The Board of Directors is responsible for directing the operations of the Northwest Territories Business Development and Investment Corporation (BDIC), taking into account sustainable development and capacity building. The BDIC was established to develop and deliver business assistance programming to businesses in the Northwest Territories, as well as, operate selected subsidiaries for employment creation purposes.
Government of the Northwest Territories
Department of Industry, Tourism & Investment
Northwest Territories Business Development and Investment Corporation Act (NWT)
The Corporation has a Board of Directors consisting of a minimum of 5 and a maximum of 10 eligible persons appointed as directors by the Minister.
There are no alternate members.
The legislation does not provide for the appointment of alternates to the Board.
A Chairperson is designated by the Minister from among the directors.
The Vice-Chairperson is designated by the Minister from among the directors.
Quorum is a majority of the directors appointed.
Directors are appointed by the Minister of Industry, Tourism and Investment under section 5 of the Northwest Territories Business Development and Investment Corporation Act (NWT).
A director holds office during pleasure for a term not exceeding three years as fixed in the appointment and may be eligible for reappointment.
Time and Travel Requirements
Meetings are held in person or conducted using electronic means of communication.
Members shall receive remuneration according to Executive Council classification and Financial Management Board Secretariat directives.
Category – Regulatory/Quasi-Judicial
Chairperson - up to $400 per day
Member - up to $325 per day
Chair and members – 50% per half-day (i.e., 3.5 hours or less), for work on board business for each day of meetings
Persons eligible for appointment are those who have owned or managed a business in the Northwest Territories or have business expertise relevant to the NWT. Where appropriate, the Board must take into account sustainable development and capacity building in its consideration.
The Board establishes bylaws, policies, operational guidelines and committees.
A public servant is not eligible to serve as a director.
|Position||Appointee||Term Start||Term Expiry||Number of Terms||Appointed By||Nominating Authority|
|1. Chair||(Vacant - 1 year term)||Minister of Industry, Tourism and Investment|
|2. Vice-Chair||(Vacant)||Minister of Industry, Tourism and Investment|
|3. Member||Onosen Adebo||2021-08-01||2023-07-31||1st term||Minister of Industry, Tourism and Investment|
|4. Member||Kenny Ruptash||2020-07-01||2024-07-31||2nd term||Minister of Industry, Tourism and Investment|
|5. Member||Lloyd Jones||2021-08-01||2024-07-31||3rd term||Minister of Industry, Tourism and Investment|
|6. Member||Ayanna Ferdinand-Catlyn||2021-08-01||2023-07-31||1st term||Minister of Industry, Tourism and Investment|
|7. Member||Matthew Bannister||2021-08-01||2023-07-31||1st term||Minister of Industry, Tourism and Investment|
|8. Member||(Vacant - 3 year term)||Minister of Industry, Tourism and Investment|
|9. Member||Marie-Soleil Lacoursiere||2021-08-01||2023-07-31||1st term|