Author Archives: alefebvre

 

Nunasi Corporation announces appointment of new President and CEO

March 2, 2020 – The Board of Directors of Nunasi Corporation are pleased to announce the appointment of Clint Davis as the President and CEO of Nunasi Corporation. Clint Davis is an experienced and a nationally recognized business leader with a track record of success. He has extensive experience in Inuit business development serving for over eleven years as the Chair of the Board of Directors of Nunatsiavut Group of Companies.

Clint was most recently the CEO of North35 Capital Partners, a business and capital advisory firm that works with Indigenous governments and economic development corporations to achieve growth by maximizing of their inherent competitive advantage. Prior to that role, he was the Vice President of Indigenous Banking at TD Bank Group.

Clint began his career as a lawyer in St. John’s, Newfoundland and Labrador, he later entered public service at the Department of Indian Affairs and Northern Development Canada. Upon leaving government, he moved to BMO Bank of Montreal where he was as the National Director for Aboriginal Banking, then later led the Canadian Council for Aboriginal Business as President and CEO.

Clint has a Bachelor of Business Administration from Acadia University, a Bachelors of Laws from Dalhousie University and a Masters of Public Administration from Harvard University, where he was a Canada-U.S. Fulbright scholar. He was the recipient of the 2016 Indspire Award for Business and Commerce and was recognized as a Distinguished Alumni by his alma mater Acadia University.

“We are pleased to have Clint Davis join Nunasi Corporation to lead our group of companies into a new period of growth,” said Harry Flaherty, Chairperson Nunasi Corporation. “Nunasi has undergone significant restructuring over the last five years and it is well positioned to generate strong and responsible returns to its shareholders.”
About Nunasi Corporation

Nunasi Corporation is a 100 % Inuit owned and Nunavut based business development company. In 1976, the Inuit Tapiriit of Canada ((now Inuit Tapiriit Kanatami) created the Inuit Development Corporation (now Nunasi Corporation). The corporation was created for the purpose of Inuit taking a prominent role and place in commerce. Nunasi has investments in construction, transportation, retail, logistics, expediting, bulk fuel storage and supply, medical boarding homes, digital communications and manufacturing.

Link to Bio Here: https://nunasi.com/clint-davis-biography/

 

Declaration of Dividends – July 15th 2015

The Board of Directors of Nunasi Corporation at its recent Board meeting have declared dividends to its class B preferred shareholders: Qikiqtani Inuit Association, Kivalliq Inuit Association and Kitikmeot Corporation, totaling $967,335.60

“We are extremely pleased that the results of the restructure for the last couple years have allowed Nunasi to get back in profitable position whereby dividends can be declared”, states Harry Flaherty, Acting President & COO.

Link to the Declaration of Dividends .pdf document.

 

2015 Nunasi Scholarship Applications Now Being Accepted

Nunasi Corp Vertical

The Nunasi Scholarship applications are being accepted online at www.nunasi.com.

Eleven $2500 scholarships are available to Beneficiaries of the Nunavut Land Claims Agreement who will be attending an accredited post-secondary educational institution in the 2015/2016 school year. Applications will be scored on academic performance and commitment.

The application process is objectively based on the applicant’s academic results, leadership skills, contribution to Nunavut and financial need. Applicants who are achieving good grades and who are in their second or subsequent year of study will have the best chance of receiving the
scholarship. We want to reward those striving for excellence, completion of their studies and contribute to the success of Nunavut.

Deadline for submission: August 31, 2015. Only those selected for the scholarship will be contacted by September 30, 2015.

The Scholarships are made possible by:

Nunasi Corporation, Nuna Logistics Limited, Larga Kitikmeot, NCC Investment Group Inc., Larga Ltd., and Polar Vision Centres.

For further information, please contact:

Malaya Rheaume
Executive Director
Nunasi Corporation
Tel: (613) 234-6534
Fax: (613) 234-9553
malaya@nunasi.com
www.nunasi.com

 

New General Manager at Polar Vision Centres Ltd.

Yellowknife, NT (Feb 16, 2015) – Polar Vision Centres Ltd. is pleased to announce the appointment of Robert Morrow as General Manager. 

Polar Vision Centres Ltd. is owned by Nunasi Corporation and operates two dispensaries, Polar Vision and Baffin Optical. Located in Yellowknife Polar Vision provides frames, prescription glasses, contact lenses, CSA approved safety eye-wear, and sunglasses in Yellowknife and to the Kivalliq and Kitikmeot regions of Nunavut.

Baffin Optical is located in Iqaluit and services the Qikiqtaaluk region offering eye exams, contact lenses and prescription eye-wear in all the vintage and latest fashions at a new great location in Iqaluit House (across from Canada Post).

For more information:
Robert Morrow
General Manager
Polar Vision Centres Ltd.
Suite 113, 5109 48th Street
Yellowknife, NT X1A 1N5
867 920 4500

Polar_Vision

Baffin_Optical

 

Kitikmeot Corporation Assumes 100% Ownership of Kitnuna Following the Purchase of Nunasi Corporation’s Shares

Cambridge Bay, Nunavut, February 9th, 2015
Greg Cayen, President and COO of Nunasi Corporation (Nunasi), and David Omilgoitok, President and CEO of Kitikmeot Corporation (KC), and are pleased to announce the completion of a sale which will see all of Nunasi’s shares in Kitnuna Corporation (Kitnuna) transferred to KC. With this transaction, Kitnuna, which was previously structured as a 50/50 joint venture between the two companies, will now be 100%-owned by KC.

“Nunasi’s sale of its stake in Kitnuna is consistent with the strategic direction that our company has taken since the introduction of a new ownership structure in 2013 intended to align Nunasi’s interest with those of Nunavut’s three Regional Development Corporations,” said Nunasi President, Greg Cayen. “It makes good business sense for Kitnuna, a business intensively
focused on serving the Kitikmeot region, to fall under the full ownership of Kitikmeot Corporation, which is better positioned to provide the critical support that will allow Kitnuna to successfully pursue local and regional business opportunities.”

KC President, David Omilgoitok noted, “Kitnuna has been operating for over 30 years in Cambridge Bay and has been a very important player in our region’s economy. I am confident that with strong support from Kitikmeot Corporation, Kitnuna’s operations can expand, thereby resulting in a variety of benefits, including improved revenues, new business developments, and more employment opportunities for Inuit. I am excited by the prospects of KC’s complete ownership of Kitnuna and look forward to the exciting times ahead”.

For further information, please contact:
Greg Cayen
President & COO, Nunasi Corporation
P.O. Box 1559
Iqaluit, NU
XOA OHO
Ph: 867-979-2160

nDavid Omilgoitok
President & CEO, Kitikmeot Corporation
P.O. Box 18
Cambridge Bay, NU
X0B 0C0
Ph: 867-983-2200

About Nunasi Corporation
Nunasi Corporation is a 100% Inuit owned Development Corporation with investments in construction, real estate, logistics, bulk fuel storage and supply, medical boarding homes and digital communications.

About Kitikmeot Corporation
Kitikmeot Corporation is the ‘business arm’ of the Kitikmeot Inuit Association and is responsible for developing business opportunities that build an economic base in the Kitikmeot region. KC has established subsidiaries and joint ventures in a range of sectors, including mining, mineral exploration, property development and management, medivac services, communications technology, travel services, sea-lift, and medical boarding homes.

About the Kitnuna Group of Companies
The Kitnuna Group of
Companies is 100% KC owned and is located in Cambridge Bay, Nunavut. The Kitnuna Group of Companies is comprised of four core companies as well as joint ventures, ranging in scope from: fuel supply, project management, general contracting, environmental remediation, pharmacy and building supplies.

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