working together for a better tomorrow
TRANSCRIPT
WORKING TOGETHER FOR A BETTER TOMORROW
Presentation for the NUNAVUT TRADE SHOW AND CONFERENCE
September 20, 2017 - Iqaluit, Nunavut
By Harry Flaherty President, Qikiqtaaluk Corporation
PURPOSE OF THIS PRESENTATION
1) Provide an overview of fisheries activities of Qikiqtaaluk
Corporation (QC)
2) Demonstrate that QC plays an important role in the Nunavut Fisheries and Marine Development, and furthermore in the economic development of Nunavut
ABOUT QIKIQTAALUK CORPORATION
For-profit Business Development Corporation
Primarily focused on fisheries, retail operations, property development,
mining resource development
MISSION STATEMENT: To create meaningful
economic, employment and
career development opportunities for Inuit
Non-profit Economic Development Association
Provides training and support to individuals, organisations and
businesses
RETAIL, TRADE AND SERVICES TRANSPORTATION AND COMMUNICATION CONSTRUCTION AND MAJOR PROJECT FISHERIES AND MARINE SERVICES Qikiqtani Retail Services Ltd.
Qikiqtani Resource Agency Ltd.
Qikiqtaaluk Business Dev. Corporation
Frobuild (2006) Ltd.
Qikiqtaaluk Environmental Inc.
QC-Scarlet Security Services Inc.
Larga Baffin Ltd.
Toromont Arctic Inc.
Qikiqtani First Aviation Ltd. (QFAL)
Nunavut Petroleum Corporation
Uqsuq Corporation
Nunavut Sealink and Supply Inc.(NSSI)
QC Canadian (Helicopters)
3379442 CANADA INC.
Qikiqtaaluk Properties Inc.
Qikiqtani Industry Ltd.
Akiuq Corporation
Sanavallianiq Ltd.
NCC Investment Group
Nunasi Corporation
Qikiqtaaluk Fisheries Corporation
Unaaq Fisheries
Sikku Corporation
Tulaktarvik Inc.
Natsiq Investment Corporation
Arctic Ocean Development Corp.
Northern Shrimp Research Foundation
Northern Coalition Corporation
Nunavut Fisheries and Marine Training Consortium
Nunavut Offshore Allocation Holders Association
Qikiqtani Fisheries Alliance
LEGEND Subsidiaries 100% owned by QC Joint-Ventures Majority owned by QC Joint-Ventures < 51% owned by QC Affiliated
GROUP OF COMPANIES AND MAIN SECTORS OF ACTIVITY
MISSION STATEMENT: “To harvest QC fishing allocations through its wholly-owned vessel and crew.”
SAPUTI VESSEL
Up to 28 crew members each trip Carry capacity: 900 tonnes shrimp or 600
tonnes turbot Average Daily Production: 50 tonnes of
shrimp or 35 tonnes turbot $40M Annual harvesting quota value
$20M Value of fishing vessel
1,500
11,943
1,750
11,030
Greenland Halibut (Turbot) Northern Shrimp
2001 2017
COMMERCIAL OFFSHORE FISHERIES
Increasing NU Quotas since 2001
WORKING TOGETHER
Nunavut Fisheries and Marine Training Consortium - Focus: Maximizing Inuit employment in the fishery and the marine sector - Since 2005 more than $20 million spent on fishery & marine training - 91% completion rate on all courses carried out
Nunavut Offshore Allocation Holders Association - Focus: Surveys and Research & Development (R&D) of the Nunavut fishery - Established in 2012, $3-4 million are spent annually on various initiatives
Qikiqtani Fisheries Alliance - Focus: Expanding Nunavut fishery, and providing economic benefit to our communities - Established in 2017, represents Hunters and Trappers Associations (HTA) of 4
communities
QC’S CONTRIBUTION TO FISHERIES
MAKING MAJOR INVESTMENTS - Refit of Saputi vessel in 2012 - Invested in training, science and research, MSC certification, and participation
in industry organizations
CREATING CAREER AND EMPLOYMENT OPPORTUNITIES - Optimized Inuit hire → highest share of Beneficiary hiring among NU operators
HAVING A LONG-TERM VISION
- Invest in vessel ownership and modernization - Develop inshore fishery for member communities - Addressing the problem of lack of fishing infrastructure
NUNAVIK
UNGAVA BAY
FOXE BASIN
BAFFIN BAY
DAVIS STRAIT
QIKIQTARJUAQ
PROPOSED LOCATION OF DEEP WATER PORT
IQALUIT
AIRPORT
SMALL BOAT BASIN
HUDSON BAY
A DEEP WATER PORT IN QIKIQTARJUAQ, NU THE COMMUNITY
NUNAVIK
UNGAVA BAY
A DEEP WATER PORT IN QIKIQTARJUAQ, NU AN IDEAL LOCATION
FOXE BASIN
BAFFIN BAY
DAVIS STRAIT
QIKIQTARJUAQ
WINDS
VILLAGE OF QIKIQTARJUAQ
PROPOSED LOCATION OF DEEP WATER PORT
5 km
IQALUIT
HUDSON BAY
HUDSON BAY
NUNAVIK
UNGAVA BAY
FOXE BASIN
GREENLAND
NUUK
IQALUIT
BAFFIN BAY
A DEEP WATER PORT IN QIKIQTARJUAQ, NU THE BENEFITS FOR CANADA AND NUNAVUT
DAVIS STRAIT
QIKIQTARJUAQ
NAKURMIIK - QUJANNAMIIK - MA’NA THANK YOU - MERCI
By Harry Flaherty President & CEO, Qikiqtaaluk Corporation