In past years, TNDC’s business was focussed primarily on major heavy construction and earthworks contracts in the exploration and mine development sectors. The lack of major projects in Tahltan Territory, together with reduced spending on exploration projects impacted TNDC’s business. This served as a revelation that TNDC needed to review and revisit its business model to diversify into other markets. With increased activity in exploration and other sectors over the past two years, TNDC is positioning itself to capitalize on business opportunities.
In 2017, the CEO and the Board Directors developed a new strategic plan to guide the corporation. The objective was to implement a strategic plan which will return TNDC to profitability by providing sound fiscal management to increase revenues, reduce costs, expand TNDC’s market share and increase employment opportunities for Tahltan members.
Improving profitability takes time and requires a measured plan to execute on a strategy that delivers measurable results. TNDC’s Board of Directors is encouraged by the actions taken, progress made, and the direction in which the company is headed.
TNDC has re-energized its core construction business, aggressively pursuing contract opportunities of all sizes across various industries, thus growing its service capabilities and targeting new business areas and opportunities. The company is exercising fiscal responsibility. Management has implemented necessary cost control initiatives to improve efficiencies, increase accountability and reduce expenses. Initiatives have also been introduced to increase training and employment opportunities for Tahltan members.
To maintain focus on serving TNDC’s shareholders, the Board is committed to strong corporate governance, which is vital to ensure accountability and responsible management. The Board established a governance committee to review and updated the Board manual, ensuring appropriate policies and procedures to guide Board members in their roles and responsibilities. A successful governance training session was held in which protocols and obligations were emphasized.
Reflecting on this past year, I must acknowledge the commitment and contributions of my Board colleagues. We bid farewell to two long-serving board members. I thank Feddie Louie and Vernon Marion for their years of dedication and valuable contributions. In their place, we welcomed two new board members. Mindy Henyu is an Indigenous community relations professional with extensive experience in the oil and gas industry. Clint Keso brings 40 years of heavy construction experience on infrastructure, mining, energy, resource and civil projects. I also thank TNDC’s employees for their contribution and commitment to delivering on TNDC’s mandate.
Although there continues to be some geopolitical uncertainty, there is more progress to be made in TNDC’s journey and TNDC must remain steadfast in delivering on its priorities. The board is confident TNDC has the right strategic focus, under the right leadership, to return to profitability and ensure its long-term, sustainable growth.
We established the Tahltan Macro Industries Joint Venture with TNDC in 2009. Macro is very satisfied with the relationship we have with TNDC. The company has a reputation of being a solid and reputable business corporation, that emphasizes value added partnerships and business developments. We look forward to working with TNDC in future opportunities.Darcy FriesenManager of Business Development & Special Projects, Macro Industries
We worked with TNDC on the Galore Creek mining project and the Northwest Transmission Line, providing heavy lift helicopter services. It made good business sense to get involved with the Nation, so we formed Tahltan Helifor Joint Venture in 2011. After meeting Bill Adsit, I knew we had made the right decision. We have had only positive experiences and look forward to continued collaboration.Gary LaidlawPresident & General Manager, Helifor Canada Corp.
We’ve had many projects in Tahltan territory through our Rescan Tahltan Environmental Consultants (RTEC) partnership, and the experience has been excellent. TNDC’s management team has been an honorable and knowledgeable group to work with. They always look at ways to make things work, and we have developed lasting friendships. It’s been an honour to work together.Clem Pelletierformer CEO, Rescan Group
TNDC is a great place to work. The atmosphere in the office is friendly, open, and honest, and there is always humour and laughter. I like that TNDC maintains an active approach of hiring locally and offers training within that position. Employees are highly encouraged and supported to advance professionally, which ripples into advancing personally as well.Rhonda QuockFinance & Administration Manager, TNDC
We formed our Tahltan Aeronigma Geodis Wilson partnership in 2011. It’s been an honour to partner with TNDC for the opportunity to provide our wide-range of global logistical services and be a part of a world class organization built on mutual cooperation, trust and respect. They’re a terrific group of educated, business friendly people eager to learn and work with us.Adam J. WicksteadPresident, Aeronigma Solutions Inc.
Sodexo Canada has been a partner with TNDC since 2002, providing complete camp management through Spatsizi Remote Services. During this time we have worked on many projects, and employed many Tahltan members. It’s been very positive, and the business relationships have formed long lasting personal and business friendships.Ivor MacGregorVice President, Operations, Sodexo Canada Ltd.