers who drive the sector's success.
CanNor investments supports the wintery fishery in NWT
Today, Michael McLeod, Member of Parliament, Northwest Territories, on behalf of the Honourable Dan Vandal, Minister of Northern Affairs, PrairiesCan and CanNor, announced a federal investment of $1 million, delivered by CanNor, to support a two-year project by the Tu Cho Fisher's Cooperative Limited (Tu Cho Fisher's) to purchase equipment and train fishers for the winter fishery.
This project aims to improve the capacity of the winter fishery, create jobs in NWT's Great Slave Lake commercial fishery and help maintain progress towards growing NWT's fishing industry. CanNor's support will mean a thriving industry and new jobs in all four seasons.
By strengthening a skilled Indigenous and Northern workforce and fostering sustainable growth in the freshwater fishery sector, the Government of Canada is working in partnership in growing the economy, creating jobs and opportunities, and supporting locally-led, innovative products across the Northwest Territories.
