Page 6 - The Town of Torbay
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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.



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