Mr. Chairman, I am pleased to present the 2010-2011 Main Estimates for the Department of Industry, Tourism and Investment.
ITI’s mandate is to promote economic self-sufficiency through responsible development of the NWT’s natural resources and the promotion of tourism, trade, investment, business and manufacturing to create a prosperous, diverse and sustainable economy for the benefit of all residents.
This mandate supports the commitment of our government that all residents of the NWT must have the opportunity to build a stronger future for themselves, their families and their communities. In total, the department’s main estimates proposes total operational expenses of approximately $51.8 million for the coming fiscal year, which is an increase of 1.7 percent from last year’s main estimates.
This includes sunsets of $5.5 million, strategic initiatives of $4.5 million and forced growth of $2 million.