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Aqsarniit Hotel and Conference Centre
and training Inuit to operate and manage the fishing are currently executing a four-year major capital
vessel the Saputi. It also means that the revenue will investment program for a total project value of
stay in Nunavut and benefit the Qikiqtani Region approximately $142,000,000 requiring QC equity
and Inuit. Having full ownership will allow QC to investment of $51,000,000.
market products from Nunavut which will contribute
not only to QFC but will help to promote the entire NUNAVUT NUKKIKSAUTIIT
Nunavut offshore fishing industry. CORPORATION—CLEAN ENERGY
PROJECTS IN THE NORTH
Other additions to QC wholly owned subsidiaries
include Aqsarniit Hotel and Conference Centre Inc., QC is proudly a pioneer for clean energy. In 2017,
Qikiqtaaluk Business Development Corporation, QC established Nunavut Nukkiksautiit Corporation
Nunavut Nukkiksautiit Corporation, PanArctic (NNC), Nunavut’s first 100% Inuit-owned renewable
Communications Inc., and Akiuq Corporation (IOL energy developer—a milestone for clean energy in
Land Development). QC and Group of Companies the north.
16 MAY 2022 | BUSINESS ELITE CANADA
