THE COMPANY
Qikiqtaaluk Corporation (QC) is the Inuit Birthright Development Corporation owned by the Qikiqtani Inuit Association (QIA). QIA (Baffin Regional Inuit Association or BRIA at the time) incorporated QC on November 2, 1983.
For a company vision statement we developed the following:
To own and operate ‘good businesses’ that: build on the spirit of the Nunavut Land Claims Agreement and fulfill our intention to preserve, promote, and protect. To that end, we envision:
- Owning and operating sound businesses that generate profit for today and wealth for tomorrow
- Developing people and creating meaningful employment and career opportunities for Inuit
- Contributing to community well-being and wealth generation
- Upholding Inuit values and protecting the earth, air and water
- Successfully participating in the emerging global economy
- Fostering a strong sense of pride in our businesses and in our people
QC’s FAMILY OF COMPANIES
Major Projects
- Mary River
- GN Property Assessment
- Fox C
- Cape Christian
Wholly-owned Subsidiaries
- Qikiqtaaluk Properties Inc.
- Baffin Gas Limited
- 3379442 Canada Inc.
- Qikiqtaaluk Logistics
- Qikiqtaaluk Information Technology Corporation
Joint Ventures
- Fisheries
- Baffin Fisheries Coalition
- Unaaq Fisheries
- Qikiqtaaluk Fisheries
- Transportation, Communication & Utilities
- Qikiqtaaluk Information Technology Corporation (QITC)
- Nunavut Petroleum Corporation
- Nunavut Eastern Arctic Shipping Incorporated
- Uqsuq Corporation
- Trades & Services
- Toromont Arctic
- Larga Baffin
- Frobuild (2006) Ltd.
- Qikiqtaaluk Environmental
- Qikqitaaluk Logistics
- Qikiqtaaluk Properties Ltd.
- Baffin Gas
- Construction
- Pan Arcitc Inuit Logistics
- NCC Investment Group
- 3379442 Canada Inc.
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- Affiliates
- Northern Coalition
- Baffin Fisheries Coalition
- Northern Shrimp Research Foundation
- Nunavut Fisheries Training Consortium
- Nunasi Corporation
- Canadian Helicopters
A) General
Qikiqtaaluk Corporation (QC) is the Inuit Birthright Development Corporation owned by the Qikiqtani Inuit Association (QIA). QIA (Baffin Regional Inuit Association or BRIA at the time) incorporated QC on November 2, 1983.
QC’s function is to own and operate successful, well-run businesses that:
- Build on the spirit of the Land Claims Agreement
- Generate profits
- Develop people and create employment and career development opportunities
- Contribute to community well-being
- Uphold Inuit values
- Prepare the company to participate in the global economy
QC’s operations now include Environmental Management Services, Transportation Services, Offshore Fisheries, Property Assessment, Construction Development, Petroleum Distribution, Real Estate and Property Management, and Retail operations.
QC has four wholly owned subsidiary companies and participates in a wide range of joint ventures. These are described in Sections 5, 6, and 7 below.
B) Corporate Governance
Qikiqtaaluk Corporation is governed by a five-member Board. Board members are chosen for their combination of business experience and knowledge of Baffin communities, and serve for a three-year renewable term. In order to ensure accountability to QC’s owner, the Qikiqtani Inuit Association, the Chair of QC is a member of the QIA Executive Committee. All other appointments are made by the QIA Board of Directors.
The QC Board oversees the general policy direction of the company, as well as its subsidiaries and joint ventures. They also guide the development of the budget and approve the annual audited financial statements. Over the past year they have also been very active in developing a long term business strategy for QC.
The two senior officers of QC are the President and Vice President, who coordinate operations of QC, its subsidiary companies, and joint ventures.
QC has also initiated an Investment Advisory Committee to assist both Board and management with due diligence on existing businesses and potential opportunities.
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