The Nunavut Development Corporation is a Territorial corporation of the Government of Nunavut.
The Corporation’s enabling legislation, the Nunavut Development Corporation Act, along with its Investment Policies and Guidelines establishes NDC’s investment framework and sets out reporting requirements.
The Corporation tables its annual report in the Legislative Assembly of Nunavut, where its financial position is reported and its job creation activity is quantified.
Many of the Corporation’s initiatives are in sectors which can be characterized as high cost/high overhead but these are sectors which provide important employment and income earning opportunities for many of our residents.
The Nunavut Development Corporation is a Territorial corporation of the Government of Nunavut enabled by the Nunavut Development Corporation Act. We make equity investments in target Nunavut economic sectors that help create employment and income opportunities for residents and grow Nunavut business with an emphasis on investing in Nunavut’s smaller communities.