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LATEST NEWS  Skills Training

January 24, 2007

Mackenzie pipeline deal released

YELLOWKNIFE

The Northwest Territories and the energy companies behind the $7-billion Mackenzie Valley natural gas pipeline project have agreed to training and job guarantees.

The socio-economic deal was announced after nearly three years of talks. It commits pipeline backers to cover half of a $21-million fund to train northerners for jobs if the project goes forward. The rest of the money would be provided by government.

The deal also formalizes previous commitments to hire about 800 N.W.T. residents — roughly 16 per cent — during the four-year construction phase. About 140 of those jobs would remain once the pipeline started operating.

This deal is separate from a 10-year, $500-million fund set up by the federal government to deal with socio-economic effects of the project’s development.

CANADIAN PRESS

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