TNDC reached a significant milestone during the 2018-2019 fiscal year – delivering a profit for the first time in three years. The Board is extremely pleased with this result, which was achieved due to increased revenues, continued implementation of cost control initiatives and improved operational efficiencies.
As the business arm of the Tahltan Nation, the stimulus for TNDC’s success comes from the Tahltan membership. In striving to ensure a fiscally strong company, the Board also seeks to make a better future for the Tahltan community. The Board is pleased TNDC is making strides in its commitment to deliver employment and training opportunities to Tahltan members.
Driven by a responsibility to ensure TNDC’s long-term sustainability, the Board strives to foster business growth by reinvesting profits, while also contributing to the Tahltan community. TNDC’s success this year is enabling TNDC to pay a dividend to our Shareholders – Tahltan Central Government, Iskut Band Council and Tahltan Band Council.
A strategic engagement meeting with the TNDC shareholders was held in February 2019. The initial session brought together Tahltan Leadership, Band Councils and the TNDC Board to facilitate discussion about TNDC’s vision, mandate and protocols. All stakeholders working together in the best interest of all Tahltans was a major focus of the meeting.
Building upon this exercise, TNDC’s Board of Directors initiated a strategic planning process in the fourth quarter. The board developed a 3-year strategic plan that identifies objectives and priorities. The plan will see TNDC strengthen internal capabilities, develop core business areas, pursue new business opportunities and continue to drive operational efficiencies.
The Board believes there is an opportunity to increase TNDC’s market share in the exploration and mining sector, as well as to grow revenues for TNDC’s construction and camp services divisions. To continue driving diversification, TNDC will pursue new opportunities in forestry, liquified natural gas, building construction and infrastructure. TNDC will also move forward on the development of industrial land parcels in Tahltan Territory. A review of TNDC joint ventures and partnerships will also be undertaken.
Reflecting on this past year, I wish to acknowledge the contributions of my Board colleagues for their dedication and engagement. I also express thanks to TNDC’s management and employees for their efforts, particularly their commitment to safety and profitability, and to our Shareholders for their continued support.
Looking ahead, implementation of the strategic plan will require ongoing investments in people and resources, underscored by an ongoing commitment to fiscal responsibility and strong governance. The Board remains confident TNDC is positioned for continued success, with a solid strategy and strong leadership team.
We are self-sustaining, we are self-actualizing, we are Tahltan.
Chair, TNDC Board of Directors
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
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 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.
Ledcor recognized the benefits offered through the Tahltan’s local expertise and experience, and welcomed the opportunity to involve community members in projects. We established Tahltan-Ledcor Joint Venture back in 1991 when we managed construction on the Eskay Creek mine. We value the partnership with TNDC and look forward to the opportunities ahead within Tahltan traditional territory.Rodger McLeanPast Business Development & Aboriginal Relations Manager, Ledcor
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
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.