Grants and Contributions:

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Title:

Arctic Island Lodge Renovations

Agreement Number:

2122-CN-000127

Agreement Value:

$250,000.00

Agreement Date:

Apr 1, 2021 - Mar 31, 2023

Description:

To renovate the Arctic Island Lodge to the current Inns North standard. The Arctic Island Lodge has seventeen single rooms, eight double rooms and a restaurant that is open to public. All the rooms will be upgraded and renovated.

Organization:

Canadian Northern Economic Development Agency

Expected Results:

The completion of this project will result in an enhanced customer experience for the guest, increase hotel revenue, create four fulltime positions through the construction and contracting phase and add four additional permanent positions in the community.

Location:

CAMBRIDGE BAY, Northwest Territories, CA X0B 0C0

Reference Number:

0780-2021-2022-Qrt4-0000045

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Type:

For-profit organization

Recipient's Operating Name:

IKALUKTUTIAK CO-OPERATIVE LIMITED

Recipient's Legal Name:

IKALUKTUTIAK CO-OPERATIVE LIMITED

Federal Riding Name:

Nunavut

Federal Riding Number:

62001

Program:

Entrepreneurship and Business Development

Program Purpose:

Provides financial support to Aboriginal entrepreneurs, businesses, and commercial entities to expand their business in the three territories. It helps applicants pursue economic opportunities that benefit Aboriginal people. The fund is also intended to provide project-based support for activities that help to establish or grow Aboriginal businesses.