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leased by the Government of Nunavut and various
private sector businesses.
In 2017, NCC and the Government of Nunavut
entered into a lease-to-own agreement for the 10
office buildings constructed as part of the initial
infrastructure project. In accordance with this lease-
to-own agreement, the Government of Nunavut
will make monthly extension rent payments for
a 10-year period following the end of the initial
20-year leases. At the end of the 10-year extension
rent period, the Government of Nunavut will take
ownership of the 10 office buildings.
Two years later in 2019, Qikiqtaaluk Properties
Inc. and NCC Properties Limited entered into a
partnership, QPI/NCCP Plateau Development. “The
Legislative Assembly Building - Interior
Congratulations Clarence Synard!
HUB’s team wishes sincere
congratulations to Clarence Synard
on being named “Businessperson
HUB International advises of the Year” by the Baffin Regional
businesses and individuals on
how to reach their goals. When Chamber of Commerce in 2021.
you partner with HUB, you’re
at the center of a vast network
of risk, insurance, employee
benefits, retirement and wealth
management specialists who
bring clarity to a changing world HUB is proud to do business with the NCC Group of
with tailored solutions and
unrelenting advocacy. Companies in Nunavut.
So you’re ready for tomorrow.
VISIT US online at
Risk & Insurance | Employee Benefits | Retirement & Private Wealth
hubnunavut.com
JULY 2022 | BUSINESS ELITE CANADA 13