Ventures West Transport becomes 100% aboriginal-owned

by Truck News

YELLOWKNIFE, N.W.T. — Ventures West Transport will soon be a completely aboriginal-owned trucking company.

The Tlicho Government upped its stake in the northern fleet to 90%, buying out founder Glenn Bauer. Previously the Tlicho Government owned 60% of the company, according to the CBC.

Lutsel K’e’s Denesoline Corporation owns the other 10%.

Ventures West brings in about half the revenue generated by the Tlicho Government’s investment corporation, Tlicho Investment Corp.

You can read the CBC report here.

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