Category Archives: Finance

Department of Finance

Jun, 19 2015

MVFL mission furthers satellite business

YELLOWKNIFE (June 19, 2015) – A delegation from Northwest Territories travelled to Europe from June 7-12 to promote the Mackenzie Valley Fibre Link (MVFL). The delegation included Premier Bob McLeod, Minister J Michael Miltenberger, Minister Robert C McLeod, MLA Robert Hawkins, officials from the federal and territorial governments and a representative from the Northern Lights […]

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Jun, 8 2015

NWT delegation promotes MVFL in Europe

YELLOWKNIFE (June 8, 2015) – A delegation from the Northwest Territories will travel to Europe from June 7-12, 2015 to promote the Mackenzie Valley Fibre Link (MVFL) to potential international clients and customers. The delegation includes Premier Bob McLeod, Minister of Finance J. Michael Miltenberger, Minister Robert C. Mcleod, MLA Robert Hawkins, Chair of the […]

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Jun, 3 2015

GNWT credit rating of Aa1 / Stable confirmed

YELLOWKNIFE (June 3, 2015) – Minister of Finance J. Michael Miltenberger is pleased that Moody’s Investors Service continues to recognize the Government of the Northwest Territories’ (GNWT) sound fiscal management with another Aa1 credit rating.  The rationale for the GNWT’s Aa1/Stable Outlook credit rating was included in a credit analysis published by Moody’s and based […]

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Jun, 2 2015

J. Michael Miltenberger: Citizens First Survey Results

Mr. Speaker, every budget session, I have provided this House with an update on the progress being made under the Service Innovation Strategy.  Today, I want to tell you about a tool we have to measure how satisfied Northern residents are with government service delivery. The national “Citizens First” survey measures how satisfied Northwest Territories […]

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May, 29 2015

J. Michael Miltenberger: Mackenzie Valley Fibre Link Progress

Mr. Speaker I would like to take a few moments to speak to the Mackenzie Valley Fibre Link project or MVFL. On January 12, 2015 the Government took the first step towards removing the limitations of our current communications infrastructure. The Fibre Link project will allow Inuvik to become a global remote sensing site, enable […]

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May, 28 2015

J. Michael Miltenberger: Borrowing Limit

Mr. Speaker, on April 22, 2015, the federal government announced a $500 million increase to the GNWT borrowing limit, bringing the federally imposed borrowing limit to $1.3 billion as well the definition of self-financing debt is being revised. Post devolution this increase in our borrowing limit gives the Government of the Northwest Territories increased flexibility […]

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Apr, 22 2015

GNWT pleased with increased borrowing limit

YELLOWKNIFE (April 22, 2015) – The Government of the Northwest Territories (GNWT) is pleased with the Government of Canada’s decision, announced in yesterday’s federal budget, to increase the federally imposed borrowing limit to $1.3 billion from $800 million. “Building a strong, prosperous Northwest Territories that provides jobs and economic opportunities is a priority for the […]

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Mar, 24 2015

Nearly 85% of decentralized positions staffed

YELLOWKNIFE (March 24, 2015) – Figures released today show that the Government of the Northwest Territories (GNWT) has successfully filled 108 of 128 positions decentralized during the 2013-14 and 2014-15 fiscal years. Another 22 positions scheduled to be established during the next two fiscal years are currently vacant. “Increasing employment opportunities where they are needed […]

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Feb, 24 2015

J. Michael Miltenberger: Mackenzie Valley Fibre Link Progress

Mr. Speaker, this Legislative Assembly has a vision of strong individuals, families and communities sharing the benefits and responsibilities of a unified, environmentally sustainable and prosperous Northwest Territories. Achieving that vision requires a balanced approach that advances our economic, environmental and social priorities. This government is moving forward on all those fronts. I would like […]

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Feb, 20 2015

J. Michael Miltenberger: Service Innovation Strategy House Update No.2

Mr. Speaker, last year I spoke on the government’s Service Innovation Strategy.  Today I would like to provide an update.   The Service Innovation Strategy has many parts and is ultimately intended to improve government services to the public, whether online, by phone or in person.  It supports our 17th Legislative Assembly goal of “Effective and […]

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