Page 13 - BEC / JULY / 2022
P. 13

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
   8   9   10   11   12   13   14   15   16   17   18