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Public Health Emergency & State of Emergency Extension

The territory-wide Public Health Emergency and State of Emergency have been extended in the Northwest Territories, under the Northwest Territories’ Public Health Act, and as recommended by the Chief Public Health Officer Kami Kandola and announced by the Minister of Health and Social Services Diane Thom. Both the extensions are in effect from May 27, 2020 and will expire on June 9, 2020.

Detailed Information: Public Service Announcement GNWT Extends Territorial Public Health Emergency and State of Emergency_EN

Special Toolkit to Resume Business Operations

As businesses worldwide are preparing to resume their operations while the COVID-19 pandemic is still on, the businesses need to adopt numerous operational directives keeping in mind the health and safety of all around and involved.

The Canadian Business Resilience Network of the Canadian Chamber of Commerce designed a toolkit to provide holistic guidance to businesses and corporates to resume operations in a way to mitigate health risks in the best possible way. 

Detailed Information: https://bit.ly/2M57gZM 

Rent Relief to Leaseholders by GNWT

Considering the economic stress created due to COVID-19 pandemic, the Government of the Northwest Territories (GNWT) announced intent of the Land Department to waive rent on existing surface dispositions on public land, for the fiscal year 2020-21.

As per the announcement, rent relief will be applicable to all holders of existing recreational, residential, commercial and mining surface dispositions on public land, including surface dispositions as leases, easements and licences of occupation.

Detailed information: https://bit.ly/2LowXUO

 

Interest Rate Cut

Canada’s Central Bank made another unscheduled rate cut Friday to bring its key interest target down to a crisis-level low of 0.25%, while the Federal Government upped its financial lifeline to businesses in a two-pronged effort to combat the economic shock from COVID-19.

For detailed information, visit, ctvnews