GNWT releases discussion paper to guide resource royalty engagements
Publication Date
News Release
The Government of the Northwest Territories (GNWT) has released a discussion paper titled Review of Royalty Regulations in the NWT to guide engagements on the royalty regime and Mineral Resources Act Regulations (MRAR).
In collaboration with the members of the NWT Intergovernmental Council (IGC), the GNWT developed the discussion paper with the intent of supporting an informed conversation on the NWT royalty regime. As the territorial government prepares to engage NWT leaders and residents on the design of new regulations for the Mineral Resources Act (MRA), the discussion paper and other research papers provide an important background on the environment in which royalties are administered and determined.
The current regime for administering royalties in the NWT is the same regime used by Indian and Northern Affairs Canada for more than 60 years. In recognition that the regulations need to adapt to evolving governance principles and the operating environment, the regulations will be reviewed and discussed in the upcoming engagements.
“We are continuing the work to do a comprehensive, collaborative and multi-phased approach on the review of the NWT royalty regime with a discussion paper that will guide the upcoming engagements. The discussion paper is supported by a technical research paper which examines potential pathways for an updated royalty regime. As we ready for the engagements with Indigenous government partners, industry and members of the public, we hope to have productive conversations on enhancing a stable and competitive royalty regime that benefits the people of the NWT.”
- Caroline Wawzonek, Minister of Industry, Tourism and Investment
Quick facts
This is the second step to complete a comprehensive review of the royalty regime.
The discussion paper presents areas to consider for amendments to the royalty regulations as a clear starting point.
The discussion paper, Review of Resource Royalties in the NWT, has a technical research companion document, entitled Review of Royalty Regulations in the Development of Resources Legislation in the NWT.