The Department of Industry, Tourism and Investment (ITI) was created on April 1, 2005 when the Department of Resources, Wildlife and Economic Development (RWED) split to create ITI and the Department of Environment and Natural Resources (ENR).
The priorities of the Department include the overall economy of the territory, the sustainable development of natural and energy resources and needs assessments regarding related industries, industrial initiatives and the negotiation of agreements for proposed developments, development of traditional economy, and development of parks and tourism.
RWED transferred the responsibilities of the Economic Development division in several units: Tourism, Minerals, Oils and Gas, Investment and Economic Analysis and the Business Credit and NWT Development Corporations (which combined in 2006 to form the Business Development and Investment Corporation at arm’s length from ITI, and ceased to be part of the organizational chart of ITI in 2009-2010) to the newly formed ITI.
The Strategic Initiative division included the Diamond Projects, Mackenzie Valley Pipeline Office, Energy and Industrial Initiative units. Corporate Management division was comprised of the Directorate, Policy, Legislation and Communications (PLC) and Corporate Shared Services.
In 2006-2007 the divisions changed to Corporate Management, Economic Development (comprised of Tourism and Parks, Investment and Economic Analysis, and the NWT Business Development Investment Corporation), and Energy, Mines and Petroleum Resources (comprised of Minerals, Oils and Gas, Mackenzie Valley Pipeline Office, Energy Planning, and Industrial Initiatives).
In 2008-2009 the divisions changed to Corporate Management, Energy, Tourism and Parks, Economic Diversification and Business Support, and Minerals and Petroleum Resources.