Mr. Speaker, today I am pleased to provide an update on the Mackenzie Valley Highway project, an ambitious initiative that reflects our continued commitment to fostering sustainable development in the North.
The Mackenzie Valley Highway project dates back several decades, with discussions starting as early as the 1970s. Over the years, extensive planning and consultation have taken place to ensure that this project respects the land and the communities it will serve. Earlier this year, we strengthened our partnership with the Sahtu Secretariat Incorporated, or SSI, by signing an amended and restated memorandum of understanding. This agreement builds on our shared commitment to planning, promoting, and seeking funding for the Mackenzie Valley Highway. Their insights and knowledge have been integral in shaping a project that is not only economically beneficial but also culturally sensitive and environmentally responsible.
A year ago, we reached a significant milestone by submitting the developer's assessment report. I am pleased to report that the environmental assessment remains on track for completion by mid-2025. Pending the outcome of the assessment by the review board, we anticipate an additional 12 to 18 months will be necessary to secure regulatory authorizations, address outstanding land tenure requirements, and advance procurement for construction. As you know, we do not currently have funding secured for construction activities. While we do not yet have the construction funding in place, I want to reassure residents that we are actively working to update construction cost estimates and engage with Canada on potential funding opportunities. As you know, the GNWT does not have the financial capacity to undertake this project alone.
Mr. Speaker, while we have not broken ground on the Mackenzie Valley Highway yet, I want to highlight the work that was successfully completed on the Prohibition Creek Access Road. This 6.7 kilometer stretch of new all-season highway from Canyon Creek to Christina Creek, south of Norman Wells, opened to the public last month. Combined with the previously built Canyon Creek All-Season Access Road, there is now a total of 20.7 kilometers of the seasonal Mackenzie Valley Winter Road accessible all year-round, improving the safety, reliability and resilience of the Northwest Territories transportation system in the face of climate change.
This not only supports the ongoing improvement of the key transportation corridor through the Mackenzie Valley, it is also a capacity-building project to help prepare businesses, workers and residents, for greater involvement in future construction of the Mackenzie Valley Highway.
Mr. Speaker, the benefits of the Mackenzie Valley Highway are many. It will improve transportation connectivity, improve safety and more reliable access for residents, businesses, and emergency services. Enhanced access will unlock new economic opportunities for local business, stimulate investment, and strengthen the regional economy, particularly important given the recent challenges posed by low water levels, rising fuel costs, and the growing cost of living.
Mr. Speaker, as we move forward I assure you we remain committed to working collaboratively with all parties to ensure the successful completion of the Mackenzie Valley Highway, and together we can build a future that supports economic growth and enhances the well-being of all residents in the Mackenzie Valley. Thank you, Mr. Speaker.
Thank you, Minister of Infrastructure. Ministers' statements. Minister of Health and Social Services.
