The Northwest Territories is a federal territory of Canada. Located in northern Canada, the territory borders Canada's two other territories, Yukon to the west and Nunavut to the east, and three provinces: British Columbia to the southwest, Alberta and Saskatchewan to the south. The Northwest Territories is expanded over an area of 1,300,000 square kilometres so the area exhibits a major climate variation from southern part to northern part. The southern fraction of the Territory exhibits a subarctic type weather while the north has a polar climate. The NWT's geographical resources include gold, diamonds, natural gas and petroleum. In Northwest Territories there are three diamond cutting and polishing factories, two of which generate government certified diamonds.

Northwest Territories is one of the three territories of Canada. The capital is Yellowknife since 1967. The territory benefits from vast geological resources in the region, including diamonds, gold and natural gas. In particular, diamonds in the Northwest Territories are offered as an ethical alternative to alleviate the risks of conflicts to gain support so-called "diamond war." However, its operation has also caused environmental concerns. The vast amount of natural wealth and small populace give the Northwest Territories with the highest GDP per capita of all provinces and territories of Canada.