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Bill 84, An Act to Amend the Northwest Territories Business Development and Investment Corporation Act

Government Bill

19th Assembly, 2nd Session

Introduced on March 29, 2023

Events

Timeline of key legislative events

  • First Reading
    Completed March 29, 2023 (Debate | Vote)
  • Second Reading
    Completed March 30, 2023 (Debate | Vote)
  • Third Reading
    Completed Oct. 5, 2023 (Debate | Vote)
  • Commissioner's Assent
    Completed Oct. 6, 2023 (Debate)
  • Status

    Bill Text



    Related Votes

    Oct. 5, 2023 Passed Third Reading of Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, Carried
    March 30, 2023 Passed Second Reading of Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, Carried
    March 29, 2023 First Reading of Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act

    Discussion & Mentions

    Assent To Bills
    Assent To Bills

    October 6th, 2023

    Page 6904


    See context

    Commissioner Of The Northwest Territories Margaret M. Thom

    Mahsi. Please be seated.

    Mr. Speaker, Premier Cochrane, Ministers, Members of the Legislative Assembly, staff, and visitors in the public gallery, mahsi. I am blessed and honoured to once again sit before you in this great Chamber. I wish to acknowledge that the land on which we gather are treaty lands and the home to many Indigenous people, including the Dene, Inuvialuit, Metis, and Inuit. We are grateful to be on this land. Many of you may have joined in all the powerful events happening throughout your communities and across Canada to honour National Day for Truth and Reconciliation.

    I have witnessed how this 19th Legislative Assembly really took to heart reconciliation and actioned it in so many ways by the encouragement to speak Indigenous languages, the Indigenous dress code, and incorporating Indigenous traditions and culture in this great House. You have shown this through recognizing and awarding distinguished Northerners residents during your term.

    On February 27th, 2023, House Speaker Blake unveiled the Legislative Assembly's meeting room renaming project which was inspired by nature and reflected in all languages. The project includes representation of all official languages and regions in the Northwest Territories. Each of the nine rooms chosen are represented by a northern animal. Art work was done by an Indigenous NWT artist, Trey Madsen, and symbolizing the traits associated with each animal bringing deeper meaning to the work that takes place in each room.

    Earlier this week with the unveiling of the Missing and Murdered Indigenous Women and Girls monument in front of this beautiful building, it was a very emotional ceremony and I was honoured to be here. But, most importantly, is how you individually as Members honour the people, the culture, and the traditions in the work that you do.

    Today marks a day that I imagine is mixed with many emotions as well as much personal and professional planning for each of you. As Members of this 19th Legislative Assembly, each of you has become an instrument of change, an enhancement within this government. You have acted on the wishes and concerns of the people of our vast territory during your elected term. For that, I applaud you with a huge mahsi cho and know that we all owe you a debt of gratitude and gave us much to be extremely grateful for.

    Being in politics is difficult, not only for the politician but for the families as well. As difficult as it is, we must remember that your families contributed immensely to have you function as an individual, a team player, and a Member of our great consensus government. On behalf of the people of the Northwest Territories, I extend my deepest admiration and gratitude to your families.

    Some of you have already announced your intention to seek re-election. I wish you well and every success in your platforms and in your campaign journey. If you are elected again and return to this House, know that it was meant to be. If you do not get re-elected, close this chapter of your journey knowing that you have done your very best in representing your constituents and, most importantly, all Northerners. Some of you have announced your well thought out intentions to not seek re-election but rather have chosen to pursue new adventures and perhaps to rest and relax. Do that. Do it. I applaud you with sincere appreciation for your commitment and dedication and the service to your constituents and to all Northerners. I sincerely wish you all success, good health, and happiness in the next chapter of the journey you will take from here on.

    I need to express my sincere gratitude to the people that worked diligently behind the scenes to assist you in your work - your staff, the public service, the staff that keep this great House tidy and organized, the translators, and interpreters. Everyone is to be celebrated for the tough decisions and accomplishment especially during the many challenges during your term. Much work will still be needed to address these times and these challenges.

    I am very thankful for the difficult decisions made, especially during the many challenging times during your term. To name a few, these times include natural disasters and devastation of floods, wildfires, evacuation, and COVID-19 pandemic.

    In closing, I remain deeply honoured to have been part of your political journey. I will keep close to my heart your kindness, your confidence in me, and how you welcomed me to my role as Commissioner of the Northwest Territories. Mahsi cho and Happy Thanksgiving.

    Now as Commissioner of the Northwest Territories, I am pleased to assent to the following bills that you all have worked hard on and deliberated so carefully.

    • Bill 65: Builders' Lien Act;
    • Bill 74: Forest Act;
    • Bill 77: Nursing Profession Act;
    • Bill 78: Waste Reduction and Resource Recovery Act;
    • Bill 80: Dental Hygienists Profession Statute Amendment Act;
    • Bill 81: An Act to Amend the Education Act, No. 2;
    • Bill 82: Legal Profession Act;
    • Bill 83: Liquor Act;
    • Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act;
    • Bill 85: United Nations Declaration on the Rights of Indigenous Peoples Implementation Act;
    • Bill 92: An Act to Amend the Petroleum Products and Carbon Tax Act, No. 3;
    • Bill 93: Practice of Engineering, Geoscience and Applied Science Technology Act;
    • Bill 94: Miscellaneous Statute Law Amendment Act, 2023;
    • Bill 100: Appropriation Act (Infrastructure Expenditures) 2024-2025;
    • Bill 101: Supplementary Appropriation Act (Operations Expenditure and Borrowing Authorization) No. 3, 2023-2024.

    Mahsi cho. Thank you. Quyananni. Merci beaucoup. Kwana.

    Recorded Vote
    Third Reading Of Bills

    October 5th, 2023

    Page 6826


    See context
    The Speaker

    The Speaker Frederick Blake Jr.

    All those abstaining, please rise. The results of the recorded vote: 17 in favour. One opposed. Zero abstentions. The motion is carried. Bill 84 has had third reading.

    ---Carried

    Third reading of bills. Madam Premier.

    Recorded Vote
    Third Reading Of Bills

    October 5th, 2023

    Page 6826


    See context

    Deputy Clerk Of The House Ms. Saturnino

    The Member for Frame Lake.

    Recorded Vote
    Third Reading Of Bills

    October 5th, 2023

    Page 6826


    See context
    The Speaker

    The Speaker Frederick Blake Jr.

    All those opposed, please rise.

    Recorded Vote
    Third Reading Of Bills

    October 5th, 2023

    Page 6826


    See context

    Deputy Clerk Of The House Ms. Saturnino

    The Member for Yellowknife South. The Member for Sahtu. The Member for Range Lake. The Member for Inuvik Boot Lake. The Member for Yellowknife Centre. The Member for Hay River North. The Member for Inuvik Twin Lakes. The Member for Nahendeh. The Member for Deh Cho. The Member for Hay River South. The Member for Thebacha. The Member for Kam Lake. The Member for Nunakput. The Member for Yellowknife North. The Member for Tu Nedhe-Wiilideh. The Member for Monfwi. The Member for Great Slave.

    Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, Carried
    Third Reading Of Bills

    October 5th, 2023

    Page 6826


    See context
    The Speaker

    The Speaker Frederick Blake Jr.

    Question has been called. The Minister has requested a recorded vote. All those in favour, please rise.

    Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, Carried
    Third Reading Of Bills

    October 5th, 2023

    Page 6826


    See context

    Some Hon. Members

    Question.

    Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, Carried
    Third Reading Of Bills

    October 5th, 2023

    Page 6826


    See context
    The Speaker

    The Speaker Frederick Blake Jr.

    Thank you, Member for Frame Lake. The motion is in order. To the motion.

    Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, Carried
    Third Reading Of Bills

    October 5th, 2023

    Page 6826


    See context
    Kevin O'Reilly

    Kevin O'Reilly Frame Lake

    Yeah, merci, Monsieur le President. Again, I have to go on record as to why I'm going to vote against this bill. I've said, though, that there's good things in this bill like response to at least three independent reviews that were carried out. That work can and should have been done, quite frankly, years ago. So those are the good parts of the bill. The part that causes me a lot of concern is the name change. And I'm not opposed to the name change in principle. I don't personally think it's a great thing. But I think it's not a good -- I don't condone a process, Mr. Speaker, where we start off with a public engagement on one thing and then all of a sudden something's added into the bill that hasn't received any public engagement. And that's why there's a subtle distinction there. And I guess it's a principle stand, Mr. Speaker, but I can't condone that kind of process for doing public engagement for a bill, and then all of a sudden something props -- it just kind of comes up at the end. This is not about trying to meddle in what the board is doing. I want an independent board. But I'm just worried about the process that was used to develop this bill and having this jump out at the end. So that's why I'm going to vote against it. I have supported what BDIC has done. I said good things when they were here. I think they're heading in the right direction. That's all good stuff. I just can't condone the kind of process that led to the bill in the form that's before the House. Thank you, Mr. Speaker.

    Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, Carried
    Third Reading Of Bills

    October 5th, 2023

    Page 6826


    See context
    The Speaker

    The Speaker Frederick Blake Jr.

    Thank you, Minister. The motion is in order. To the motion. Member for Frame Lake.

    Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, Carried
    Third Reading Of Bills

    October 5th, 2023

    Page 6826


    See context
    Caroline Wawzonek

    Caroline Wawzonek Yellowknife South

    Mr. Speaker, I move, seconded by the Honourable Member for Nahendeh, that Bill 84, An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, be read for the third time. And, Mr. Speaker, I request a recorded vote. Thank you, Mr. Speaker.

    Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, Carried
    Second Reading Of Bills

    March 30th, 2023

    Page 6107


    See context
    The Speaker

    The Speaker Frederick Blake Jr.

    Question has been called. All those in favour? All those opposed? Any abstentions? The motion is carried. Bill 84 has had second reading.

    ---Carried

    Second reading of bills. Madam Premier.

    Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, Carried
    Second Reading Of Bills

    March 30th, 2023

    Page 6107


    See context

    Some Hon. Members

    Question.

    Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, Carried
    Second Reading Of Bills

    March 30th, 2023

    Page 6107


    See context
    The Speaker

    The Speaker Frederick Blake Jr.

    Thank you, Minister. The motion is in order. To the principle of the bill.

    Bill 84: An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, Carried
    Second Reading Of Bills

    March 30th, 2023

    Page 6107


    See context
    Caroline Wawzonek

    Caroline Wawzonek Yellowknife South

    Mr. Speaker, I move, seconded by the honourable Member for the Sahtu, that Bill 84, An Act to Amend the Northwest Territories Business Development and Investment Corporation Act, be read for the second time.

    This bill amends the Northwest Territories Business Development and Investment Corporation to

    • Change the name of the act to the Prosper NWT Act;
    • Continue the Northwest Territories Business Development and Investment Corporation as Prosper NWT;
    • Clarify when a corporation will be considered a subsidiary of Prosper NWT for the purposes of the act;
    • Provide the Board with the authority to modify Prosper NWT's non-financial support programs with the approval of the Minister;
    • Provide Prosper NWT with the authority to provide non-financial support to business enterprises and members of the public outside of established programs;
    • Provide Prosper NWT with the authority to provide financial support to business enterprises and subsidiaries;
    • Provide the board with the authority to require parties to confirm their compliance with agreements they have entered into with Prosper NWT;
    • Clarify conflict of interest provisions by adding the concept of a controlling interest;
    • Clarify that persons are related under the Act if they are related for the purposes of the Income Tax Act (Canada);
    • Permit Prosper NWT, subject to certain limitations, to use a portion of its cash on hand for the purpose of carrying on its business;
    • Remove the requirement that the programs established under the act be periodically reviewed by the Minister;
    • Modernize language, including using gender-neutral pronouns; and,
    • Correct inconsistencies and errors identified in the act.

    Thank you, Mr. Speaker.