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Contribution: Inclusive Diversification and Economic Advancement in the North (IDEANorth)

RESORT DEVELOPMENT GROUP (YUKON) INC.

$700,001.00

Eclipse Nordic Hot Springs

FY 2020-21 · 2021-02-01

Summary
A repayable conribution to complete renovations and upgrade of the unique Takhini Hot Springs property, located just outside Whitehorse, Yukon. Project activities include completion of construction/renovation of the hot springs building to position the property as a higher end destination hot springs resort and recreation facility.
Program
Inclusive Diversification and Economic Advancement in the North (IDEANorth)
Location
WHITEHORSE, Yukon, Canada
Recipient Type
For-profit organization
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Agreement End Date
2022-03-31
Agreement Number
2021-CN-000700
Agreement Start Date
2021-02-01
Agreement Title
Eclipse Nordic Hot Springs
Agreement Title (French)
Eclipse Nordic Hot Springs
Agreement Type
Contribution
Agreement Value
$700,001.00
Amendment Number
0
Description
A repayable conribution to complete renovations and upgrade of the unique Takhini Hot Springs property, located just outside Whitehorse, Yukon. Project activities include completion of construction/renovation of the hot springs building to position the property as a higher end destination hot springs resort and recreation facility.
Description (French)
Une contribution remboursable pour achever les rénovations et la mise à niveau de la propriété unique de Takhini Hot Springs, située juste à l'extérieur de Whitehorse, au Yukon. Les activités du projet comprennent l'achèvement de la construction/rénovation du bâtiment des sources thermales afin de positionner la propriété comme une destination haut de gamme en matière de sources thermales et d'installations récréatives.
Expected Results
The renovations will enable the hot springs to attract international clients by raising the quality of its offerings and positioning the hot springs as a destination resort. This re-development will create a unique attraction in the Yukon and have spin off benefits to the entire all season tourism market. In addition to serving the new non Yukon market the hot springs will continue to serve its local clientele.
Expected Results (French)
Les rénovations permettront aux sources thermales d'atbeneficier d'avantageune clientèle internationale en améliorant la qualité de ses offres et en les positionnant comme une station de destination. Ce réaménagement créera une attraction unique au Yukon et aura des retombées positives sur l'ensemble du marché du tourisme en toutes saisons. En plus de servir le nouveau marché non yukonnais, les sources thermales continueront à servir leur clientèle locale.
Federal Riding
Yukon
Federal Riding (French)
Yukon
Federal Riding Number
60001
Organization Code
cannor
Organization
Canadian Northern Economic Development Agency | Agence canadienne de développement économique du Nord
Program Name
Inclusive Diversification and Economic Advancement in the North (IDEANorth)
Program Name (French)
Inclusion diversifiée et évolution économique dans le Nord (IDEENord)
Program Purpose
Inclusive Diversification and Economic Advancement in the North (IDEANorth) makes foundational investments in economic infrastructure, sector development and capacity building to help position Northerners in the territories to take advantage of Canada's innovation economy. The IDEANorth program focuses on four priority areas: economic growth and sector development; business scale-up, productivity and innovation; small-scale economic infrastructure development; and foundational economic infrastructure.
Program Purpose (French)
Inclusion diversifiée et évolution économique dans le Nord (IDEENord) prévoit des investissements fondamentaux dans l'infrastructure économique, le développement du secteur et le renforcement des capacités pour aider les résidants du Nord des territoires à beneficier davantage du profit de l'économie de l'innovation du Canada. Il met l'accent sur quatre domaines prioritaires : la croissance économique et le développement sectoriel; l'expansion des entreprises, la productivité et l'innovation; le développement d'infrastructures économiques à petite échelle; et l'infrastructure économique de base.
Recipient City
WHITEHORSE
Recipient Country
CA
Recipient Legal Name
RESORT DEVELOPMENT GROUP (YUKON) INC.
Recipient Postal Code
Y1A 7A2
Recipient Province or Territory
YT
Recipient Type
F
Reference Number
0780-2020-2021-Qrt4-0000083