Page 11 - NCC Investment Group

Mass_NRG_WhiteLine_Inset_InnerMask_CMYK

Inuksugait Plaza

housing stock is primarily composed of public investment provide opportunities to engage other
housing and staff housing with some private home Inuit-owned business, will the investment help to

ownership. “We are currently working with Inuit satisfy a need of the community,” asks Synard.
organizations and the government to fill in the gaps

and create new housing models that will address Synard has recently been recognized as Business

the issues,” says Synard. “The Inuit organizations Person of the Year at the Baffin Regional
and government need to collaborate to tackle the

crisis we are faced with. Discussions around this Celebrating
are now occurring. The approaches in the past have Clarence Synard and

not worked and we feel that Inuit organizations NCC Investment Group Inc.
Thank you for your commitment
are the solution to lead the way in addressing this to Arctic investment
serious issue.” and development.

Serving Nunavut

A robust investment strategy assesses all rony.gravelines@rbc.com
kyle.sheppard@rbc.com
investment opportunities against a set of criteria,

which are aligned with the strategic priorities of

NCC. Criteria must consider social and fiduciary
factors to be deemed a good fit; Return on

Investment is measured not only by the fiscal
bottom line, but its social Return on Investment

equally. “For example, does the investment help

to address the housing crisis, will the investment
generate employment opportunities for Inuit, will the ® / ™ Trademark(s) of Royal Bank of Canada. VPS110035 127132 (09/2021)

10 11