If a made-in-Yukon resolution proves successful, the Conservative Party of Canada will be pitching 100 per cent resource royalties for the three territories during the next federal election.
The amendment to Tory policy will be heard at the party's convention in Halifax, which began today and wraps up Saturday. It calls for further powers through devolution of responsibilities from Indigenous and Northern Affairs Canada to territorial and Indigenous governments.
In 2014, the Devolution Agreement passed jurisdiction over Crown resources to the territorial government.
The NWT Bureau of Statistics records that revenues from mining make up roughly a quarter of the territory's $4.6-billion GDP.
The GNWT keeps 50 per cent of revenues collected from resource development on public land, and the federal government deducts that share from the territory's federal transfer payment.
The GNWT shares up to 25 per cent of its resource revenues with Indigenous governments that had signed on to the devolution agreement.