FOR IMMEDIATE RELEASE
CARMACKS, YUKON – June 10, 2024 – Carmacks Hotel Ltd. (“CHL”) has created a new Community Investment Fund to support local initiatives, events and programs in Carmacks, Yukon.
The CHL Community Investment Fund will be determined as a defined percentage of revenues earned by CHL, to be annually invested into the community projects commenting this year. For 2024, CHL expects this program to result in investment of up to $50,000. The first donation of $5,000 will be provided to the high school students at Tantalus Community School for their trip to Scotland and Ireland.
Organizations and individuals can apply for funding support from the CHL Community Investment Fund by sending a letter to admin@nvdlp.com. The board of directors of CHL will consider all applications and will allocate the funds amongst qualified applications which benefit the Carmacks community.
CHL is a partnership of the Carmacks Development Corporation and Northern Vision Development Limited Partnership. CHL owns and operates several facilities in the Village of Carmacks, including a hotel and cabins, RV park, restaurant and lounge, grocery store, and fuel services.
“Carmacks is a vibrant and close-knit community. We are excited to introduce the CHL Community Investment Fund to support initiatives that will benefit the community and that may not otherwise be possible without funding support.”
Cory Bellmore, Director, Carmacks Hotel Ltd. Board
“At NVD’s heart is making a positive impact and giving back to the communities it operates in. The new CHL Community Investment Fund is an exciting and meaningful opportunity to support community-driven initiatives in Carmacks. We’re delighted that the first donation will benefit local youth.”
Michael Hale, Chief Executive Officer, Northern Vision Development LP
About Carmacks Development Corporation
Carmacks Development Corporation (“CDC”) is the business arm of the Little Salmon Carmacks First Nation (LSCFN, the sole Shareholder). CDC operates throughout the traditional territory of LSCFN and has developed a number of exciting partnerships. CDC owns and manages commercial, industrial and residential properties in Carmacks and Whitehorse, Yukon. CDC has been in business more than 25 years and currently owns and manages residential rental units in the community of Carmacks, Yukon.
In addition, the corporation solely owns and manages various commercial and industrial properties in Carmacks and has real estate investments in Whitehorse, Yukon Territory. The company engages in incubating LSCFN citizen businesses, business partnerships, ventures and investments.
About Northern Vision Development
Northern Vision Development (“NVD”) is a private real estate partnership which is proudly majority First Nation-owned. Celebrating its 20th year of operations, NVD owns, manages, acquires, and develops hospitality, commercial and residential assets in the Yukon, Canada. NVD is managed by its General Partner, Northern Vision Development Corp., a private corporation based in Whitehorse and formed under the laws of the Yukon. Today, NVD proudly owns, co-owns, and operates seven hotels, an 84-unit assisted living facility and a diverse portfolio of residential and commercial properties located throughout the Yukon.
Media Inquiries:
Megan Foreman, VP Business Affairs
Northern Vision Development LP
867-332-7668
Ron Gartshore, CEO
Carmacks Development Corporation
867-689-7877
