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Progress continues on planning for the construction of an all-weather road between Inuvik to Tuktoyaktuk. The Highway's Project Description Report (PDR) is now available. The PDR details how construction of the Inuvik to Tuktoyaktuk Highway would be funded and how the management of the project would be implemented. |
In addition, an Economic Analysis of the project has been completed. The analysis examined four factors which are expected to receive overall economic effects of building an all-weather road from Inuvik to Tuktoyaktuk:
- Construction and maintenance
- Cost of living reduction
- Increase in tourism activity
- Impacts on the Mackenzie Gas Project (MGP) including natural gas field exploration and development in the Delta Region of the NWT.
Other documents related to the Inuvik to Tuktoyaktuk Highway Project can be found here.
When constructed, the all weather road will have a significant net positive impact on all of these factors:
- More than 1,000 one-time and 40 long-term jobs would be created, plus another 860 and 9 long-term jobs in other parts of Canada.
- Residents of Tuktoyaktuk would benefit from approximately $1.5 million in savings.
- The federal and territorial governments would gain $55 million in revenues
- Tourism is projected to increase by $2.7 million annually, creating 22 full-time equivalent jobs in the NWT.
- Energy sector exploration and well development costs would be reduced by $385 million over the 45 year operating period of the Mackenzie Gas Project pipeline.
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