IDCA is comprised of seven corporations tasked with pursing business development opportunities for the Inuit of their respective regions. IDCA’s member corporations collectively have revenue of over $600 million per year, interests in over 100 companies and they employ more than 1,000 Inuit. They are key economic players in the arctic economy. To learn more about IDCA’s Members and the companies that they hold, click on the following links:
Inuvialuit Development Corporation (IDC) is a 100 per cent Inuvialuit-owned for-profit holding company, with a wealth of experience growing leader businesses in a variety of industries. IDC has cultivated a diversified, growth-oriented portfolio as the business arm of Inuvialuit Regional Corporation (IRC).
Kitikmeot Corporation (KC) is a 100% Inuit-owned company committed to creating economic activities that contribute to the overall wealth and wellbeing of the Kitikmeot region. KC is a proud owner and joint venture partner for over 30 companies that participate in a wide range of key sectors within Canada’s northern economy. Over the years, KC has purposefully expanded its networks, resources, and investment strategies to offer greater support to its partners and the Kitikmeot region.
Sakku Investments Corporation is the development corporation of the Kivalliq Inuit Association. Sakku has strategic investment in a wide range of industries, including mining and industrial services, transportation and logistics, health and medical product supply, professional services and real estate and property management.
Qikkiqtaaluk Corporation (QC) was established in 1983 by the Qikiqtani Inuit Association (QIA) to serve as the for-profit economic development arm of QIA. QC’s goal is to improve the social and economic well-being of Nunavut and the 15,500 Qikiqtani Inuit it represents by investing in and creating strategic business opportunities. To advance this goal, QC strives to be a major contributor to all sectors of the Nunavut economy, focusing primarily on fisheries, retail operations, property development and management, but more importantly in servicing the emerging mining and resource development sector.
Makivvik is mandated to speak on behalf of the Inuit of Nunavik, and protect the rights, interests and financial compensation provided by the 1975 James Bay and Northern Quebec Agreement, the first comprehensive Inuit land claim in Canada, and the more recent offshore Nunavik Inuit Land Claim Agreement that came into effect in 2008. The Corporation’s distinct mandates range from owning large profitable business enterprises and generating jobs; to social economic development, improved housing conditions, to protection of the Inuit language and culture and the natural environment.
Nunatsiavut Group of Companies (NGC) is the business arm of the Nunatsiavut Government and brings capacity and expertise to projects in Labrador and beyond. Reporting to the Labrador Inuit Capital Strategy Trust, NGC’s Mission is to create wealth in trust for Nunatsiavut Beneficiaries by owning profitable, sustainable businesses. NGC participates in marine transportation, air transportation, commercial real estate, construction, remote camp operations, logistics, and heavy civil sectors. NGC has fully-owned businesses and also is a partner in several ventures through majority and minority ownership positions.
Nunasi Corporation is a 100% Inuit-owned development corporation with its Headquarters in Iqaluit, Nunavut. It is committed to investing and growing businesses that provide responsible returns to its shareholders, which represent the Inuit of all of Nunavut’s regions. Nunasi exists to drive business growth in the industries that benefit Nunavummiut most: health services, energy, infrastructure and federal procurement.
These corporations are strategically positioned in a range of different sectors highly relevant to the north, including primary industries, transportation, construction, real estate development and retail. To pursue opportunities in these sectors, the IDCA’s members have established full, partial, or joint ownership companies.
