FOR IMMEDIATE RELEASE: Nunavut Media Arts Centre partnership reached

(September 25, 2013 – Iqaluit, Nunavut) The Inuit Broadcasting Corporation (IBC) is pleased to announce a new partnership formed to complete the construction of its Nunavut Media Arts Centre (NMAC). Three Inuit-owned firms, Qikiqtaaluk Corporation (QC), NCC Properties Limited (NCC) and Atuqtuarvik Corporation (AC) have agreed to partner with IBC in the construction and financing that will see the NMAC built on its existing foundation in Iqaluit.

“After many months in development, we are more than ecstatic to announce this very significant milestone in achieving our dream,” commented IBC Chair Madeleine d’Argencourt. “Sharing IBC’s NMAC vision, QC, NCC and AC have partnered together as shareholders in our new company, Sanavallianiq Limited, specifically formed to complete the NMAC construction.” This strong partnership will bring together IBC’s knowledge of the requirements of media production with QC and AC’s extensive records of economic business development and NCC’s expertise in construction. “QC is very pleased to have brought a solid financial and construction team to this most important partnership” commented Harry Flaherty.

Sanavallianiq Ltd. will administer the building’s direct construction costs of $5.2 Million. We are still working on obtaining financial support for $3.1 Million for the furniture, modern media equipment and other related costs.

The remainder of the funds will be raised through the activities of the Sanavallianiq Isumagijaujunut – Building for Dreams Fundraising Campaign (popularly known as ‘Johnny the lemming needs a new home!’).

Applications to territorial and federal programs and the establishment of public and other private partnerships are on-going.

With construction to begin next summer and completion expected in early 2015, the Nunavut Media Arts Centre will be Nunavut’s first full-scale, state-of-the-art, digital audio, video, recording, performance and postproduction facility, and it will house the Inuit Film and Video Archive. By providing full-spectrum digital, high definition studio and editing capabilities, the new Centre will attract local and territorial freelancers, small to medium sized production companies, and other broadcasters – both Canadian and international – to work in Nunavut, creating a host of unprecedented opportunities for Nunavut talent.

Along with a number of staunch supporters on the NMAC Advisory Committee assisting with fundraising plans, our growing list of contributors includes: Nunavut’s Kitikmeot, Kivalliq and Qikiqtani Inuit Associations (incl. QIA’s donation of Inuit-owned land); Canadian Northern Economic Development Agency; Government of Nunavut – Economic Development and Transportation; R L Hanson Construction Ltd. (cartage); Telesat; YAB Management; Kelly Huibers McNeely Professional Corp.; Jackman Foundation; and a number of individuals including the former Executive Vice President of the Royal Bank of Canada, Charles S. Coffey, O.C.

Donations can be made on the campaign website at www.Sanavallianiq.ca / www.Building4Dreams.ca. A donor recognition program, downloadable from the site, is also in place.

About Qikiqtaaluk Corporation
Qikiqtaaluk Corporation is a wholly owned Inuit birthright corporation created by the Qikiqtani Inuit Association. With close to 30 years in business in Nunavut in most economic sectors of activity, QC aims to become a major contributor to all segments of the Nunavut economy. QC’s purpose is to provide direct employment and financial opportunities to Inuit within and outside the Qikiqtani Region. By balancing tradition with innovation, QC strives to improve the social and economic well-being of all people in the Qikiqtani Region.

About NCC Properties Ltd.
Incorporated in 1999, NCC Properties Ltd., as a subsidiary of the Inuit-owned NCC Investment Group Inc., offers commercial, residential and industrial space, built to standards of excellence by NCC, in 11 Nunavut Communities. Their mission is to keep their tenants warm, dry and well ventilated, 24/7. The NCC Investment Group Inc. was incorporated in 1996 to build, own and lease infrastructure required by the Government of Nunavut. Their shareholders are Qikiqtaaluk Corporation, Sakku Investments Corporation, Kitikmeot Corporation and Nunasi Corporation.

About Atuqtuarvik Corporation
Atuqtuarvik Corporation is an investment company that was created by Nunavut Tunngavik Incorporated (NTI) and Nunavut Trust to help ensure direct Inuit participation in major economic opportunities. The corporation provides loans and equity investments to Inuit-owned businesses for the purpose of business start-ups, acquisitions and expansions. Since commencing operations in June 2000, Atuqtuarvik Corporation has supported the development of numerous business ventures throughout Nunavut in a variety of market sectors. Through its success in providing loan and equity investments to viable Inuit-owned businesses, the corporation is playing a leading role in building a strong and self-sustaining Nunavut economy.

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For further information, please contact:

Debbie Brisebois, Executive Director
Inuit Broadcasting Corporation
331 Cooper Street, Suite 301
Ottawa, ON  K2P 0G5
1 (800) 267-8327 ext. 232
P: (613) 235-1892 ext. 232
F: (613) 230-8824
debbie@inuitbroadcasting.ca
In Iqaluit Sept. 23-27: Cell 613-795-3662 or IBC 867-979-6231

-or-

Catherine Carry, Project Manager
NMAC Fundraising Campaign
P: (613) 235-1892 ext. 231
ccarry@inuitbroadcasting.ca

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