Makivik Corporation has announced $16.8- million will be allocated in support of many different community projects and new initiatives, due to solid returns from their financial portfolio, which resulted in a $3-million dividend from First Air and a $2-million dividend from Air Inuit. In the new year, 15 communities, including Inuit in Chisasibi, will share $4.5-million of the funds. In addition, close to $1.3-million will be provided for the following community initiatives: Recreation and Leisure, Elders, Junior Rangers, JBNQA Day, National Aboriginal Day, Church Fund, Community Donations Fund, and the Hospital Patients Fund.
Organizational funding under the Sanarrutik Agreement includes funding for the Avataq Cultural Institute, including the creation of a language authority; Taqramiut Nipingat Incorporated, Nunavik’s public broadcaster; the Nunavik Tourism Association; Nunavik Sivunitsavut; the Nunavik Mineral Exploration Fund; the Nunavik Hunting Fishing and Trapping Association; the Qarjuit Youth Association; the Landholding Corporations; and the Nunavik Landholding Corporation Association.
As well, funding will be distributed to the Isuarsivik Regional Recovery Centre in Kuujjuaq for the construction of a larger and more adequate facility; monies for two additional film documentaries in 30-minute formats, as part of an eight-part series, following the success of the documentary, “Now That You Can Stand”; the Qanuilirpitaa health survey; the annual Ivakkak dog race; the Makivik Income Tax project, which assists 6,000 Nunavimmiut in the preparation of tax returns; and the “Fur harvesting, Locally Made Clothing, and Access Initiative,” funded through the Hunter Support Program (HSP) and managed by the Kativik Regional Government (KRG).
Together, the Makivik Board of Directors, Governors, and Makivik Executives made these funding decisions collectively for the benefit of all of Nunavik.