Kitikmeot Corporation’s investment approach is strongly focused on ensuring that we take full advantage of the business opportunities occurring in our region. We do this by identifying the prospective sectors of the economy where we can and should be engaged – and then we dedicate ourselves wholeheartedly to the task. In paving the way for new investments and ventures, we carefully select only the best business partners to work with, ensuring that we share comparable visions and goals.

We manage our investments with care and we pursue strategic opportunities that not only provide a good return on investment, but also generate employment opportunities for Kitikmeot Inuit. Training and knowledge transfer are other benefits that KC is increasingly focused on. We believe that by creating these opportunities by way of our subsidiaries and joint venture companies, and with the support of partners like the KIA and the governments of Nunavut and Canada, we can both create wealth and foster significant positive and long-term socio-economic impacts.

We believe that a diverse portfolio of investments is key to a successful business strategy.   Over the past few years KC has worked hard to broaden the range of sectors that we operate in. This helps to ensure that downturns in one part of the economy, does not unduly threaten our entire operations.  To this end, KC has established a variety of Subsidiaries, Incorporated Joint Ventures, and Unincorporated Joint Ventures to advance its business strategy.


KC subsidiaries are businesses that are entirely owned by KC, but for purposes of liability, taxation and regulation, are structured as distinct legal entities. While KC holds 100% controlling interest in its subsidiaries, the individual companies are governed at arm’s length via their own boards of directors which are distinct from the KC Board.


KC has entered into formal relationships with a variety of companies operating in areas relevant to the economy of Kitikmeot region. These ‘Incorporated Joint Ventures’ are structured business agreements by which the participating parties agree to share revenues, expenses and assets. The size of KC’s ownership stake in its joint ventures varies from business to business. In some of its joint ventures, KC is the majority owner (over 51%), while in other cases KC may hold an equal or minority position.


From time to time, KC enters into ‘Unincorporated Joint Ventures’ with other business entities. These kinds of relationships provide considerable flexibility, allowing the parties to collaborate more informally, usually by way of a contract, instead of having to operate under an incorporated structure. KC will consider using Unincorporated Joint Ventures as a preferred structure when the venture in question is ‘project-based’ and/or responds to a short-term opportunity.   Unincorporated Joint Ventures also can serve as a preliminary step to establishing a more formal, longer-term business relationship should additional opportunities arise.