Investments

DEMCo

DEMCo is the NWT’s first-ever mining exploration business wholly owned by the territory’s 27 Dene First Nations. Darrell Beaulieu, DEMCo President and CEO is also head of DEMCo’s owner, Denendeh Investments Incorporated. “The Dene should be exploring and benefiting from the resources in their homeland. We believe DEMCo’s in a great position to make this happen,” says Beaulieu.

 

With the North’s mining industry experiencing a downturn, Beaulieu feels now is the best time to enter the industry as it allows DEMCo to build capacity and be ready for the growth brought by the inevitable turnaround. “We want to generate projects,” says Beaulieu of his long-term vision for the company. “Part of DEMCo’s vision is to create financial wealth for DEMCo and its partners, create pride of ownership for the Dene and enhance positive relations between the NWT Dene First Nations and the mining industry. We have acquired properties with great potential. Now we have to add value to the properties, which we’ll do with our partners.” 

 

Read more:

Our Story

The Camsell River Project

 

 

 

Broadband Business Alliance

The purpose of the Broadband Business Alliance Limited Partnership (BBALP) is to deliver the NWT Broadband Project on behalf of the Government of Canada (Canada Strategic Infrastructure Fund), and to create a sustainable broadband infrastructure for the NWT. 

Technology is key in addressing the many challenges in the North, such as geographical expanse, economic development, unemployment, education, lack of infrastructure, the high cost of living and the preservation and promotion of unique cultures and languages. The General Partner responsible for the operation of BBALP is Falcon Communications G.P. Ltd., which operates under a Management Services Agreement with DII. Falcon is committed to ensuring that all residents of the NWT receive broadband services based on the principals of affordability, sustainability and adaptability.

Limited partners include DII, Tetlit Gwich’in Council, Dehcho Economic Corporation, and Akaitcho Regional Investment Corporation. Since 2002, BBALP has been successful in raising over $50 million of investment for the NWT Broadband Project from federal, territorial and aboriginal governments and the private sector. Falcon is working with Northwestel to provide high speed internet and mobile internet services at an affordable rate, comparable to southern Canada, to all communities in the NWT.

Denendeh Manor Limited Partnership

Denendeh Manor LP is an office and apartment building in Yellowknife owned 100% by DII. Denendeh Manor is the corporate office location for Denendeh Investments Inc., Denendeh Development Corporation, Shehtah Nabors LP, Falcon Communications GP Ltd., 6133 NWT Ltd., Denendeh Natural Resources LP/DEMCo, and Northern Aboriginal Services Company (NASCo).

Mackenzie Aboriginal Corporation/Mackenzie Aboriginal Corporation

DII is a one-third owner (with the Gwich’in Development Corporation) in the Aboriginal Contractors Corporation, which is the majority owner of Mackenzie Aboriginal Corporation (MAC). MAC a construction company with the capacity to build a significant portion of the proposed Mackenzie Gas Project pipeline and facilities, and the proposed Mackenzie Highway. Other partners in MAC include Flint Energy Services Ltd., Kiewit, Ledcor and North American Construction Group.

Northland Utilities Enterprises Ltd.

Northland Utilities Enterprises Ltd. (NUEL) has been lighting up the North for more than half a century. Its ownership is shared between DILP and ATCO Electric, one of the ATCO Group of Companies.

Northland Utilities (NWT) Limited began serving Hay River in 1951. Today, it provides electricity to approximately 2800 customers in Trout Lake, Kakisa, Dory Point, Fort Providence, Enterprise, Hay River, K’atlodeeche First Nation and Wekweeti. An interconnecting transmission line from Pine Point to Hay River, completed by Northland in 1988, allows Northland to receive surplus electricity from Talston hydro system. Northland maintains a back-up generating plan with six units to serve the Hay River System.

www.northlandutilities.com

Shehtah Nabors Limited Partnership

Shehtah Nabors Limited Partnership (SNLP) is a strategic partnership between Shehtah Drilling Limited Partnership (SDLP) (wholly owned by DILP) and Nabors Canada.

SNLP is a majority aboriginal owned drilling and well serving company operating in the Northwest Territories, Northern Alberta and Northern British Columbia. The partnership owns and operates 3 drilling rigs and 4 service rigs. SNLP has the capacity, expertise and equipment required for all aspects of northern drilling and well servicing in any area and all weather conditions. SNLP has the capacity, expertise and equipment to construct drilling access roads, build drilling service and tie-in wells for production within leased areas.

SNLP has a proud history and a commitment to the Northwest Territories, providing training and employment opportunities and an annual scholarship to descendants of the Dene.

Shehtah Nabors Limited Partnership (SNLP) is a strategic partnership between Shehtah Drilling Limited Partnership (SDLP) (wholly owned by DILP) and Nabors Canada.

www.nabors.com