Nisg̱a’a Growth Corporation (NGC) is governed by a Board of Directors, appointed by the sole shareholder – Nisg̱a’a Lisims Executive (NLG), representing Nisg̱a’a citizens. The major role of the board is to select a Chief Executive Officer and ensure sound governance and direction for NGC in meeting its mandate as directed by the Wilp Sìayuukhl Nisg̱a’a (WSN) Economic Prosperity Strategic Plan (EPSP) that identifies the vast potential within the Nation’s natural, cultural, human and financial resources.
By NLG Authourizing Resolution, 2022/086, the NLG Executive authorized the incorporation of the Nisg̱a’a Growth Corporation (NGC) on the terms contained therein. The Articles of Incorporation highlight three key areas of governance:
The purpose of the Company is to create long term economic growth for the benefit of the Nisg̱a’a citizens and, the Wilp Si’ayuukhl Nisg̱a’a (“WSN”), guided by the WSN Economic Prosperity Strategic Plan dated September 11-13, 2019, as it may be amended (the “Plan”), and such other economic development strategies created from time to time. It will do so by establishing one or more new Nisg̱a’a economic enterprises that will focus on particular areas of specialization.
The Company will operate at arm’s length from the Nisg̱a’a Lisims Government (“NLG”), with operational independence to choose the ways and means to implement the Nisg̱a’a Nation’s economic development objectives, including those set out in the Plan, subject to any matters reserved exclusively to the shareholder under any shareholder declaration and the Business Corporations Act, and in compliance with the applicable laws of the Nisg̱a’a Nation, the Province of British Columbia and Canada.
The Corporation will provide direct, accurate, transparent and timely reporting to the NLG Executive and Nisg̱a’a citizens on its achievement of measurable goals.