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.

Have your say

This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.