Aboriginal Organizations to promote economic opportunities
CAMBRIDGE BAY, NU, Oct. 16, 2014 /CNW/ - Minister Aglukkaq today announced an arrangement to empower three Northern Aboriginal organizations to provide service delivery for CanNor's Northern Aboriginal Economic Opportunities Program (NAEOP).
The new arrangement gives the Kitkmeot Inuit Association, the Kakivak Association and dana Naye Ventures responsibility to promote CanNor's NAEOP Entrepreneurship and Business Development Fund and accept applications for funding under this program. The three external delivery organizations can then recommend project funding to CanNor. The Minister of CanNor will continue to make final decisions about which projects will receive funding under the program.
- The Kitikmeot Inuit Association has responsibility for promoting economic development among the 5,000 Inuit beneficiaries of the Nunavut Land Claims Agreement in northern Nunavut.
- Kakivak has worked with community businesses through the Nunavut Community Economic Development Organization (NCEDO) for a number of years in partnership with CanNor. Some 94% of the businesses funded on NCEDO's recommendation are still in business.
- dana Naye Ventures in Yukon has also served as an external delivery organization for CanNor for five years and has forwarded funding recommendations totalling $2.4 million.
"The Government of Canada is delivering on its commitment to respond to both new and changing economic conditions and the unique needs of Aboriginal people, as part of the Federal Framework for Aboriginal Economic Development. These new external delivery arrangements will empower Inuit and Aboriginal organizations to become more engaged in the economic development of their communities."
Minister of the Environment, Minister of the Canadian Northern Economic Development Agency, and Minister for the Arctic Council
"The KIA is pleased to bring delivery of this funding program into the Kitikmeot and closer to our beneficiaries. It has taken years of work to achieve this arrangement with CanNor. We look forward to working with Inuit companies and new entrepreneurs to build business capacity in our region."
Dr. Charlie Evalik
Kitikmeot Inuit Organization
SOURCE: Canadian Northern Economic Development Agency (CanNor)
For further information:
Office of the Honourable Leona Aglukkaq
Canadian Northern Economic Development Agency
Communications Officer, Nunavut
CanNor works to help develop a diversified, sustainable and dynamic economy across Canada's three territories, and delivers on its northern mandate through funding programs, the Northern Projects Management Office and by undertaking policy and research.
Kitikmeot Inuit Association
For more information about CanNor, visit cannor.gc.ca
For more information on Canada's Northern Strategy, visit: northernstrategy.ca