Inuit Development Corporations Reform Relationship

Published on June 17, 2013

RDC-RIA-NTI Meet to Reform Nunasi GovernanceIqaluit, Nunavut (Nov. 9, 2012) – The Kitikmeot Inuit Association, Kivalliq Inuit Association, Qikiqtani Inuit Association, Nunavut Tunngavik Incorporated, Kitikmeot Corporation, Sakku Investments Corporation, Qikiqtaaluk Corporation and Nunasi Corporation have all agreed to restructure the governance of Nunasi Corporation.

“Nunasi’s priority has always been to serve the three regions of Nunavut. As our companies have gained assets and capacity change has always been required to ensure continued growth. It was time for us to review what was working and what needed to be changed.” said Wilfred Wilcox, Chair of the Nunasi Corporation Board of Directors.

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The Chair and President of each of the three Regional Development Corporations along with one appointee from each of the three Regional Inuit Associations will form the Nunasi Board of Directors. “As Inuit owned companies we want to make sure we are united. We want to work together for the benefit of our shareholders. We want to be prepared to ensure Inuit benefit from the economic boom Nunavut will see in the coming years.” concluded Wilcox.

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For more information contact:

Franco Buscemi
Director, Communications and Marketing
Nunasi Corporation
O) 867 979 2160
C) 867 222 2477