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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