Nunavut Inuit org’s board wrestles with money ahead of 2014 AGM – Nunatsiaq News
Resource revenue sharing won’t yet include dividends to beneficiaries
CAMBRIDGE BAY — Money and how to spend it dominated a Nunavut Tunngavik board of directors meeting Oct. 20, held a day prior to the birthright organization’s annual general meeting scheduled to begin in Cambridge Bay Oct. 21.
The board focused on a number of financial considerations, including the distribution of money to hunters as part of an overall revision and updating of NTI’s hunter support policy.
In April 2014, NTI cancelled the program for this year to give the organization time to review it and come up with a five-year plan and strategy for it.
A plan was submitted to the NTI board for review — but the directors rejected it saying it needs more work and consultation.
