ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ BENEFITS AND LEGACY FUND QIKIQTANI INUIT ASSOCIATION

प्रतिलिपि

1 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ BENEFITS AND LEGACY FUND QIKIQTANI INUIT ASSOCIATION Annual Report

2 ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ QIKIQTANI INUIT ASSOCIATION ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᑮᓇᐅᔭᓕᐅᖅᑎᐅᓐᖏᖦᖢᑎᒃ ᑲᑐᔾᔨᖃᑎᒌᖑᔪᑦ, ᑭᒡᒐᖅᑐᐃᓪᓗᑎᒃ 15,500ᓂᒃ ᐃᓄᖕᓂᒃ ᕿᑭᖅᑖᓗᖕᒥ ᓄᓇᕘᒥ. ᕿᑭᖅᑖᓗᒃ 13ᓂ ᓄᓇᓕᖃᖅᑐᖅ ᐊᐅᓱᐃᑦᑐᕐᒥᑦ, ᖁᑦᑎᒃᑐᒥᑦ, ᑕᐅᓄᖓ ᓴᓂᑭᓗᐊᕐᒧᑦ, ᖁᓪᓕᒃᓴᔭᕐᓂᐊᕐᕕᖕᒥ. ᕿᑭᖅᑕᓂᒃᑯᑦ ᐋᖅᑭᑦᑕᐅᓯᒪᒻᒪᑕ ᓴᐳᔾᔨᓂᐊᕐᖓᑕ, ᐊᑐᖅᑎᑦᑎᒋᐊᒃᑲᓂᕐᓂᐊᕐᖓᑕ ᓯᕗᒧᐊᑦᑎᑦᑎᓂᐊᕐᖓᑕᓗ ᐱᔪᓐᓇᐅᑎᖏᓐᓂᒃ ᐱᕚᓪᓕᕈᑎᔅᓴᖏᓐᓂᓪᓗ ᕿᑭᖅᑕᓂ ᓄᓇᓖᑦ ᐃᓄᐃᑦ. ᑎᒃᑯᐊᖅᑕᐅᓯᒪᓪᓗᑎᒃ ᐃᓄᖕᓄᑦ ᑎᒥᖁᑎᒋᔭᐅᔪᖅ ᓄᓇᕗᑦ ᐊᖏᕈᑎᐊᒍᑦ. ᕿᑭᖅᑕᓃᒃᑯᑦ ᐃᓚᒋᔭᐅᖃᑕᐅᔪᖅ ᐱᖓᓲᔪᓂᑦ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᓐᓄᑦ ᐊᒃᑐᐊᖓᔪᓄᑦ ᓄᓇᕗᑦ ᑐᓐᖓᕕᒃᑯᓐᓂᑦ; ᐊᓯᖏᑦ ᑲᑐᔾᔨᖃᑎᒌᖑᔪᑦ ᑖᒃᑯᐊ ᕿᑎᕐᒥᐅᑦ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᐊᒻᒪ ᑭᕙᓪᓕᕐᒥ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ. ᐃᖅᑲᓇᐃᔭᖃᑎᖃᑦᑎᐊᖃᑦᑕᖅᑐᒍᑦ ᑲᑐᔾᔨᖃᑎᒋᕙᑦᑕᑎᓐᓂᒃ, ᓲᕐᓗ ᐃᓄᐃᑦ ᑕᐱᕇᑦ ᑲᓇᑕᒥ ᐊᒻᒪᓗ ᐃᓄᐃᑦ ᐅᑭᐅᖅᑕᖅᑐᒥᐅᓄᑦ ᑲᑎᒪᔩᑦ ᑲᓇᑕᒥ, ᐊᒻᒪᓗᑦᑕᐅᖅ ᐊᓪᓚᕝᕕᖁᑎᖏᑦ ᐊᔾᔨᒌᙱᑦᑐᑦ ᒐᕙᒪᒃᑯᑦ, ᑭᒡᒐᖅᑐᐃᓪᓗᑕ ᐃᓄᓐᓂᑦ ᐃᓄᐃᑦ ᓄᓇᖓᓐᓂ. ᒪᕐᕉᒃ ᑎᒥᖁᑎᒋᔭᐅᔫᒃ ᕿᑭᖅᑕᓃᒃᑯᓐᓄᑦ: ᑲᑭᕙᒃ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ, ᐱᓕᕆᐊᒃᓴᖃᖅᑐᓂᒃ ᐱᕙᓪᓕᐊᔪᓕᕆᓂᕐᒧᑦ ᐊᒻᒪᓗ ᒥᑭᔪᓂᒃ ᓇᖕᒥᓂᓕᕆᓂᕐᒧᑦ; ᐊᒻᒪᓗ ᑖᒃᑯᐊ ᕿᑭᖅᑖᓗᒃ ᑯᐊᐳᕇᓴᒃᑯᑦ, ᐱᓐᖑᖅᑎᑕᐅᓯᒪᔪᑦ ᐊᐅᓚᑦᑎᓂᐊᕐᒪᑕ ᐱᕙᓪᓕᐊᑎᑦᑎᓕᕆᔨᒋᔭᐅᓪᓗᑎᒃ ᑭᒡᒐᖅᑐᖅᖢᑎᒃ ᕿᑭᖅᑕᓃᒃᑯᓐᓂ. The Qikiqtani Inuit Association (QIA) is a not-for-profit society, which represents approximately 15,500 Inuit in the Qikiqtani region of Nunavut. The Qikiqtani region includes 13 communities from Grise Fiord, in the High Arctic, down to Sanikiluaq, on the Belcher Islands. QIA was established to protect, promote and advance the rights and benefits of Qikiqtani Inuit. It is a Designated Inuit Organization under the Nunavut Agreement. QIA is one of three Regional Inuit Associations affiliated with Nunavut Tunngavik Inc.; the other associations include the Kitikmeot Inuit Association and the Kivalliq Inuit Association. We work closely with our partners, such as Inuit Tapiriit Kanatami and the Inuit Circumpolar Council Canada, as well as different levels of government, to represent Inuit in the Inuit Nunangat. Two other organizations operate under the QIA umbrella: Kakivak Association, responsible for community economic development and small businesses; and Qikiqtaaluk Corporation, created to manage economic development on behalf of QIA.

3 ᕿᑭᖅᑕᐃᑦ ᑐᒃᓯᕋᖅᑕᐅᓯᒪᓂᖓ QIKIQTAIT PROPOSED AREA ᓴᕐᕙᕐᔪᐊᕐᒥ ᖃᐅᔨᓴᕐᓂᖅ SARVARJUAQ STUDY AREA ᖁᑦᑎᑦᑑᑉ ᐃᒪᖓ/ ᑐᕙᐃᔪᐃᑦᑐᖅ (ᑭᓪᓕᔅᓴᖓ ᓱᓕ ᓇᓗᓇᐃᖅᑕᐅᔭᕆᐊᓕᒃ) HIGH ARCTIC BASIN / TUVAIJUITTUQ (boundaries to be determined) ᑕᓪᓗᕈᑎᐅᑉ ᐃᒪᖓ TALLURUTIUP IMANGA ᐊᐅᓱᐃᑦᑐᖅ AUSUITTUQ (GRISE FIORD) ᕿᑭᖅᑖᓗᒃ QIKIQTANI REGION ᐃᒃᐱᐊᕐᔪᒃ IKPIARJUK (ARCTIC BAY) ᖃᐅᓱᐃᑦᑐᖅ QAUSUITTUQ (RESOLUTE BAY) ᒥᑦᑎᒪᑕᓕᒃ MITTIMATALIK (POND INLET) ᑲᖏᖅᑐᒑᐱᒃ KANGIQTUGAAPIK (CLYDE RIVER) ᕿᑭᖅᑕᕐᔪᐊᖅ QIKIQTARJUAQ ᐃᒡᓗᓕᒃ IGLULIK (IGLOOLIK) ᐸᓐᓂᖅᑑᖅ PANGNIRTUNG ᕿᑎᕐᒥᐅᑦ Lorem ipsum QITIRMIUT (KITIKMEOT REGION) ᓴᓂᕋᔭᒃ SANIRAJAK ᐃᖃᓗᐃᑦ IQALUIT ᑭᙵᐃᑦ KINNGAIT ᑭᒻᒥᕈᑦ KIMMIRUT ᑭᕙᓪᓕᖅ KIVALLIQ ᓴᓂᑭᓗᐊᖅ SANIKILUAQ ᓄᓇᕕᒃ, ᑯᐸᐃᒃ NUNAVIK, QUEBEC

4 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ

5 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 5 ᐱᔾᔪᑎᖏᑦ CONTENTS ᐃᑲᔫᓯᐊᔅᓴᑦ ᐊᒻᒪᓗ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᑦ ᑮᓇᐅᔭᑦ ᒥᔅᓵᓄᑦ About the Benefits and Legacy Fund...6 ᕿᑭᖅᑕᓂᒃᑯᑦ ᑮᓇᐅᔭᓄᑦ ᐃᓯᕐᐸᑦᑐᓄᑦ ᐊᑐᐊᒐᖏᑦ QIA S Revenue Policy ᐃᑲᔫᓯᐊᔅᓴᑦ ᑮᓇᐅᔭᑦ: ᓈᓴᐅᑎᑎᒍᑦ Benefits Fund: By The Numbers ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ (QCAP) Qikiqtani Cultural Activities Program (QCAP)...14 ᐸᐃᕆᕕᒻᒧᑦ ᐃᑲᔫᑏᑦ Daycare Subsidy...24 ᐱᓇᓱᐊᕈᑎᔅᓴᐃᑦ ᐸᐃᕆᕕᓐᓄᑦ Daycare Resources ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᑮᓇᐅᔭᑦ Opportunities Fund ᑮᓇᐅᔭᓕᕆᔾ-ᔪᑎᒥᓂᕐᓂᑦ ᐅᓂᒃᑳᑦ Legacy Fund Financial Report... 35

6 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᐃᑲᔫᓯᐊᔅᓴᑦ ᐊᒻᒪᓗ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᑦ ᑮᓇᐅᔭᑦ ᒥᔅᓵᓄᑦ ᐊᒃᑑᕝᕙ 2016ᖑᑎᓪᓗᒍ, ᕿᑭᖅᑕᓂᒃᑯᑦ ᐋᖅᑭᔅᓯᓚᐅᕐᓯᒪᒻᒪᑕ ᑮᓇᐅᔭᓄᑦ ᐃᓯᕐᐸᑦᑐᓄᑦ ᐊᑐᐊᒐᖅᑖᖅᑲᐅᓂᑦ ᑐᑭᒧᐊᒍᑕᐅᓂᐊᖅᑐᓂᑦ ᖃᓄᖅ ᕿᑭᖅᑕᓂᒃᑯᓐᓄᑦ ᑮᓇᐅᔭᑦ ᐃᓯᕐᐸᓪᓕᐊᔪᑦ ᐱᕈᕐᐸᓪᓕᐊᑎᑕᐅᓂᐊᕐᒪᖔᑕ ᐊᒻᒪᓗ ᑐᓂᐅᖅᑲᖅᑕᐅᖃᑦᑕᓂᐊᕐᒪᖔᑕ ᐃᑲᔪᖅᑕᐅᑦᑎᐊᓂᕐᓴᐅᖁᓪᓗᒋᑦ ᕿᑭᖅᑕᓂ ᓄᓇᓖᑦ ᐃᓄᐃᑦ. ᑐᕌᒐᖃᔪᔪᑦ ᖃᐅᔨᒪᑦᑎᐊᕈᒪᓪᓗᑎᒃ ᑐᑭᓯᓇᑦᑎᐊᖅᑐᓂᑦ ᑐᑭᓯᓇᕐᔫᒥᔪᓂᓪᓗ ᐅᓂᒃᑳᕈᑕᐅᖃᑦᑕᕆᐊᖃᕐᓂᖏᓐᓂᒃ ᖃᓄᖅ ᑮᓇᐅᔭᐃᑦ ᐱᕈᕐᐸᓪᓕᐊᑎᑕᐅᒻᒪᖔᑕ ᐊᑐᖅᑕᐅᖃᑦᑕᕐᒪᖔᑕᓗ. ᑮᓇᐅᔭᓄᑦ ᐃᓯᕐᐸᑦᑐᓄᑦ ᐊᑐᐊᒐᖏᑦ ᐋᖅᑮᒍᑕᐅᔪᔪᑦ ᒪᕐᕉᓐᓂᒃ ᓄᑖᓂᒃ ᑮᓇᐅᔭᖁᑎᒋᓂᐊᓕᖅᑕᖏᓐᓂᒃ: ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᑦ ᑮᓇᐅᔭᑦ, ᐱᕈᕐᐸᓪᓕᐊᑎᑦᑎᒍᑕᐅᕙᑦᑐᑦ ᑮᓇᐅᔭᓂᑦ ᓯᕗᓂᔅᓴᑎᓐᓄᑦ ᑐᕌᖓᓪᓗᑎᒃ ᐃᑲᔫᓯᐊᔅᓴᑦ ᑮᓇᐅᔭᑦ, ᐱᓕᕆᐊᔅᓴᖃᖅᑎᑦᑎᒍᑕᐅᕙᑦᑐᑦ ᐃᓄᓐᓄᑦ ᑐᕌᖓᔪᓂᑦ ᕿᑭᖅᑕᓂᒃᑯᑦ ᐊᑐᓚᐅᕐᓯᒪᖃᑦᑕᖏᑦᑐᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᓂᑦ ᖃᐅᑕᒫᑦ ᐊᐅᓚᓂᖏᓐᓄᑦ ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᔭᕆᐊᖃᕐᐸᑦᑐᓄᑦ, ᐱᕈᕐᐸᓪᓕᐊᑎᑕᐅᔪᓪᓕ ᑖᒃᑯᐊ ᐱᓇᓱᐊᕋᔅᓴᖃᖅᑎᑦᑎᔾᔪᑕᐅᔪᒪᓪᓗᑎᒃ ᓯᕗᓂᔅᓴᑎᓐᓂ ᕿᑐᕐᖏᐅᕈᑎᖏᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᓂᑦ ᐃᑲᔫᓯᐊᔅᓴᓄᑦ ᑮᓇᐅᔭᓄᑦ ᑐᕌᖃᑦᑕᖅᑐᑦ. ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᑦ ᑮᓇᐅᔭᓄᑦ ᐃᓵᔪᑦ ᓇᑭᑐᐃᓐᓈᖃᑦᑕᖅᑐᑦ ᓲᕐᓗ ᐅᑯᓇᙵᑦ: ᐊᑭᓕᐅᑕᐅᕙᑦᑐᑦ ᐃᓄᐃᑦ ᐊᑦᑐᖅᑕᐅᓂᖏᓐᓄᑦ ᐱᕚᓪᓕᕈᑎᔅᓴᖏᓐᓄᓪᓗ ᐊᖏᖃᑎᒌᒍᑎᑎᒍᑦ (ᐊᖏᖃᑎᒌᒍᑏᑦ) ᓲᕐᓗ ᓄᓘᔮᓕᕆᓂᕐᒥᑦ ᐊᖏᖃᑎᒌᒍᑏᑦ ᐊᒻᒪᓗᑦᑕᐅᖅ ᐊᓯᖏᑦ ᐊᖏᖃᑎᒌᒍᑏᑦ ᓲᕐᓗ ᕿᑭᖅᑕᓂ ᓱᓕᔪᒥᒃ ᑭᓪᓕᓯᓂᐊᖅᑏᑦ ᐊᖏᖃᑎᒌᒍᑎᖏᑦ ᑮᓇᐅᔭᑦ ᐱᔭᐅᓯᒪᔪᑦ ᓄᓇᕗᑦ ᑐᙵᕕᒃᑯᑦ ᑎᒥᖓᓐᓂ ᐅᔭᕋᓐᓂᐊᓂᕐᒦᙶᕐᐸᑦᑐᑦ ᐃᓄᐃᑦ ᓄᓇᖁᑎᖏᓐᓂ ᓄᓇᒦᙶᖅᑐᓂᑦ ᐅᔭᕋᑦᑕᕋᔅᓴᓂᑦ ᑮᓇᐅᔭᑦ ᐱᔭᐅᓯᒪᔪᑦ ᓯᐅᕋᖅᑕᕈᑎᓄᑦ ᑐᐊᐸᑦᑕᕈᑎᓄᓪᓗ ᐃᓄᐃᑦ ᓄᓇᖁᑎᖏᓐᓂᑦ ᐅᑎᕐᕕᐅᔾᔪᑏᑦ ᕿᑭᖅᑖᓗᒃ ᑯᐊᐳᕇᓴᒃᑯᓐᓂᑦ ᐊᒻᒪᓗ ᓄᓇᓯ ᑯᐊᐳᕇᓴᒃᑯᓐᓂᑦ ᑮᓇᐅᔭᑦ ᐱᔭᐅᓯᒪᔪᑦ ᓇᓕᐊᓐᓂᑐᐃᓐᓇᖅ ᐱᕈᕐᐸᓪᓕᐊᑎᑦᑎᒍᑕᐅᔪᓄᑦ ᑮᓇᐅᔭᓄᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓄᑦ ᐊᒥᐊᒃᑯᑦ ᑮᓇᐅᔭᓂᑦ ᐃᓯᖅᑐᒥᓂᕐᓂᑦ ᐱᕙᓪᓕᐊᔪᓕᕆᓂᕐᒧᑦ ᑮᓇᐅᔭᓂᑦ ABOUT THE BENEFITS AND LEGACY FUND In October 2016, QIA established a new Revenue Policy to guide how QIA revenues would be invested and distributed to better serve Qikiqtani Inuit. The goal was to ensure clear and transparent reporting of how money was invested and used. The Revenue Policy created two new funds: The Legacy Fund, which invests money for the future The Benefits Fund, which delivers programs to Inuit QIA never uses the Legacy Fund money for daily operations, it is invested to provide opportunities for the future - interest from the Legacy Fund goes to the Benefits Fund. The Legacy Fund revenues come from numerous sources including: Payments from Inuit Impact and Benefit Agreements (IIBA) such as the Mary River IIBA as well as other agreements like the Qikiqtani Truth Commission Agreement Money received from Nunavut Tunngavik Inc. from mining of Inuit Owned Minerals Money received from sand and gravel projects on Inuit Owned Land Dividends from the Qikiqtaaluk Corp. and the Nunasi Corp. Money received from any investments of the Legacy Fund Surplus revenues from the Economic Development Fund

7 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 7 ᐃᑲᔫᓯᐊᔅᓴᑦ ᑮᓇᐅᔭᑦ ᐊᑐᖅᑕᐅᕙᑦᑐᑦ ᐃᓅᓯᓕᕆᓂᕐᒧᑦ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᓪᓗ ᐱᓕᕆᐊᖑᕙᑦᑐᓄᑦ ᕿᑭᖅᑕᓂ ᓄᓇᓕᓐᓂᑦ. ᐃᑲᔫᓯᐊᔅᓴᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᑕᒫᑦ ᐊᑭᓖᕕᐅᕙᑦᑐᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᓃᙶᖅᑐᓂᑦ ᐊᕐᕌᒍᑕᒫᑦ ᑐᕌᒐᖃᕐᐸᑦᑐᑎᒃ ᐅᑎᕐᕕᐅᔾᔪᑎᔅᓴᖏᓐᓂᒃ ᐱᕈᕐᐸᓪᓕᐊᑎᑕᖏᓐᓂᒃ 4 ᐳᓴᓐᑎᓂᒃ, ᑖᒃᑯᐊ ᓈᓴᖅᑕᐅᕙᑦᑐᑦ ᐋᖅᑭᒋᐊᖅᑕᐅᕙᑦᑐᑎᓪᓗ ᓴᖅᑭᖅᑕᐅᓚᐅᖅᑎᓪᓗᒋᑦ ᑕᒻᒪᕐᓯᒪᔪᕐᓯᐅᖅᑕᐅᓯᒪᔪᑦ ᑮᓇᐅᔭᓕᕆᔾᔪᑎᒥᓃᑦ. ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᑦ ᑮᓇᐅᔭᑦ ᐱᕈᕐᐸᓪᓕᐊᓂᖏᓐᓂ, ᐃᑲᔫᓯᐊᔅᓴᑦ ᑮᓇᐅᔭᑦ ᐱᕈᕐᐸᓪᓕᐊᒻᒪᑕ. ᑕᐃᒫᒃ, ᕿᑭᖅᑕᓂᒃᑯᑦ ᖃᐅᔨᒪᑦᑎᐊᖃᑦᑕᓂᐊᕐᖓᑕ ᒪᑭᑕᑦᑎᐊᕐᓂᖏᓐᓂᒃ ᑮᓇᐅᔭᖅᑖᖑᕙᓪᓕᐊᔪᑦ ᐊᐅᓚᑦᑎᔾᔪᑎᔅᓴᐃᑦ ᐱᓕᕆᐊᔅᓴᓂᑦ ᐅᓪᓗᒥ ᖃᐅᔨᓇᓱᑉᐸᓪᓕᐊᓯᓐᓈᑎᓪᓗᒋᑦ ᓯᕕᑦᑐᕆᐊᕐᓯᓂᕐᒥᒃ ᐃᑲᔫᑎᐅᕙᑦᑐᓄᑦ ᓯᕗᓂᔅᓴᑎᓐᓂ. ᐊᑐᐊᒐᑦ ᓇᓗᓇᐃᕐᓯᓯᒪᔪᑦ ᐱᓕᕆᔾᔪᓯᐅᖃᑦᑕᓂᐊᖅᑐᒥᒃ ᖃᓄᖅ ᑐᑭᑖᕈᑎᖃᖃᑦᑕᓂᐊᕐᒪᖔᑕ ᑲᒪᒋᔭᐅᓪᓗᐊᑕᖃᑦᑕᓂᐊᖅᑐᓂᑦ ᐊᒻᒪᓗ ᐃᑲᔫᑎᐅᖃᑦᑕᓂᐊᖅᑐᓂᑦ ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᑮᓇᐅᔭᓂᑦ. ᓂᕈᐊᕆᐊᖃᓕᕋᐃᒻᒪᑕ ᕿᒥᕐᕈᔭᐅᖃᑦᑕᓂᐊᖅᑐᑦ. ᑕᒪᑐᒥᖓ ᑲᒪᒋᔭᖃᖃᑦᑕᑎᓪᓗᒋᑦ ᐃᓚᖃᕐᐸᑦᑐᖅ ᓄᓇᓕᓐᓂᑦ ᐃᓚᒋᔭᐅᑎᑦᑎᓪᓚᕆᖃᑦᑕᓂᕐᒥᒃ ᐊᒻᒪᓗ ᐃᑲᔫᑎᓂᑦ ᖃᐅᔨᓴᖃᑦᑕᓂᕐᒥᒃ. ᑭᖑᓪᓕᕐᐹᒥ ᓂᕈᐊᖃᑦᑕᓲᑦ ᑲᒪᒋᔭᐅᖃᑦᑕᓂᐊᖅᑐᓂᑦ ᐊᒻᒪᓗ ᐃᑲᔫᑎᐅᖃᑦᑕᓂᐊᖅᑐᓂᑦ ᑐᑭᑖᕈᑕᐅᕙᑦᑐᑎᒃ ᕿᑭᖅᑕᓂᒃᑯᑦ ᑲᑎᒪᔨᖏᓐᓄᑦ. ᓇᓗᓇᐃᔭᕐᓯᒪᔪᑦ ᖃᓄᐃᓕᖓᒻᒪᖔᑕ ᐃᑲᔫᓯᐊᔅᓴᓄᑦ ᑮᓇᐅᔭᓄᑦ ᐊᑐᐊᒐᖅᑎᒍᑦ ᓯᕗᓪᓕᕐᓂᑦ ᑲᒪᒋᔭᐅᓪᓗᐊᑕᓚᐅᖅᑐᑦ ᐊᒻᒪᓗ ᐃᑲᔫᑎᐅᓚᐅᖅᑐᑦ ᓂᕈᐊᖅᑕᐅᔪᔪᑦ ᑕᑯᔭᔅᓴᐅᕗᑦ ᕿᑭᖅᑕᓂᒃᑯᑦ ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᑮᓇᐅᔭᓂᑦ ᐅᓂᒃᑳᓂᑦ ᐃᓄᓕᒫᓄᑦ ᑕᑯᔭᔅᓴᐅᓪᓗᑎᒃ ᕿᑭᖅᑕᓂᒃᑯᑦ ᖃᕋᓴᐅᔭᒃᑯᑦ ᑐᑭᓯᒋᐊᕈᑎᖃᕐᕕᖓᓐᓂ. The Benefits Fund is used for social and cultural programs in the Qikiqtani Region. The Benefits Fund receives yearly payments from the Legacy Fund with an annual target return on investment of four per cent, which is calculated and adjusted after completion of QIA s annual financial audit. As the Legacy Fund grows, the Benefits Fund grows. This way, QIA can ensure a stable base of funding to run programs today while looking to expand programs in the future. The Benefits Fund Policy outlines the process to determine the key themes and programs of the Benefits Fund. This selection process is reviewed periodically. This process includes extensive community engagement and program evaluations. The final selection of themes and resulting programs is determined by the QIA Board of Directors. A detailed account of the Benefits Fund Policy s first key themes and programs selection is available in QIA s Benefits Fund Report publicly accessible on QIA s website.

8 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᐅᑐᐱᕆ 2017ᖑᑎᓪᓗᒍ, ᕿᑭᖅᑕᓂᒃᑯᑦ ᓇᓗᓇᐃᕐᓯᔪᔪᑦ ᐱᒋᐊᖅᑎᑕᐅᓂᖏᓐᓂᒃ ᓯᕗᓪᓖᑦ ᐃᑲᔫᑎᐅᓂᐊᖅᑐᑦ ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᑮᓇᐅᔭᑎᒍᑦ. ᕿᑭᖅᑕᓂᒃᑯᑦ ᐊᖏᕐᓯᖃᑦᑕᓲᑦ ᐱᓕᕆᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᐃᓕᓯᖃᑦᑕᓲᖑᓪᓗᑎᒃ ᒪᓕᑦᑐᑎᒃ ᒪᕐᕉᓐᓂᒃ ᐊᕐᕌᒎᓐᓂᒃ ᐋᖅᑭᓯᒪᕕᖏᓐᓂᑦ. ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ (QCAP) ᐸᐃᕆᕕᓕᕆᓂᕐᒧᑦ ᐊᒻᒪᓗ ᓱᕈᓯᓛᕐᓂᑦ ᐃᓕᓐᓂᐊᕆᐅᕐᓴᑎᑦᑎᖃᑦᑕᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ ᐅᑯᐊᖑᓪᓗᑎᒃ: ᐸᐃᕆᕕᒻᒧᑦ ᐃᑲᔫᑏᑦ (ᕿᑐᕐᖓᓕᓐᓄᑦ) ᐱᓇᓱᐊᕈᑎᔅᓴᐃᑦ ᐸᐃᕆᕕᓐᓄᑦ ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᑮᓇᐅᔭᑦ ᒪᐃ 2018ᖑᑎᓪᓗᒍ, ᕿᑭᖅᑕᓂᒃᑯᑦ ᓯᕗᓕᖅᑎᖏᑦ ᑲᑎᒪᔨᓂᑦ ᐊᑭᑦᑐᕆᐊᕐᓯᔪᔪᑦ ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᑮᓇᐅᔭᓂᑦ ᐃᑲᔫᑎᓄᑦ ᑮᓇᐅᔭᖅᑑᑎᔅᓴᓂᑦ ᑲᒪᒋᔭᖃᕐᓂᐊᕐᖓᑕ ᑐᖏᓕᐊᓂ ᑐᔅᓯᕋᐅᓯᐅᖁᔨᔾᔪᑎᓂᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑎᓂᑦ, ᐊᒻᒪᓗᑦᑕᐅᖅ ᐊᑭᑦᑐᕆᐊᕐᓯᔪᔪᑦ ᐸᐃᕆᕕᓐᓄᑦ ᐱᓇᓱᐊᕈᑎᔅᓴᓂᑦ ᐊᒻᒪᓗ ᐸᐃᕆᕕᓐᓄᑦ ᐃᑲᔫᑎᔅᓴᓂᑦ ᑮᓇᐅᔭᖅᑑᑎᔅᓴᓄᑦ. ᑖᒃᑯᐊ ᓄᑖᓂᑦ ᑮᓇᐅᔭᖅᑑᑎᔅᓴᖅᑖᕈᑕᐅᔪᔪᑦ ᑕᒫᓂ $1.5 ᒥᓕᐊᓐᖏᓐᓃᑦᑐᓂᑦ. ᒫᑦᓯ 2019ᖑᑎᓪᓗᒍ, ᕿᑭᖅᑕᓂᒃᑯᑦ ᑲᑎᒪᔨᖏᑦ ᐅᖓᕙᕆᐊᕐᓯᔪᔪᑦ ᐱᓕᕆᐊᑦ ᐃᑲᔫᑕᐅᓂᐊᕐᓂᖏᓐᓂᒃ ᐊᐅᓚᓂᖃᖁᓪᓗᒋᑦ ᒫᑦᓯ 2022ᒨᖓᓗᑎᒃ. In October 2017, QIA announced the launch of the first suite of programs under the Benefits Fund. QIA approves projects and allocates funds based on a two-year time period. Qikiqtani Cultural Activities Program (QCAP) Daycare and Early Childhood Learning programs including: Daycare subsidy (parental) Daycare resources Opportunities Fund In May 2018, the QIA Executive Committee increased the Benefits Fund program budget to facilitate a second call for Qikiqtani Cultural Activities Program (QCAP) proposals, as well as increased the daycare resources and daycare subsidy budgets. This resulted in a new program budget of approximately $1.4 million. In March 2019, the QIA Board of Directors extended the duration of these programs to run until March ᕿᑭᖅᑕᓃᒃᑯᑦ ᐊᑐᓕᖅᑎᑦᓯᔪᑦ ᓄᑖᒥᒃ ᑮᓇᐅᔭᐃᑦ ᐃᓯᖅᑐᓄᑦ ᐊᑐᐊᒐᖓᓂᒃ ᐊᑐᖅᑕᐅᓂᐊᖅᑐᒥᒃ ᒪᓕᒐᒃᓴᐅᓗᓂ ᖃᓄᖅ ᕿᑭᖅᑕᓃᒃᑯᑦ ᑮᓇᐅᔭᖏᑦ ᐊᑐᖅᑕᐅᓂᐊᕐᓂᖏᓐᓄᑦ ᑐᓂᐅᖅᑲᖅᑕᐅᓂᖏᓐᓄᓪᓗ. ᕿᑭᖅᑕᓃᒃᑯᑦ ᑐᑭᓯᒋᐊᓚᐅᖅᑐᑦ 13ᓄᑦ ᓄᓇᓕᖕᓄᑦ ᕿᑭᖅᑕᓂ ᐊᐱᕆᔭᐅᓪᓗᑎᒃ ᖃᓄᐃᑦᑐᓂᒃ ᐱᓕᕆᐊᒃᓴᖃᖁᔨᖕᒪᖔᑖᒃ ᐃᑲᔫᓯᐊᒃᓴᑦ ᑮᓇᐅᔭᖏᓐᓂᑦ. ᓄᓇᓕᖕᓂᑦ ᑐᑭᓯᓚᐅᖅᑎᓪᓗᒋᑦ ᕿᑭᖅᑕᓃᒃᑯᑦ ᑲᑎᒪᔨᖏᑦ ᓂᕈᐊᖅᖠᓚᐅᖅᑐᑦ ᐱᓕᕆᐊᒃᓴᕆᔭᐅᔪᓐᓇᖅᑐᓂᒃ ᐊᒻᒪᓗ ᑮᓇᐅᔭᖃᖅᑎ- ᑦᑎᓂᐊᖅᖢᑎᒃ ᒪᕐᕉᓂ ᐊᕐᕌᒍᓄᑦ. ᕿᑭᖅᑕᓃᒃᑯᑦ ᓯᕗᓕᖅᑏᑦ ᑲᑎᒪᔨᓂᑦ ᐊᑭᑦᑐᕆᐊᖅᓯᔪᑦ ᐃᑲᔫᓯᐊᒃᓴᓄᑦ ᑮᓇᐅᔭᓂᒃ $1 ᒥᓕᔭᒥᑦ $1.4 ᒥᓕᔭᓄᑦ. ᕿᑭᖅᑕᓃᒃᑯᑦ ᑲᑎᒪᔨᖏᑦ ᐅᐃᒍᒋᐊᖅᓯᔪᑦ ᐃᑲᔫᓯᐊᒃᓴᓂ ᑮᓇᐅᔭᓂᑦ ᐱᓕᕆᐊᒃᓴᓂ ᒫᑦᓯ 2022ᒧᑦ. ᒫᑦᓯᒥ, ᐃᑲᔫᓯᐊᒃᓴᓄᑦ ᑮᓇᐅᔭᓂᑦ ᐱᓕᕆᐊᒃᓴᑦ ᓄᖅᑲᖅᑎᑕᐅᑲᐃᓐᓇᖅᑐᑦ ᓄᕙᓐᓇᕐᔪᐊᖅ-19 ᐱᔾᔪᑎᒋᓪᓗᒍ. ᒪᑐᐃᒃᑲᓐᓂᖅᖢᓂ ᔫᓐᒥ. ᐱᓕᕆᐊᖅ ᐋᖅᑭᒋᐊᖅᑕᐅᔪᖅ ᓄᕙᓐᓇᕐᔪᐊᖅ- 19ᑖᖅᑐᖃᖅᐸᓪᓕᐊᓂᖓᓄᑦ QIA establishes a new Revenue Policy to guide how QIA money would be investead and distributed. QIA consulted with all 13 Qikiqtani communities to ask what types of programs Qikiqtani Inuit wanted funded through the Benefits Fund. Based on this engagement QIA Board selected the key themes and allocated funds based on a two-year period. QIA Executive Committee increases the Benefits Fund program budget from $1 million to $1.4 million. QIA Board of Directors extends the duration of the Benefits Fund programs to March In March, Benefits Fund programming is suspended due to COVID-19 pandemic. Programming resumes with new health restrictions in June. Programming is adapted due to a rise in COVID-19 cases.

9 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT ᒥ 2021ᒥᓗ, ᓄᕙᓐᓇᕐᔪᐊᖅ 19 ᐊᒃᑐᐃᒻᒪᕆᓚᐅᕐᒪᑦ ᕿᑭᖅᑕᓃᒃᑯᑦ ᐱᓕᕆᐊᖏᓐᓂᒃ. ᖃᐅᑕᒫᖅᓯᐅᑎᑦ ᐱᓕᕆᐊᑦ, ᓱᕐᓗ ᑕᒪᒃᑯᐊ ᑮᓇᐅᔭᖃᖅᑎᑕᐅᓯᒪᔪᑦ ᐃᑲᔫᓯᐊᒃᓴᓂᑦ ᑮᓇᐅᔭᓂᑦ, ᓄᖅᑲᖓᑎᑕᐅᑲᐃᓐᓇᓚᐅᖅᑐᑦ ᑕᖅᑭᓄᑦ ᐊᒥᓱᓄᑦ ᐋᓐᓂᐊᖃᕐᓇᙱᑦᑐᓕᕆᔨᒃᑯᑦ ᑎᓕᐅᕈᑎᖃᓚᐅᕐᓂᖏᓐᓄᑦ. ᐃᓚᖏᑦ ᐱᓕᕆᐊᑦ ᕿᑭᖅᑕᓃᒃᑯᑦ ᑮᓇᐅᔭᖃᖅᑎᑕᖏᑦ ᑲᔪᓯᒍᓐᓇᓚᐅᙱᑦᑐᑦ. ᕿᑭᖅᑕᓃᒃᑯᑦ ᐃᖅᑲᓇᐃᔭᖅᑎᖏᑦ ᐃᖅᑲᓇᐃᔭᐃᓐᓇᖃᑎᖃᕋᓱᐊᖏᓐᓇᓚᐅᖅᑐᑦ ᐱᓕᕆᐊᒃᓴᓂ ᓴᖅᑭᑎᑦᑎᔨᐅᓂᐊᖅᑐᓂᒃ ᐋᖅᑭᒋᐊᖅᑕᐅᓂᐊᕐᒪᑦ ᐱᓕᕆᐊᖏᑦ ᑲᔪᓯᑦᑎᐊᕐᓂᐊᕐᒪᑦ ᒪᑐᐃᖅᓯᕙᓪᓕᐊᓕᖅᐸᑕ ᑎᓕᐅᕈᑎᒋᔭᐅᓯᒪᔪᓂᑦ. 2020ᒥ 2021ᒥᓗ ᐊᕐᕌᒍᖓᓂ, ᐃᑲᔪᓯᐊᒃᓴᓄᑦ ᑮᓇᐅᔭᓂᑦ ᐱᓕᕆᐊᒃᓴᑦ ᓴᖅᑭᑕᐅᓚᐅᖅᑐᑦ ᐊᑐᖅᑕᐅᓪᓗᓂ ᐱᔾᔪᑎᒋᔭᐅᔪᓂᒃ: ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ, ᐊᒻᒪ ᐸᐃᕆᕕᓕᕆᓂᕐᒧᓪᓗ ᐊᒻᒪᓗ ᓱᕈᓯᓛᑦ ᐃᓕᓐᓂᐊᖅᑎᑕᐅᓂᖏᓐᓂᒃ. In 2020 and 2021, the COVID-19 pandemic affected most of QIA programs. Regular programs, such as those funded by the Benefits Fund, were suspended for months due to public health orders. Some of the projects that QIA approved funding for were unable to proceed. QIA staff made best efforts to work with project leaders to adjust their projects so that they were able to proceed as restrictions eased. Over the fiscal year, Benefits Fund Programs were delivered under the existing Key Themes: Cultural Activities, and Daycare and Early Childhood Learning. ᑮᓇᐅᔭᖅᑑᑎᔅᓴᑦ ᐊᒻᒪᓗ ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᓯᒪᔪᑦ Budget and Expenditures ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᑮᓇᐅᔭᖅᑑᑎᔅᓴᑦ Approved Budget ᐊᑭᓕᐅᑎᒃᓴᑦ ᐊᖏᖅᑕᐅᓯᒪᔪᑦ Approved Spending ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᓪᓚᑦᑖᕐᓯᒪᔪᑦ Actual Spending ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ (QCAP) Qikiqtani Cultural Activities (QCAP) ᐸᐃᕆᕕᓐᓄᑦ ᐃᑲᔫᑏᑦ (ᕿᑐᕐᖓᓕᓐᓄᑦ) Daycare Subsidy (Parental) ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᐸᐃᕆᕕᓐᓄᑦ Daycare Resources ᐱᓇᓱᐊᕈᑎᔅᓴᓂᑦ ᑮᓇᐅᔭᑦ Opportunities Fund ᑲᑎᓕᒫᖅᑐᒋᑦ Total $650,000 $607,286 $503,186* $720,000 $620,000 $620,000 $250,000 $250,000 $250,000 $180,000 $180,000 $144,000** $1,800,000 $1,657,286 $1,517,186 * ᑖᒃᑯᐊ ᑎᑎᕋᖅᑕᐅᑎᓪᓗᒋᑦ, ᐃᓚᖏᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑎᓂᑦ ᐱᓕᕆᐊᓖᑦ ᓱᓕ ᐅᓂᒃᑳᓕᐅᕐᐸᓪᓕᐊᖃᑦᑕᔪᔪᑦ. ᑖᒃᑯᐊ ᓈᓴᐅᑏᑦ ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᓂᐊᕐᓯᒪᔪᑦ. ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᓪᓚᑦᑖᕐᓯᒪᔪᑦ ᐊᔾᔨᒋᙱᑐᐃᓐᓇᕆᐊᓕᖏᑦ ᑖᒃᑯᐊ. ᑖᒃᑯᐊ ᓈᓴᐅᑏᑦ ᐱᑦᑎᐊᕐᓯᒪᔪᑦ ᔪᓚᐃ 26, 2020ᒥ ᐱᓯᒪᔪᑦ. At the time of writing, some QCAP projects were still reporting. This figure is the Approved QCAP spending. Actual spending may differ. These figures are correct as of July 26, ** ᓄᓇᓕᖕᓂ ᓴᖅᑭᑎᑦᑎᓂᐊᖅᑐᑦ ᓯᕗᓕᖅᐹᓂᒃ ᐊᑭᓕᖅᑕᐅᓚᐅᖅᑐᑦ 80%ᑎᖏᓐᓂᒃ; ᑭᖑᓪᓕᖅᐹᓂᒃ ᐊᑭᓕᖅᑕᐅᓂᐊᖅᑐᑦ ᐅᓂᒃᑳᖅᑕᐅᔭᕆᐊᓖᑦ ᐱᓯᒪᔭᐅᓕᖅᐸᑦ ᓗ ᐊᕐᕌᒍᖓᓂ. Recipients received a first payment of 80%; with final payments made upon receipt of reporting in fiscal year.

10 ᐃᓄᐃᑦ ᐊᑦᑐᖅᑕᐅᓂᖏᓐᓄᑦ ᐱᕚᓪᓕᕈᑎᔅᓴᖏᓐᓄᓪᓗ ᐊᖏᕈᑏᑦ ᕿᑭᖅᑖᓗᒃ ᑯᐊᐳᕇᓴᒃᑯᓐᓂᑦ ᐅᑎᖅᑐᔅᓴᑦ ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᑐᙵᕕᒃᑯᓐᓂᑦ ᐃᓄᐃᑦ ᓄᓇᖁᑎᖏᓐᓂ ᐅᔭᕋᑦᑕᕋᔅᓴᑦ NTI IOL MINERALS ᓄᓇᓯᒃᑯᓐᓂᑦ ᐅᑎᖅᑐᔅᓴᑦ QC DIVIDENDS NUNASI DIVIDENDS ᐃᓄᐃᑦ ᓄᓇᖁᑎᖏᓐᓂᑦ ᓯᐅᕋᖅ ᑐᐊᐸᒡᓗ IIBAs IOL SAN D AND GRAVEL ᕿᑭᖅᑕᓃᒃᑯᑦ ᑮᓇᐅᔭᖅᑖᕆᕙᑦᑕᖏᑦ QIA REVENUE STREAMS ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᑦ ᑮᓇᐅᔭᐃᑦ LEGACY FUND

11 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 11 ᕿᑭᖅᑕᓂᒃᑯᑦ ᑮᓇᐅᔭᓄᑦ ᐃᓯᕐᐸᑦᑐᓄᑦ ᐊᑐᐊᒐᖏᑦ ᕿᑭᖅᑕᓂᒃᑯᑦ ᑮᓇᐅᔭᓄᑦ ᐃᓯᕐᐸᑦᑐᓄᑦ ᐊᑐᐊᒐᖏᑦ ᓇᓗᓇᐃᔭᐃᓯᒪᔪᑦ ᖃᓄᖅ ᑮᓇᐅᔭᑦ ᐃᓯᕐᐸᑦᑐᓕᒫᑦ ᐱᕈᕐᐸᓪᓕᐊᑎᑕᐅᒻᒪᖔᑕ. ᑖᒃᑯᐊ ᑮᓇᐅᔭᓄᑦ ᐃᓯᕐᐸᑦᑐᓄᑦ ᐊᑐᐊᒐᑦ ᑐᑭᓯᓇᖅᑐᓂᑦ ᓱᖅᑯᐃᕋᔅᓴᓂᑦ ᑮᓇᐅᔭᓕᕆᔾᔪᑎᔅᓴᓂᑦ ᐸᕐᓇᑕᐅᓯᒪᔪᓂᑦ ᑎᑎᕋᕐᓯᒪᔪᑦ ᐱᕚᓪᓕᕈᑎᔅᓴᓂᑦ ᕿᑭᖅᑕᓂ ᓄᓇᓕᓐᓄᑦ ᐃᓄᓐᓄᑦ ᐅᓪᓗᒥ ᓯᕗᓂᔅᓴᑎᓐᓂᓪᓗ. ᐊᐅᓪᓚᕐᓯᒪᑎᑦᑎᖃᑦᑕᕐᓂᖅ O N-THE-L AND PROGRA MS ᒥᖅᓱᑎᑦᑎᖃᑦᑕᕐᓂᖅ ᕿᑭᖅᑕᓂᒃᑯᓐᓄᑦ ᑮᓇᐅᔭᑦ ᐃᓯᕐᐸᑦᑐᑦ ᐱᕈᕐᐸᓪᓕᐊᑎᑕᐅᖃᑦᑕᕐᖓᑕ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᓂᑦ. ᕿᑭᖅᑕᓂᒃᑯᑦ ᐊᑐᓚᐅᕐᓯᒪᖃᑦᑕᖏᑦᑐᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᓂᑦ ᖃᐅᑕᒫᑦ ᐊᐅᓚᓂᕆᕙᑦᑕᖏᓐᓄᑦ ᐱᕈᕐᐸᓪᓕᐊᑎᑕᐅᔪᓪᓕᐅᑯᐊ ᓯᕗᓂᔅᓴᑎᓐᓄᑦ ᑐᕌᖓᓪᓗᑎᒃ. ᕿᑐᕐᖏᐅᕈᑎᖏᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᓂᑦ ᐃᑲᔫᓯᐊᔅᓴᓄᑦ ᑮᓇᐅᔭᓄᑦ ᑐᕌᕐᐸᑦᑐᑦ. ᐃᑲᔫᓯᐊᔅᓴᑦ ᑮᓇᐅᔭᑦ ᐊᑐᖅᑕᐅᕙᑦᑐᑦ ᐃᓅᓯᓕᕆᓂᕐᒧᑦ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᓪᓗ ᐃᑲᔫᑎᓄᑦ ᕿᑭᖅᑕᓂ ᓄᓇᓕᓐᓄᑦ. ᓯᕈᓯᓛᑦ ᐃᓕᓐᓂᐊᖅᑎᑕᐅᓂᖏᑦ SEWING PRGOGRA MS QIA S REVENUE POLICY EARLY LEARNING PRO GRA MS QIA s Revenue Policy explains how all revenue is invested. This Revenue Policy provides a clear and transparent financial plan that benefits Qikiqtani Inuit today and tomorrow. QIA revenues are invested in the Legacy Fund. QIA never uses the Legacy Fund money for daily operations - it is invested for the future. Interest from the Legacy Fund goes to the Benefits Fund. The Benefits Fund is used for social and cultural programs in the Qikiqtani Region. ᐃᑲᔫᓯᐊᔅᓴᑦ ᑮᓇᐅᔭᑦ ᐱᓕᕆᐊᔅᓴᓄᑦ BENEFITS FUND FOR PROGRAMS

12 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᐃᑲᔫᓯᐊᔅᓴᑦ ᑮᓇᐅᔭᑦ: ᓈᓴᐅᑎᑎᒍᑦ BENEFITS FUND: BY THE NUMBERS ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ (QCAP) Qikiqtani Cultural Activities Program (QCAP) ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᐊᑭᓕᕐᓱᐃᔾᔪᐅᓂᐊᕐᓯᒪᔪᑦ ᒫᑦᓯ 31, 2021 $607,286 Approved spending as of March 31, 2021 QIKIQTANI CULTURAL ACTIVITIES PROGRAM ᐸᐃᕆᕕᓐᓄᑦ ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᐊᒥᓲᓂᖏᑦ ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ 58 ᐃᑲᔫᑎᓂᑦ ᑐᔅᓯᕋᐅᑏᑦ Approved QCAP applications ᐊᒥᓲᓂᖏᑦ ᐱᔭᕇᖅᑕᐅᓯᒪᔪᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ 43 ᐃᑲᔫᑎᓂᑦ ᐱᓕᕆᐊᑦ (20 ᐅᓂᒃᑳᓕᐅᖅᑕᐅᔭᕆᐊᓖᑦ ᐅᑕᖅᑭᔪᑦ) Completed QCAP projects (20 awaiting reporting) 15 ᕿᑭᖅᑕᓃᒃᑯᑦ ᐊᑭᑐᔫᑎᓄᑦ ᐱᓕᕆᔭᒃᓴᑦ ᓄᖅᑲᖅᑎᑕᐅᔪᑦ Cancelled QCAP projects ᐊᒥᓲᓂᖏᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑎᓂᑦ 57 ᐱᓕᕆᐊᑦ ᑐᖔᓂ ᐊᑭᓖᑦ $15 ᑕᐅᓴᓐ QCAP projects under $15,000 ᐊᒥᓲᓂᖏᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑎᓂᑦ 1 ᐱᓕᕆᐊᑦ ᐅᖓᑖᓂ ᐊᑭᓖᑦ $15 ᑕᐅᓴᓐ QCAP project over $15,000 ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᐸᐃᕆᕕᓐᓄᑦ Daycare Resources ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᓪᓚᑦᑖᕐᓯᒪᔪᑦ $250,000 Actual spending DAYCARE RESOURCES ᐸᐃᕆᕕᒃ DAYCARE

13 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 13 $1.5 ᒥᓕᐊᓐ MILLION ᑲᑎᑦᑐᒋᑦ ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᑮᓇᐅᔭᓂᑦ ᐱᕈᕐᐸᓪᓕᐊᑎᑕᐅᔪᑦ ᐃᑲᔫᑎᑎᒍᑦ TOTAL BENEFITS FUND INVESTMENT IN PROGRAMS ᐸᐃᕆᕕᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ ᐸᐃᕆᕕᓐᓄᑦ ᐃᑲᔫᑏᑦ Daycare Subsidy ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᓪᓚᑦᑖᕐᓯᒪᔪᑦ $620,000 Actual spending DAYCARE SUBSIDY $2,504 ᐊᑭᖓ ᐊᑯᓐᓈᕿᔪᒥ ᐸᐃᕆᕕᒻᒧᑦ ᐃᑲᔫᑎᐅᕙᑦᑐᑦ ᐊᑐᓂᑦ ᓱᕈᓯᕐᓄᑦ Average daycare subsidy per child ᐊᑯᓐᓈᕿᓂᖓᓂᖓ ᓈᓴᐅᑎᑎᒍᑦ ᐃᓂᒋᕙᑦᑕᖏᑦ ᖃᐅᑕᒫᑦ ᐸᐃᕆᕕᒻᒧᑦ 224 ᐃᑲᔫᓯᐊᖅᑖᐸᑦᑐᑦ Average number of spaces per day receiving daycare subsidy ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᑮᓇᐅᔭᑦ ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᑮᓇᐅᔭᑦ Opportunities Fund $180,000 ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᓪᓚᑦᑖᕐᓯᒪᔪᑦ Actual spending OPPORTUNITIES FUND

14 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ (QCAP) QIKIQTANI CULTURAL ACTIVITIES PROGRAM (QCAP) ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ ᕿᑭᖅᑕᓃᒃᑯᑦ ᓯᕗᓪᓕᖅᐹᕐᒥᒃ ᑐᒃᓯᕋᐅᑎᓕᐅᕈᒪᔪᓄᑦ ᒪᓂᒪᑎᑦᑎᓂᖅ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒥᒃ ᐃᑲᔫᓯᐊᒃᓴᓄᑦ ᐱᓕᕆᐊᖃᕈᒪᔪᓄᑦ ᑐᒃᓯᕋᐅᑎᑦ. ᐊᑐᓂ ᓄᓇᓕᒃ $33,000ᑖᕈᓐᓇᖅᑐᑦ. QIKIQTANI CULTURAL ACTIVITIES PROGRAM ᕿᑭᖅᑕᓃᒃᑯᑦ ᐅᓄᖅᓯᒋᐊᖅᓯᔪᑦ ᕿᑭᖅᑕᓃᒃᑯᑦ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒥᒃ ᐃᑲᔫᓯᐊᒃᓴᓄᑦ ᑮᓇᐅᔭᓂᒃ ᐊᑐᓂ ᓄᓇᓕᖕᒧᑦ $53,000ᑖᕐᓗᑎᒃ. QIA issues first call for QCAP applications. Each community can access $33, ᐱᓕᕆᐊᑦ ᐱᔭᕇᖅᑕᐅᓯᒪᔪᑦ ᑮᓇᐅᔭᐃᑦ ᐊᑐᖅᑕᐅᔪᑦ ᑲᑎᓪᓗᒋᑦ $637, projects completed totaling $637, ᐱᓕᕆᐊᑦ ᐱᔭᕇᖅᑕᐅᓯᒪᔪᑦ ᑮᓇᐅᔭᐃᑦ ᐊᑐᖅᑕᐅᔪᑦ ᑲᑎᓪᓗᒋᑦ $645, projects completed totaling $645,000 QIA increases QCAP budget to $53,000 for each community.

15 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 15 ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ (QCAP) ᑐᔅᓯᕋᐅᓯᐅᕈᑎᑎᒍᑦ ᐱᓕᕆᐊᖑᕙᒻᒪᑕ ᑮᓇᐅᔭᖅᑖᑎᑦᑎᕙᑦᑐᑦ ᓄᓇᓕᓐᓂᑦ ᑐᑭᒧᐊᑦᑎᑕᐅᕙᑦᑐᓂᑦ ᐱᓕᕆᐊᓂᑦ ᐊᑐᕐᐸᑦᑐᓂᑦ ᓴᐳᔾᔨᓂᕐᒥᒃ ᐊᑐᖅᑕᐅᖏᓐᓇᖁᓪᓗᒋᑦ ᐊᒻᒪᓗ ᐃᓕᓐᓂᐊᑎᑦᑎᖃᑦᑕᓂᕐᒥᒃ ᐱᖅᑯᓯᖅᑎᒍᑦ ᐃᓕᙵᔭᐅᔪᓂᑦ ᐊᒻᒪᓗ ᐃᓚᒋᔭᐅᒋᐊᒃᑲᓐᓂᕈᑎᔅᓴᓂᑦ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒥ ᐱᓕᕆᓂᐅᕙᑦᑐᓂᑦ. ᓯᕕᑐᔪᒨᖓᓪᓗᑎᒃ ᐊᑐᕈᒫᕐᓂᐊᕐᓂᖏᓐᓂᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ ᐱᔪᓐᓇᕐᓯᒋᐊᒃᑲᓐᓂᖁᓪᓗᒋᑦ ᐃᓄᐃᑦ ᐃᓕᖅᑯᓯᖅᑎᒍᑦ ᐃᓕᓴᕐᓇᕈᑎᖏᑦ ᐊᒻᒪᓗ ᒪᑭᒪᖁᓪᓗᒋᑦ ᕿᑭᖅᑕᓂ ᓄᓇᓖᑦ ᐃᓄᐃᑦ ᒥᓗ, ᒪᓕᒃᖢᒍ ᐱᓕᕆᐊᖅ, ᕿᑭᖅᑕᓃᒃᑯᑦ ᓴᓂᕐᕙᖅᓯᓯᒪᓚᐅᖅᑐᑦ ᑮᓇᐅᔭᓂᒃ $650,000ᓂ ᐱᓕᕆᐊᒃᓴᓄᑦ 13ᓂ ᓄᓇᓕᖕᓄᑦ ᕿᑭᖅᑖᓗᖕᒥ. ᓄᕙᓐᓇᕐᔪᐊᖅ-19 ᐊᑐᖅᑎᓪᓗᒍ ᐊᒃᑐᐃᓚᐅᕐᒪᑦ ᓴᖅᑭᑕᐅᓂᖏᑦ ᕿᑭᖅᑕᓂ ᐃᓕᓐᓂᐊᖅᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᓯᐊᒃᓴᓂᑦ ᐱᓕᕆᐊᓂᒃ. ᕿᑭᖅᑕᓃᒃᑯᑦ ᓄᖅᑲᖅᑎᑦᑎᑲᐃᓐᓇᓚᐅᖅᑐᑦ ᐋᓐᓂᐊᖃᕐᓇᙱᑦᑐᓕᕆᓂᕐᒥᒃ ᒪᓕᖁᔭᐅᔪᑦ ᐱᔾᔪᑎᒋᓪᓗᒍ, ᐱᖃᓯᐅᑎᓪᓗᒍ ᑖᓐᓇ ᕿᑭᖅᑕ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᓯᐊᒃᓴᓄᑦ ᐱᓕᕆᐊᖓ, ᐃᓚᖏᑦ ᐱᓕᕆᐊᑦ ᐊᖏᖅᑕᐅᓚᐅᖅᑐᑦ ᑭᓯᐊᓂ ᑲᔪᓯᒍᓐᓇᓚᐅᙱᑦᑐᑦ ᐋᓐᓂᐊᖃᕐᓇᙱᑦᑐᓕᕆᓂᕐᒧᑦ ᒪᑐᓯᒪᑎᑦᑎᑎᓪᓗᒋᑦ. ᐊᕐᕌᒍᒥ 2020ᒥ 2021ᒥᓗ, ᕿᑭᖅᑕᓃᒃᑯᑦ ᐊᑕᐅᓯᐊᑐᐃᓐᓇᖅ ᐱᔫᒥᓵᕈᑎᖃᓚᐅᖅᑐᑦ ᑐᒃᓯᕋᐅᑎᓕᐅᕈᒪᒐᔭᖅᑐᓄᑦ ᐱᓕᕆᐊᒃᓴᓄᑦ ᒫᑦᓯ 2020ᒥ. ᑲᑎᓗᒃᑖᕐᓗᒋᑦ ᕿᑭᖅᑕᓃᒃᑯᑦ ᑐᓂᔭᐅᓚᐅᖅᑐᑦ ᑐᒃᓯᕋᐅᑎᓂ 73ᓂ, ᑮᓇᐅᔭᓂᒃ ᑐᒃᓯᕋᖅᖢᑎᒃ $1,481,000ᓂ. ᕿᑭᖅᑕᓃᒃᑯᑦ ᐸᕐᓇᒃᓯᒪᓚᐅᕋᓗᐊᕐᒪᑦ ᐊᐃᑉᐸᕆᓂᐊᖅᑕᖓᓂᒃ ᑐᒃᓯᕋᐅᑎᓕᐅᕈᒪᔪᓄᑦ ᒪᑐᐃᖅᓯᓗᑎᒃ ᐊᐅᔭᒥ 2020ᒥ, ᑲᔪᓯᒍᓐᓇᓚᐅᙱᑦᑐᖅ ᓄᕙᓐᓇᕐᔪᐊᖅ -19 ᐱᔾᔪᑎᒋᓪᓗᒍ. ᕿᑭᖅᑕᓃᒃᑯᑦ ᐊᖏᓚᐅᖅᑐᑦ 58ᓂ ᐱᓕᕆᐊᒃᓴᓂ. ᑖᒃᑯᓇᙵᑦ 58ᖑᔪᓂᑦ 43ᖑᔪᑦ ᐱᔭᕇᖅᑕᐅᓚᐅᖅᑐᑦ. 15ᖑᔪᓂᒃ ᐱᓕᕆᐊᒃᓴᕆᔭᐅᓂᐊᖅᑐᑦ ᓄᖅᑲᖅᑎᑕᐅᒋᐊᖃᓚᐅᖅᑐᑦ ᓄᕙᓐᓇᕐᔪᐊᖅ-19 ᐱᔾᔪᑎᒋᓪᓗᒍ. ᐊᑭᖓ ᐱᓕᕆᐊᑦ ᓄᖅᑲᖅᑎᑕᐅᓚᐅᖅᑐᓂᑦ ᐊᑭᖃᓚᐅᖅᑐᑦ $159,350ᓂ. ᑕᐃᒃᑯᐊ ᑮᓇᐅᔭᐃᑦ ᐊᑐᖅᑕᐅᙱᑦᑐᑦ ᐃᑲᔫᓯᐊᒃᓴᓂᑦ ᑮᓇᐅᔭᓂᑦ ᐅᑎᖅᑕᐅᖃᑦᑕᖅᑐᑦ ᑐᖅᑯᖅᓯᒪᔪᓄᑦ ᑮᓇᐅᔭᓄᑦ ᐊᒻᒪᓗ ᐃᓕᔭᐅᒍᓐᓇᙱᑦᑐᑦ ᓄᑖᒧᑦ ᐊᕐᕌᒍᒧᑦ. The Qikiqtani Cultural Activities Program (QCAP) is an application-based program designed to provide funding for community-led projects that support Qikiqtani Inuit to learn traditional skills and get out on the land. QCAP fosters the preservation and transmission of traditional skills and increases participation in cultural activities. The long-term intention of QCAP is to strengthen Inuit cultural identity and empower Qikiqtani Inuit. In , under this program, QIA allocated $650,000 for projects across all 13 Qikiqtani communities. The COVID-19 pandemic impacted the delivery of QCAP in QIA paused the delivery of all regular programming following public health guidance, including QCAP. Additionally, some approved projects were unable to proceed due to public health restrictions. For , QIA had one call for applications, in March In total, QIA received 73 applications, requesting $1,481,000 in funding. QIA had planned for a second call for applications in summer 2020, however it did not proceed due to COVID-19. QIA approved 58 projects. Of those 43 projects were completed. 15 projects were cancelled due to COVID-19 related restrictions and challenges. The value of cancelled projects was $159,350. Unspent Benefits Fund funds are returned to the Legacy Fund and are not carried over into specific programs. ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ QIKIQTANI CULTURAL ACTIVITIES PROGRAM 43 ᐱᓕᕆᐊᑦ ᐱᔭᕇᖅᑕᐅᔪᓄᑦ ᑮᓇᐅᔭᐃᑦ ᐊᑐᖅᑕᐅᓚᐅᖅᑐᑦ ᑲᑎᓪᓗᒋᑦ $544, projects completed totaling $544,410 ᓄᕙᓐᓇᕐᔪᐊᖅ-19 ᐊᒃᑐᐃᔪᖅ ᕿᑭᖅᑕᓃᒃᑯᑦ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒥᒃ ᐃᑲᔫᓯᐊᒃᓴᖏᑦ ᐱᓕᕆᐊᖓᓂ COVID-19 pandemic impacts QCAP programming 2021 ᕿᑭᖅᑕᓃᒃᑯᓐᓂᑦ ᑮᓇᐅᔭᓂᒃ ᑐᒃᓯᕋᖅᑐᑦ ᐅᓄᕐᓂᖅᐹᖑᔪᓂᒃ ᑐᒃᓯᕋᕐᕕᐅᖃᑦᑕᓕᖅᑎᓪᓗᒋᑦ, 43 ᐱᓕᕆᐊᑦ ᐱᔭᕇᖅᑕᐅᔪᑦ ᑲᑎᓪᓗᒋᑦ ᑮᓇᐅᔭᐃᑦ ᐊᑐᖅᑕᐅᔪᑦ $607,286 QIA receives a record 73 application. 43 projects are completed totaling $607,286

16 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑎᓄᑦ ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᐱᓕᕆᐊᔅᓴᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ QIKIQTANI CULTURAL ACTIVITIES PROGRAM QCAP APPROVED PROJECTS ᐱᓕᕆᐊᑉ ᖃᓄᐃᑦᑑᓂᖓ ᒪᓕᑦᑐᒍ BY TYPE OF PROGRAM ᓄᓇᓕᑦᑎᒍᑦ FUNDING BY COMMUNITY 30 $315,789 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ/ᓅᓯᒪᖃᑦᑕᓂᕐᒧᓪᓗ HUNTING/LAND ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᐱᓕᕆᐊᔅᓴᑦ Approved projects ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᓂᐊᖅᑐᑦ Approved spending ᖃᐅᓱᐃᑦᑐᖅ RESOLUTE BAY 4.8% ᓴᓂᕋᔭᒃ SANIRAJAK 2.4% ᓴᓂᑭᓗᐊᖅ SANIKILUAQ 7.8% ᐃᒃᐱᐊᕐᔪᒃ ARCTIC BAY 5.1% ᕿᑭᖅᑕᕐᔪᐊᖅ CLYDE RIVER 4.9% ᕿᑭᖅᑕᕐᔪᐊᖅ GRISE FIORD 4.9% 16 ᒥᕐᓱᖃᑦᑕᓂᕐᒧᑦ SEWING ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᐱᓕᕆᐊᔅᓴᑦ Approved projects ᕿᑭᖅᑕᕐᔪᐊᖅ QIKIQTARJUAQ 4.9% ᐃᒡᓗᓕᒃ IGLOOLIK 10.3% $163,967 ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᓂᐊᖅᑐᑦ Approved spending ᐸᓐᓂᖅᑑᖅ PANGNIRTUNG 17.1% 12 $127,530 ᐊᓯᖏᓐᓄᑦ OTHER ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᐱᓕᕆᐊᔅᓴᑦ Approved projects ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᓂᐊᖅᑐᑦ Approved spending ᒥᑦᑎᒪᑕᓕᒃ POND INLET 4.4% ᑭᙵᐃᑦ KINNGAIT 6.1% ᑭᒻᒥᕈᑦ KIMMIRUT 9.8% ᐃᖃᓗᐃᑦ IQALUIT 17.5%

17 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 17 ᑲᑎᓪᓗᒋᑦ ᒧᓪᓗ ᑮᓇᐅᔭᐃᑦ ᐱᓕᕆᐊᒃᓴᓄᑦ ᐊᑐᓚᐅᖅᑐᑦ ᐊᑐᓂ ᓄᓇᓕᒃ ᕿᑭᖅᑖᓗᖕᒥ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ QIKIQTANI CULTURAL ACTIVITIES PROGRAM TOTAL FUNDING AND NUMBER OF COMPLETED PROJECTS IN EACH QIKIQTANI COMMUNITY $15,600 1 ᕿᑭᖅᑕᕐᔪᐊᖅ GRISE FIORD $15,900 ᐃᒃᐱᐊᕐᔪᒃ ARCTIC BAY $14,000 ᖃᐅᓱᐃᑦᑐᖅ RESOLUTE BAY $15,000 ᒥᑦᑎᒪᑕᓕᒃ POND INLET 3 $30,000 ᕿᑭᖅᑕᕐᔪᐊᖅ CLYDE RIVER 1 9 $15,000 ᕿᑭᖅᑕᕐᔪᐊᖅ QIKIQTARJUAQ $74,500 ᐸᓐᓂᖅᑑᖅ PANGNIRTUNG $62,500 ᐃᒡᓗᓕᒃ IGLOOLIK $94,737 ᐃᖃᓗᐃᑦ IQALUIT $15,000 ᓴᓂᕋᔭᒃ SANIRAJAK $25,000 ᑭᙵᐃᑦ KINNGAIT $29,700 ᑭᒻᒥᕈᑦ KIMMIRUT $607,286 ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᐱᓕᕆᐊᑦ 43 COMPLETED PROJECTS ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᑮᓇᐅᔭᑦ APPROVED FUNDING 4 $42,100 ᓴᓂᑭᓗᐊᖅ SANIKILUAQ

18 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᐊᑭᓕᖅᑕᐅᓯᒪᔪᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ QIKIQTANI CULTURAL ACTIVITIES PROGRAM QCAP APPROVED SPENDING ᑖᒃᑯᐊ ᑐᑭᓯᑎᑦᑎᒋᐊᕈᑏᑦ ᐊᕕᑦᑐᕐᓯᒪᓪᓗᒋᑦ ᑕᑯᖅᑯᔾᔨᒍᑕᐅᔪᑦ ᐊᖏᖅᑕᐅᓯᒪᔪᓂᑦ ᑮᓇᐅᔭᓂᑦ ᐊᒻᒪᓗ ᐊᒥᓲᓂᖏᓐᓂᒃ ᐱᔭᕇᖅᑕᐅᓯᒪᔪᑦ ᐱᓕᕆᐊᑦ ᐊᑐᓂᑦ ᕿᑭᖅᑕᓂ ᓄᓇᓕᓐᓂᑦ. The following table shows the approved funding and number of completed projects in each Qikiqtani community. ᖃᓄᐃᑦᑑᓂᖓ ᐱᓕᕆᐊᔅᓴ Community ᐃᒃᐱᐊᕐᔪᒃ Arctic Bay ᑲᖏᖅᑐᒑᐱᒃ Clyde River ᐊᐅᓱᐃᑦᑐᖅ Grise Fiord ᐃᒡᓗᓕᒃ Igloolik ᐃᖃᓗᐃᑦ Iqaluit ᐱᓕᕆᐊᑦ ᖃᓄᐃᑦᑑᒻᒪᖔᖅ Program Category ᐱᓕᕆᐊᑉ ᑕᐃᔭᐅᓂᖓ Project Name ᐊᒥᓲᓂᖏᑦ ᐊᖏᖅᑕᐅᓯᒪᔪᑦ Amount ᒥᕐᓱᑎᑦᑎᓂᖅ Sewing ᕿᓯᓕᕆᓂᖅ/ᕿᑦᑎᕆᓂᖅ Seal Skin Preparation $15,900 ᓅᓯᒪᖃᑦᑕᓂᕐᒧᓪᓗ Land ᐊᐅᓪᓚᖅᓯᒪᖃᑎᒌᖕᓂᖅ Aullaqsimaqatigiini $10,000 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᐃᖃᓗᓕᕆᓂᖅ Iqaluliriniq $5,000 ᒥᕐᓱᑎᑦᑎᓂᖅ Sewing ᕿᑦᑎᕆᓂᖅ Seal Skinning Course $15,000 ᐊᓯᐊᓄᑦ Other ᐅᒥᐊᖅ Umiak $15,000 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᓅᓐᓂᖅ/ᐅᒪᔪᖅᓯᐅᕐᓂᖅ Camping/Hunting $12,500 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᓅᓐᓂᖅ Hunting $12,500 ᒥᕐᓱᑎᑦᑎᓂᖅ Sewing ᓅᓐᓂᕐᒧᑦ ᐊᓐᓄᕌᓕᐅᕐᓂᖅ Hunting Clothing Project $15,000 ᒥᕐᓱᑎᑦᑎᓂᖅ Sewing ᔭᐸᓕᐅᕐᓂᖅ Parking Making $10,000 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᐅᐱᕐᖔᒃᑯᑦ/ᐊᐅᔭᒃᑯᑦ ᐃᖃᓪᓕᕿᓂᖅ Spring & Summer Fever Fishing $12,500 ᒥᕐᓱᑎᑦᑎᓂᖅ Sewing ᓅᓯᒪᖃᑦᑕᓂᕐᒧᓪᓗ Land ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᓅᓯᒪᖃᑦᑕᓂᕐᒧᓪᓗ Land ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᓅᓯᒪᖃᑦᑕᓂᕐᒧᓪᓗ Land ᐊᕐᓇᑯᓗᒃ ᐱᖅᑯᓯᖓ Arnakuluk Piqqusinga $10,000 ᐃᓕᖅᑯᓯᕐᒥᒃ ᐱᒋᐅᖅᓴᖅᑏᑦ II Iliqqusirnik Pigiuqsaqtiit II $10,000 ᐃᖃᓗᓐᓂ ᐊᓯᕙᖅᑎ Iqalunni Asivatii $15,000 ᒥᕐᓱᑎᑦᑎᓂᖅ Sewing ᓇᓴᓕᐅᕆᐅᖅᓴᓂᖅ Nasaliuriuqsarniq $5,000

19 ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ QIKIQTANI CULTURAL ACTIVITIES PROGRAM Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 19 ᖃᓄᐃᑦᑑᓂᖓ ᐱᓕᕆᐊᔅᓴ Community ᐱᓕᕆᐊᑦ ᖃᓄᐃᑦᑑᒻᒪᖔᖅ Program Category ᐱᓕᕆᐊᑉ ᑕᐃᔭᐅᓂᖓ Project Name ᐊᒥᓲᓂᖏᑦ ᐊᖏᖅᑕᐅᓯᒪᔪᑦ Amount ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᓇᑦᑎᖅᓯᐅᕐᓂᖅ/ᐃᖃᓪᓕᕿᓂᖅ Seal Hunting & Fishing $5,000 ᒥᕐᓱᑎᑦᑎᓂᖅ Sewing ᕿᓯᖕᒥᑦ ᒥᖅᓱᕐᓂᖅ Seal Skin Sewing $8,900 ᒥᕐᓱᑎᑦᑎᓂᖅ Sewing ᒥᖅᓱᕐᓂᖅ ᐊᒻᒪ ᓴᐸᖓᓕᕆᓂᖅ Sewing & Beading Program $4,837 ᐃᖃᓗᐃᑦ Iqaluit ᒥᕐᓱᑎᑦᑎᓂᖅ Sewing ᒥᖅᓱᕐᓂᖅ ᐊᒻᒪ ᒪᒥᓴᕐᓂᖅ ᐊᓯᔾᔨᖅᓯᒍᒪᓂᕐᒧᑦ Sewing & Healing For Change $10,000 ᐊᓯᐊᓄᑦ Other ᒥᑭᔪᓂᒃ ᐊᐅᓚᐅᑎᓂᒃ ᐋᖅᑭᒃᓱᕆᐅᖅᓴᓂᖅ Small Engine Repair Program $6,000 ᐊᓯᐊᓄᑦ Other ᐆᒻᒪᑎ ᐱᕆᓇᑕ Uummati Perinatal Support Program $5,000 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᓅᓯᒪᖃᑦᑕᓂᕐᒧᓪᓗ Land ᕿᓚᓗᒐᖅᓯᐅᕐᓂᖅ Whaling Season Camp $15,000 ᑭᒻᒥᕈᑦ Kimmirut ᑭᙵᐃᑦ Kinngait ᐸᓐᓂᖅᑑᖅ Pangnirtung ᓅᓯᒪᖃᑦᑕᓂᕐᒧᓪᓗ Land ᓄᓂᕙᖕᓂᖅ Berry Picking Project $5,000 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᑐᒃᑐᓯᐅᕐᓂᖅ Caribou Hunting $9,700 ᓅᓯᒪᖃᑦᑕᓂᕐᒧᓪᓗ Land ᓄᓇᒦᑎᓪᓗᒋ ᐃᓕᓐᓂᐊᖅᑎᑦᑎᓂᖅ On The Land Program $15,000 ᐊᓯᐊᓄᑦ Other ᐃᓐᓇᐃᑦ ᐅᓂᒃᑳᕐᓂᖏᑦ ᐊᒻᒪ ᖃᕆᓴᐅᔭᕐᒨᖅᑲᐃᓂᖅ Elder s Storytelling and Digital Archive $15,000 ᓅᓯᒪᖃᑦᑕᓂᕐᒧᓪᓗ Land ᑭᙵᓂ ᓄᓇᓕᐊᖅᑎᑦᑎᓂᖅ Kinngait Land Camp $10,000 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᓅᓯᒪᖃᑦᑕᓂᕐᒧᓪᓗ Land ᓇᑦᑎᖅᓯᐅᕐᓂᖅ/ᓄᓂᕙᖕᓂᖅ Clam/Seal/Berry Trips $6,000 ᒥᕐᓱᑎᑦᑎᓂᖅ Sewing ᓇᓄᕋᓕᕆᓂᖅ Cleaning Polar Bear Skin $3,000 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᐅᒪᔪᖅᓯᐅᕐᓂᖅ/ᐃᓄᐃᑦ ᖃᐅᔨᒪᔭᖏᑦ Hunting/Inuit Knowledge $10,000

20 ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ QIKIQTANI CULTURAL ACTIVITIES PROGRAM ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᖃᓄᐃᑦᑑᓂᖓ ᐱᓕᕆᐊᔅᓴ Community ᐱᓕᕆᐊᑦ ᖃᓄᐃᑦᑑᒻᒪᖔᖅ Program Category ᐱᓕᕆᐊᑉ ᑕᐃᔭᐅᓂᖓ Project Name ᐊᒥᓲᓂᖏᑦ ᐊᖏᖅᑕᐅᓯᒪᔪᑦ Amount ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᐃᑲᔪᖃᑎᒌᖕᓂᖅ Ikajuqatigiiniq $10,000 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᐃᑉᐱᒑ Ippigaa $10,000 ᐸᓐᓂᖅᑑᖅ Pangnirtung ᒥᑦᑎᒪᑕᓕᒃ Pond Inlet ᕿᑭᖅᑕᕐᔪᐊᖅ Qikiqtarjuaq ᖃᐅᓱᐃᑦᑐᖅ Resolute Bay ᒥᕐᓱᑎᑦᑎᓂᖅ Sewing ᕿᑦᑎᕆᓂᖅ Learning To Clean Seal Skins $10,000 ᓅᓯᒪᖃᑦᑕᓂᕐᒧᓪᓗ Land ᓅᑎᑦᑎᓂᖅ Out-On-The-Land Program $5,500 ᒥᕐᓱᑎᑦᑎᓂᖅ Sewing ᓯᕕᓂᔅᓴᓕᐅᕐᓂᖅ Sivinissaliurnniq $10,000 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᓅᓯᒪᖃᑦᑕᓂᕐᒧᓪᓗ Land ᐊᓯᕙᖃᑦᑕᕐᓂ ᐊᐅᓪᓚᐅᔾᔨᐋᑦᑕᕐᓂᖅ ᐃᓄᐃᑦ ᐱᖅᑯᓯᖏᑎᒍᑦ ᐃᓕᖅᑯᓯᖏᑐᒍᑦ ᐊᒻᒪᓗ ᓄᓂᕙᒍᐊᕈᔾᔨᓂᖅ ᐊᒻᒪᓗ ᐳᕈᖅᑐᓂᒃ ᐊᔪᕆᖅᓯᐅᔾᔪᓂᖅ Hunting/Camping, Berry Picking, Learning Flora and Fauna $10,000 ᒥᕐᓱᑎᑦᑎᓂᖅ Sewing ᐊᒪᐅᑎᓕᐅᕐᓂᖅ ᔭᐸᓕᐅᕐᓂᕐᓗ Amautik and Parka Making $15,000 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᓅᓯᒪᖃᑦᑕᓂᕐᒧᓪᓗ Land ᐅᒥᐊᖅᑐᕐᓂᖅ/ᑐᒑᓕᒃᓯᐅᕐᓂᖅ Boating/Narwhal Hunting $15,000 ᐊᓯᐊᓄᑦ Other ᑎᑎᖅᑐᒐᕐᓂᖅ Stencil and Print Making $14,000 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᐅᒪᔪᖅᓯᐅᕐᓂᖅ/ᐃᖃᓪᓕᕿᓂᖅ Hunting/Camping $10,000 ᓴᓂᑭᓗᐊᖅ Sanikiluaq ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᐅᒪᔪᖅᓯᐅᕐᓂᖅ/ᐃᖃᓪᓕᕿᓂᖅ Hunting/Fishing $9,500 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᓴᓂᑭᓗᐊᕐᒥ ᐅᒪᔪᖅᓯᐅᖅᑎᑦᑎᓂᖅ Sanikiluaq Hunting Program $10,000 ᐊᖑᓇᓱᓐᓂᕐᒧᑦ Hunting ᐅᐱᕐᖔᒥᒃ ᐃᖃᓪᓕᕿᓂᖅ ᐊᒻᒪ ᑎᖕᒥᐊᖅᓯᐅᕐᓂᖅ Spring Fishing and Goose Hunt $12,600 ᓴᓂᕋᔭᒃ Sanirajak ᐊᓯᐊᓄᑦ Other ᐃᓄᒃᓱᒃᑐᑦ ᓯᕗᓕᖅᑎᒃᓴᕗᑦ Our Young Leader $15,000 ᑖᒃᑯᐊ ᑎᑎᕋᖅᑕᐅᑎᓪᓗᒋᑦ, ᐃᓚᖏᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑎᑎᒍᑦ ᐱᓕᕆᐊᑦ ᓱᓕ ᐅᓂᒃᑳᓕᐅᕈᑕᐅᕙᓪᓕᐊᔪᒻᒪᒧᑕ. ᑖᒃᑯᐊ ᓈᓴᐅᑏᑦ ᐊᖏᖅᑕᐅᓯᒪᔪᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑎᑎᒍᑦ ᐊᑭᓕᕐᓱᖅᑕᐅᓂᐊᕐᓂᖏᓐᓂᒃ. ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᓪᓚᑦᑖᕐᓯᒪᔪᑦ ᐊᔾᔨᒋᙱᑐᐃᓐᓇᕆᐊᓕᖏᑦ. At the time of writing, some QCAP projects are still reporting. These figures are the Approved QCAP spending. Actual spending may differ.

21 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 21

22 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑎᑎᒍᑦ ᐱᓕᕆᐊᖑᓯᒪᔪᑦ ᖃᓄᐃᓕᖓᓂᖏᑦ ᓅᑎᑦᑎᓂᖅ, ᑭᙵᕐᓂ ᔪᓚᐃ 2021ᒥ, ᐊᕙᑎᓂᒃ ᐃᓅᓱᒃᑐᓂᒃ ᑭᙵᕐᓂᑦ ᓅᖃᑎᒋᔭᐅᓚᐅᖅᑐᑦ ᑮᓇᐅᔭᖃᖅᑎᑕᐅᓪᓗᓂ ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒥᒃ ᐃᑲᔫᓯᐊᒃᓴᖏᓐᓂᑦ. ᓯᕗᓕᖅᑎᖃᖅᖢᑎᒃ ᑯᓕᔅ ᐳᓪᓚᒻᒥᒃ ᐊᖓᔪᖅᑎᕐᒥ, ᐃᓅᓱᒃᑐᑦ ᓅᑎᑕᐅᓗᐊᕈᓐᓇᙱᑦᑐᑦ ᐅᒥᐊᖅᑐᓚᐅᖅᑐᑦ, ᐃᖃᓪᓕᕿᓪᓗᑎᒃ ᐊᒻᒪ ᓇᑦᑎᖅᓯᐅᓚᐅᖅᑐᑦ. ᐳᓪᓚᑦ ᐊᖓᔪᖅᑎᖅ ᐊᐃᑉᐸᖓᓗ ᒫᑕ ᐲ ᐳᓪᓚᑦ ᐊᒻᒪᓗ ᓴᑭᖓ ᓴᓗᒨᓂ ᐲᓗ ᐊᐅᓪᓚᕈᔾᔨᖃᑦᑕᖅᖢᑎᒃ. ᐳᓪᓚᑦ ᐊᖓᔪᖅᑎᖅ ᓯᕗᓕᖅᑎᒋᔭᐅᓚᐅᖅᑐᖅ ᒪᕐᕈᐃᖅᖢᓂ ᐊᐅᓪᓚᕈᔾᔨᓪᓗᓂ ᐅᑎᕐᔭᖕᓂᐊᖅᖢᑎᒃ. ᐊᐅᓪᓚᖅᓯᒪᑎᓪᓗᒋᑦ ᐃᓅᓱᒃᑐᑦ ᐃᓕᓐᓂᐊᖅᑎᑕᐅᓚᐅᖅᑐᑦ ᖃᓄᖅ ᐊᑦᑕᕐᓇᖅᑐᒦᑦᑕᐃᓕ- ᒋᐊᖃᕐᓂᕐᒥᒃ ᐅᒥᐊᖅᑐᕐᓗᓂ, ᖃᓄᖅ ᓄᓗᐊᑦ ᐃᓕᔭᐅᕙᖕᓂᖏᑦ, ᐊᒻᒪᓗ ᖃᓄᖅ ᐊᖑᓇᓲᑎᑦ ᐱᖁᑎᑦ ᑐᖅᑯᖅᑕᐅᓯᒪᑦᑎᐊᕆᐊᖃᕐᓂᖏᓐᓄᑦ. ᓄᓗᐊᒃᑯᑦ ᐃᖃᓗᒃᐱᓚᐅᖅᑎᓪᓗᒋᑦ, ᐃᓅᓱᒃᑐᑦ ᐃᓕᓐᓂ-ᐊᖅᑎᑕᐅᓚᐅᖅᑐᑦ ᖃᓄᖅ ᓂᕿᓕᕆᔭᕆᐊᖃᕐᓂᖏᓐᓄᑦ. ᐊᐅᓪᓚᕈᔾᔨᓂᖅ ᑐᕌᖓᓚᐅᖅᑐᖅ ᐃᓅᓱᒃᑐᓄᑦ ᐊᖑᓇᓱᒍᑎᒃᓴᖃᙱᑦᑐᓄᑦ ᐃᖃᓪᓕᕆᔾᔪᑎ- ᖃᙱᑦᑐᓄᓗ ᐅᕝᕙᓘᓐᓃᑦ ᐱᖁᑎᖃᙱᑦᑐᓄᑦ ᓅᔾᔪᑎᒃᓴᓂ. ᑖᓐᓇ ᐱᓕᕆᐊᖑᔪᖅ ᑕᑯᒃᓴᐅᑎᑦᑎᓚᐅᖅᑐᑦ ᖃᓄᖅ ᑲᑐᔾᔨᖃᑎᒌᑦᑎᐊᕆᐊᖃᕐᓂᖏᓐᓄᑦ ᐱᓕᕆᑎᓪᓗᒋᑦ ᐊᒻᒪᓗ ᓴᖅᑭᔮᖅᑎᑦᑎᓪᓗᑎᒃ ᐃᓄᐃᑦ ᖃᐅᔨᒪᔭᑐᖃᖏᓐᓂᒃ ᑕᒪᒃᑯᐊ ᐃᓱᒪᒃᑯᑦ ᐊᑲᐅᓯᕚᓪᓕᕈᑎᒋᔭᐅᔪᓐᓇᖅᖢᑎᒃ. ᐱᒋᐊᖅᑎᑦᑎᒍᒪᓚᐅᖅᑐᖓ ᐊᕙᒃᑯᑎᖃᕈᒪᓪᓗᓂ ᐃᓄᒃᓱᒃᑐᓂ ᑭᙵᕐᓂ ᐱᖁᑎᖃᙱᑦᑐᑦ ᑭᓱᖃᙱᑦᑐᓄᑦ ᓅᔾᔪᑎᒃᓴᖃᙱᑦᑐᓂᒃ ᐱᕕᖃᖁᓪᓗᒋᑦ ᐃᖃᓪᓕᕿᓂᕐᒥᒃ ᐅᒥᐊᖅᑐᕐᓂᕐᒥᓗ ᐅᖃᖅᑐᖅ ᑯᓕᔅ ᐳᓪᓚᑦ ᐊᖓᔪᖅᑎᖅ. ᐃᓅᓱᒃᑐᕗᑦ ᓅᑎᑕᐅᔾᔫᒥᖃᑦᑕᕆᐊᖃᕋᓗᐊᕐᒪᑕ ᑕᑯᒃᑲᓐᓂᖃᑦᑕᕐᓂᐊᕐᒪᑕ ᑲᔾᔮᕐᓇᖅᑐᓂᒃ ᑕᕆᐅᕐᒥᓗ. QCAP PROJECT PROFILE Land Camp, KINNGAIT In July 2021, twenty youth from Kinngait participated in a cultural skills trip thanks to QCAP funding. Under project leader Chris Pudlat Sr., youth with little on-the-land experience were able go boating, fishing and seal hunting. Pudlat Sr. lead these trips with support from his wife, Maata Pee Pudlat, and his father-in-law, Salomonie Pee. Pudlat Sr. lead two separate day trip excursions. During these trips the youth learned boating safety and skills, how to set fishing nets, and how to safely pack, store and use hunting equipment. After netting Arctic char, the youth learned how to process and preserve their catch. The trips were designed for youth who do not have hunting or fishing equipment or the resources to take part in onthe-land activities. This project promoted teamwork and traditional Inuit knowledge which fosters positive mental health. What motivated me was to offer youth in Kinngait who don t have access to go boating or fishing the opportunity to, said Chris Pudlat Sr. Our youth need to be out more on our beautiful land and sea. ᕿᑭᖅᑕᓂ ᐃᓕᖅᑯᓯᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ QIKIQTANI CULTURAL ACTIVITIES PROGRAM

23

24 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᐸᐃᕆᕕᒻᒧᑦ ᐃᑲᔫᑏᑦ DAYCARE SUBSIDY ᐸᐃᕆᕕᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ ᕿᑭᖅᑕᓂᒃᑯᑦ ᐸᐃᕆᕕᒻᒧᑦ ᐃᑲᔫᑎᒋᓯᒪᔭᖏᑦ QIA Daycare Subsidy Allocation DAYCARE SUBSIDY ᑮᓇᐅᔭᖅᑖᕆᕙᑦᑕᖏᑦ Community ᑮᓇᐅᔭᖅᑖᕆ- ᕙᑦᑕᖏᑦ Number of Centres ᑮᓇᐅᔭᖅᑖᕆᕙᑦᑕᖏᑦ Number of subsidized daycare spaces for Inuit parents (average for 4 quarters) ᑮᓇᐅᔭᖅᑖᕆ- ᕙᑦᑕᖏᑦ Distribution of funding (%) ᕿᑭᖅᑕᓂᒃᑯᑦ ᐃᑲᔪᖃᑦᑕᖅᑐᑦ ᕿᑭᖅᑕᓂ ᓄᓇᓕᓐᓂᑦ ᐃᓄᓐᓂᑦ ᕿᑐᕐᖓᓕᓐᓂᑦ ᐸᐃᕆᕕᒻᒧᑦ ᐃᑲᔫᓯᐊᔅᓴᑎᒍᑦ ᑕᐃᒪᙵᑦ ᐱᒋᐊᖅᑎᑕᐅᓚᐅᕐᓯᒪᒻᒪᑕ 2017ᖑᑎᓪᓗᒍ. ᕿᑭᖅᑕᓂ ᓄᓇᓖᑦ ᐃᓄᐃᑦ ᕿᑐᕐᖓᓖᑦ ᐊᑐᕐᐸᑦᑐᑦ ᓚᐃᓴᓕᓐᓂᑦ ᐸᐃᕆᕕᓐᓂᑦ ᐃᑲᔫᓯᐊᖅᑖᖃᑦᑕᕈᓐᓇᕐᖓᑕ. ᑲᑭᕙ ᑲᑐᔾᔨᖃᑎᒌᑦ ᐱᔨᑦᑎᕋᐅᑎᖃᕐᐸᑦᑐᑦ ᑖᒃᑯᓂᖓ ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᕿᑭᖅᑕᓂᒃᑯᑦ ᐱᔾᔪᑎᒋᓪᓗᒋᑦ. ᐊᕐᕌᒍ , ᐊᑭᑭᒡᓕᒋᐊᕈᑎ ᐊᑐᖅᑕᐅᓚᖅᑐᖅ 9ᓐᓄᑦ ᓄᓇᓕᖕᓂ 224 ᐸᕐᕆᕕᖕᓄᑦ ᐊᑭᑭᒡᓕᒋᐊᕈᑎᐅᓪᓗᓂ ᐃᓄᖕᓄᑦ ᐊᖓᔪᖅᑳᕆᔭᐅᔪᓄᑦ. QIA has been supporting Qikiqtani Inuit parents through the Daycare Subsidy since it was launched in Qikiqtani Inuit parents who use licensed daycare centers are eligible for the subsidy. Kakivak Association delivers this subsidy on behalf of QIA. During , this program reached nine communities and supported 224 daycare spaces for Inuit parents. ᐃᒡᓗᓕᒃ Igloolik ᐃᖃᓗᐃᑦ Iqaluit ᑭᒻᒥᕈᑦ Kimmirut ᑭᙵᐃᑦ Kinngait ᐸᓐᓂᖅᑑᖅ Pangnirtung ᒥᑦᑎᒪᑕᓕᒃ Pond Inlet ᕿᑭᖅᑕᕐᔪᐊᖅ Qikiqtarjuaq ᓴᓂᑭᓗᐊᖅ Sanikiluaq ᑲᖏᖅᑐᒑᐱᒃ Clyde River ᑲᑎᓕᒫᖅᑐᒋᑦ Total % % % % % % % % % %

25 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 25 ᐸᐃᕆᕕᓕᕆᓂᕐᒧᑦ ᐃᑲᔫᑏᑦ 2017 ᕿᑭᖅᑕᓃᒃᑯᑦ ᑐᓴᖅᑎᑦᑎᕗᑦ ᐃᑲᔫᓯᐊᖑᔪᒥᒃ ᕿᑐᕐᖓᓕᖕᓄᑦ ᐸᐃᕆᕕᖕᒦᑦᑐᓄᑦ $5ᑖᓚᓂ ᖃᐅᑕᒫᑦ ᓚᐃᓴᓐᓯᖃᖅᑐᓄᑦ ᐸᐃᕆᕕᖕᓄᑦ QIA announces $5 per day daycare subsidy for Qikiqtani parents with children in licensed daycare facilities $500,000 ᑮᓇᐅᔭᐃᑦ ᐊᑐᖅᑕᐅᓚᐅᖅᑐᑦ ᐃᑲᔫᓯᐊᒃᓴᓄᑦ 196ᓄᑦ ᐸᐃᕆᕕᖕᓂ ᐃᓂᓄᑦ 24ᓄᑦ ᓄᓇᓕᖕᓄᑦ $500,000 invested to subsidize 196 childcare spaces across 24 daycare facilities ᕿᑭᖅᑕᓃᒃᑯᑦ ᐊᑭᑦᑐᕆᐊᖅᓯᔪᑦ ᐃᑲᔫᓯᐊᕐᒥᒃ $10ᑖᓚᒧᑦ ᖃᐅᑕᒫᖅ ᑮᓇᐅᔭᓂᒃ ᐊᑐᓚᐅᖅᑐᑦ $500,000ᓗᐊᓂᒃ ᐃᑲᔫᓯᐊᒃᓴᓄᑦ ᐸᐃᕆᕕᖕᓂ ᐃᓂᓄᑦ 7ᓄᑦ ᓄᓇᓕᖕᓄᑦ QIA increases subsidy to $10 per day Approximately $500,000 invested to subsidize almost 200 childcare spaces $496,600 ᑮᓇᐅᔭᐃᑦ ᐊᑐᖅᑕᐅᓚᐅᖅᑐᑦ ᐃᑲᔫᓯᐊᒃᓴᓄᑦ 209ᓄᑦ ᐸᐃᕆᕕᖕᓂ ᐃᓂᓄᑦ 7ᓄᑦ ᓄᓇᓕᖕᓄᑦ $496,600 invested to subsidize 209 childcare spaces across 7 communities 2019 DAYCARE SUBSIDY 2021 $620,000 ᑮᓇᐅᔭᐃᑦ ᐊᑐᖅᑕᐅᓚᐅᖅᑐᑦ ᐃᑲᔫᓯᐊᒃᓴᓄᑦ 224ᓄᑦ ᐸᐃᕆᕕᖕᓂ ᐃᓂᓄᑦ 9ᓄᑦ ᓄᓇᓕᖕᓄᑦ $620,000 invested to subsidize 224 childcare spaces across 9 communities

26 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᐱᓇᓱᐊᕈᑎᔅᓴᐃᑦ ᐸᐃᕆᕕᓐᓄᑦ DAYCARE RESOURCES ᐸᐃᕆᕕᓐᓄᑦ ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᐸᐃᕆᕕᓐᓄᑦ ᐱᓇᓱᐊᕈᑎᔅᓴᓂᑦ ᐱᓕᕆᐊᕐᒥ ᓴᓇᕙᒻᒪᑕ ᐊᒻᒪᓗ ᑐᓂᓯᐅᖅᑲᐃᕙᑦᑐᑎᒃ ᐃᓄᓐᓄᑦ ᑐᕌᖓᔪᓂᑦ ᓱᕈᓯᓛᕐᓄᑦ ᐃᓕᓐᓂᐊᕆᐅᕐᓴᐅᑎᓂᑦ ᕿᑭᖅᑕᓂ ᓄᓇᓕᓐᓃᑦᑐᓄᑦ ᐃᓚᒌᓄᑦ. ᐱᓕᕆᐊᖅ ᐊᒥᓱᕈᖅᑎᑦᑎᒋᐊᒃᑲᓐᓂᕈᑕᐅᕙᑦᑐᖅ ᐃᓕᓐᓂᐊᕈᑎᔅᓴᓂᑦ ᐱᔾᔪᑎᓕᓐᓂᑦ ᐃᓄᐃᑦ ᐃᓕᖅᑯᓯᖓᓐᓂᒃ ᐅᖃᐅᓯᖓᓐᓂᓪᓗ ᐊᒻᒪᓗ ᓲᖑᓯᑎᑦᑎᒋᐊᒃᑲᓂᕐᐸᑦᑐᓂ ᐃᓕᖅᑯᓯᑦᑎᒍᑦ ᐃᓕᓴᕐᓇᕈᑎᑦᑎᓐᓂᒃ ᐊᒻᒪᓗ ᐃᓄᒃᑎᑐᑦ ᐅᖃᐅᓯᑦᑎᓐᓂᒃ ᐃᓕᓯᒪᔭᑦᑎᓐᓂᒃ. The Daycare Resources program develops and distributes Inuit-specific early learning resources for Qikiqtani families. The program increases the number of learning resources in daycares that are grounded in Inuit culture and language and strengthen cultural identity and Inuktitut language skills. DAYCARE RESOURCES

27 ᐸᐃᕆᕕᓐᓄᑦ ᐱᓇᓱᐊᕈᑎᔅᓴᑦ Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT ᕿᑭᖅᑕᓂᒃᑯᑦ ᐃᖅᑲᓇᐃᔭᖃᑎᖃᓕᖅᐳᑦ ᐃᓐᕼᐋᕕᑦ ᒦᑎᐊᒃᑯᓐᓂ ᓄᓇᕗᑦ ᒐᕙᒪᒃᑯᓪᓗ ᐃᓕᓐᓂᐊᕐᓂᓕᕆᔨᒃᑯᖏᓐᓂ ᓴᖅᑭᑎᑦᑎᕙᓪᓕᐊᓗᑎᒃ ᐸᐃᕆᕕᖕᓂ ᐃᓕᓐᓂᐊᕈᑎᒃᓴᓂ QIA begins working Inhabit Media and the Government of Nunavut s Department of Education to create daycare resources 2019 ᕿᑭᖅᑕᓃᒃᑯᑦ ᓴᖅᑭᑎᑦᑎᔪᑦ ᐸᐃᕆᕕᖕᓄᑦ ᐃᑲᔫᑎᓂᒃ ᓇᒃᓯᐅᔾᔨᓪᓗᑎᒃ 55ᓄᑦ ᐸᐃᕆᕕᖕᓄᑦ ᓄᓇᕗᒥ ᐱᖃᓯᐅᑎᓪᓗᒋᑦ ᑐᒃᑐᑦ ᐱᖃᑎᖏᓪᓗ ᐅᖃᓕᒫᒐᓕᐊᓂ. ᕿᑭᖅᑕᓃᒃᑯᑦ ᑐᓂᓯᔪᑦ ᑮᓇᐅᔭᓂᒃ $10,000ᓂ ᐊᑐᕐᓂᐊᖅᑐᓄᑦ ᐃᓂᒃᑎᑑᓕᖅᓯᒪᔪᖅ ᓄᓇᕗᒥ ᐸᐃᕆᕕᖕᓂ ᐊᐅᓚᑦᑎᓂᕐᒥᒃ ᒪᓕᒐᒃᓴᖏᑦ ᐊᒥᓱᓕᐅᖅᑕᐅᓂᐊᕐᒪᑕᑦ QIA launches new daycare resources sent to 55 daycare centres across Nunavut including Tuktu and Friends book series QIA contributes $10,000 to support printing Inuktitut versions of the Nunavut Daycare Administrators Guide 2020 DAYCARE RESOURCES ᑐᒃᑐᑦ ᐱᖃᑎᖏᓪᓗ ᐃᓚᔭᐅᒃᑲᓐᓂᖅᑐᖅ 2021 ᕿᑭᖅᑕᓃᒃᑯᑦ ᑐᓂᓯᔪᑦ $22,535 ᐃᑲᔫᑎᐅᓗᑎᒃ ᓄᓇᕗᒥ ᐅᖃᐅᓯᓕᕆᓂᕐᒧᑦ ᓴᓇᙳᐊᒐᓄᓪᓗ ᐱᓇᓱᐊᕈᓯᖓᓄᑦ Tuktu and Friends series is expanded QIA provides $22,535 to support Nunavut Language and Arts Week ᕿᑭᖅᑕᓃᒃᑯᑦ ᑐᓂᓯᔪᑦ $250,000ᓂ ᐅᖃᓕᒫᕐᓂ ᐊᒻᒪ ᐅᖃᓕᒫᒐᓕᐅᖅᑎᑦᑎᓂᕐᒥᓗ ᕿᑭᖅᑕᓃᒃᑯᑦ ᑮᓇᐅᔭᖃᖅᑎᑦᑎᔪᖅ $20,000ᓂ ᐃᓄᒃᑐᑦ ᐅᖃᐅᓯᖓᑕ ᑕᖅᑭᖓᓄᑦ QIA allocates $250,000 towards story book expansion and development project QIA provides $20,000 in support of Inuktut Language Month

28 ᐸᐃᕆᕕᓐᓄᑦ ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ DAYCARE RESOURCES ᐃᑲᔫᓯᐊᒃᓴᓂᑦ ᑮᓇᐅᔭᓂᑦ ᐅᖃᓕᒫᒐᓕᐅᖅᑎᑦᑎᓂᖅ ᑮᓇᐅᔭᖃᖅᑎᑕᐅᓪᓗᓂ ᐃᑲᔫᓯᐊᒃᓴᓂᑦ ᑮᓇᐅᔭᓂᑦ ᑖᓐᓇ ᐅᖃᓕᒫᒐᓕᐊᖅ ᑐᒃᑐᓗ ᐱᖃᑎᖏᓪᓗ ᓴᓇᔭᐅᓚᐅᖅᑐᑦ ᒥ. ᑖᓐᓇ ᐅᖃᓕᒫᒐᖅ, ᑐᒃᑑᑉ ᐃᖏᕐᕋᓂᖓ, ᐃᓚᒋᓪᓗᒋᑦ ᑕᓪᓕᒪᓂᒃ ᐊᒡᒐᒧᑦ ᐊᐅᓚᑕᒐᓂ ᑐᓂᐅᖅᑲᖅᑕᐅᓚᐅᖅᑐᑦ ᓱᕈᓯᓛᓂ ᐃᓕᓐᓂᐊᖅᑎᑦᑎᖃᑦᑕᖅᑐᓂᒃ ᐊᒻᒪ ᐸᐃᕆᕕᓕᒫᓄᑦ ᓄᓇᕗᒥ ᒥ, ᑐᙵᓱᒃᑎᑦᑎᓪᓗᑎᒃ ᓱᕈᓯᓛᓕᕆᓂᕐᒧᑦ ᐱᓕᕆᕕᖓ, ᕿᑭᖅᑕᓃᒃᑯᑦ ᒪᕐᕉᓂ ᐊᕐᕌᒍᓄᑦ ᐅᖃᓕᒫᒐᓕᐅᖅᑎᑦᑎᓚᐅᖅᑐᑦ. ᐱᓕᕆᐊᕐᒥᑦ ᐅᖃᓕᒫᒐᓕᐅᒃᑲᓐᓂᕐᓂᐊᖅᑐᑦ 16ᓂ ᓄᑖᓂᒃ ᓱᕈᓯᓛᓄᑦ ᑐᕌᒐᔪᓄᑦ ᐊᒻᒪ ᐸᐃᕆᕕᖕᓄᑦ ᑐᓂᔭᐅᔪᒫᖅᑐᓄᑦ ᐊᕐᕌᒍᓂ ᒪᕐᕉᖑᓂᐊᖅᑐᓄᑦ. ᕿᑭᖅᑕᓃᒃᑯᑦ ᐃᑲᔪᓚᐅᖅᑐᑦ ᐃᓐᕼᐋᐱᑦ ᒦᑎᐊᒃᑯᓐᓂᑦ ᐊᒻᒪ ᐃᓐᕼᐋᐱ ᐃᓕᓐᓂᐊᕐᓂᓕᕆᓂᒃᑯᑦ, ᐅᖃᓕᒫᒐᓕᐅᕐᓂᖅᑐᑦ: ᐃᓚᔭᐅᒃᑲᓐᓂᕐᓗᓂ ᑐᒃᑐᓗ ᐱᖃᑎᖏᓪᓗ ᓯᑕᒪᐅᓕᖓᓂᐊᖅᑐᓂᒃ ᐅᖃᓕᒫᒐᓕᐅᕐᓗᑎᒃ 12ᓂ ᓄᑖᓂ ᐅᖃᓕᒫᒐᓂ ᓴᓇᔭᐅᓗᑎᒃ ᐃᓄᖕᓂᑦ ᐅᖃᓕᒫᒐᓕᐅᖅᑎᙳᖅᐸᓪᓕᐊᔪᑦ ᓇᖕᒥᓂᖅ ᐅᖃᐅᓯᖃᕐᓗᑎᒃ ᐅᓂᒃᑳᕐᓗᑎ ᓄᓇᓕᖓᑕ ᒥᒃᓵᓄᑦ STORY BOOK PROJECT Through the Benefits Fund program the Tuktu and Friends series was developed in The story book, Tuktu s Journey, along with five accompanying hand puppets, were distributed to all Early Learning and Child Care (ELCC) programs in Nunavut. In , at the invitation of the Government of Nunavut s Deparment of Education ELCC Division, QIA embarked on an ambitious two-year story book development project. Under this project, QIA will develop up to 16 new books for children and daycares over the next two fiscal years. QIA, supported by Inhabit Media and Inhabit Education, will: Expand the number of Tuktu and Friends resources available with four new titles Develop up to 12 story books by new and emerging Inuit authors sharing their own stories about their community

29 ᐸᐃᕆᕕᓐᓄᑦ ᐱᓇᓱᐊᕈᑎᔅᓴᑦ Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 29 ᐅᖃᓕᒫᒐᓕᐅᖅᑎᑦ ᑲᑎᓐᓂᖓ ᐊᒻᒪ ᑕᕐᕆᔭᒐᒃᓴᐃᑦ ᓴᖅᑭᔮᕐᓂᖏᑦ AUTHOR S EVENT AND FILM FESTIVAL DAYCARE RESOURCES ᒥ, ᕿᑭᖅᑕᓃᒃᑯᑦ ᑐᓂᓯᓚᐅᖅᑐᑦ $20,000ᓂ ᐊᑐᖅᑕᐅᓂᐊᖅᑐᓄᑦ ᐃᓄᒃᑎᑐᑦ ᐅᖃᐅᓯᖓᑕ ᑕᖅᑭᖓᓄᑦ. ᐊᕐᕌᒍᓂ ᖄᖏᖅᓯᒪᔪᓂᒃ, ᕿᑭᖅᑕᓃᒃᑯᑦ ᑲᑐᔾᔨᖃᑎᖃᖃᑦᑕᖅᓯᒪᔪᑦ ᐃᓐᕼᐋᐱᑦ ᒦᑎᐊᒃᑯᓐᓂ ᐊᒻᒪ ᐃᓐᕼᐋᐱᑦ ᐃᓕᓐᓂᐊᕐᓂᓕᕆᔨᒃᑯᑦ ᓵᖅᑭᔮᖅᑎᑦᑎᓪᓗᑎᒃ ᐊᕐᕌᒍᑕᒫᖅ ᐅᖃᓕᒫᒐᓕᐅᖅᑎᑦ ᑲᑎᓐᓂᖓᓂᒃ ᐃᖃᓗᓐᓂ. ᓄᕙᓐᓇᕐᔪᐊᖅ-19 ᐱᔾᔪᑎᒋᓪᓗᒍ, ᑖᒃᑯᐊ ᑲᑐᔾᔨᖃᑎᒌᒃᑐᑦ ᓴᖅᑭᔮᖅᑎᑦᑎᖔᓚᐅᖅᑐᑦ ᖃᕆᓴᐅᔭᒃᑯᑦ ᓴᖅᑭᔮᖅᑎᑦᑎᒍᒪᓪᓗᑎᒃ ᐃᓄᖕᓂ ᐅᑭᐅᖅᑕᖅᑐᒥᐅᑕᕐᓂᓗ ᐅᖃᓕᒫᒐᓕᐅᖅᑎᓂᒃ ᐊᒻᒪ ᐅᖃᓕᒫᒐᓕᐊᖏᓐᓂᓗ. ᑖᓐᓇ ᖃᓄᐃᓕᐅᕐᓂᐅᔪᖅ ᓴᖅᑭᔮᖅᑎᑕᐅᓚᐅᖅᑐᖅ ᑕᑯTVᑯᑦ, ᐊᒻᒪᓗ ᐅᖃᓕᒫᒐᓕᐅᖅᑎᑦ ᐃᓚᒋᔭᐅᓚᐅᖅᑐᑦ ᓈᓐᓯ ᒪᐃᒃ, ᒪᐃᑲ ᕼᐋᐳ, ᔨᓂᕗ ᕕᐅᓪᒪᓐ, ᔪᐊᑕᓐ ᖃᔮᖅ, ᐊᒻᒪᓗ ᔩᓚ ᐸᓪᓗᖅ ᒃᓘᑦᑎᐋ. In , QIA provided $20,000 in support of Inuktut Language Month. For the past several years, QIA has partnered with Inhabit Media and Inhabit Education to host an annual author event in Iqaluit. Due to COVID-19 restrictions, the partners hosted a series of virtual events to showcase Inuit and Northern authors with their books. The events were live-streamed on TakuTV, and featured authors such as Nancy Mike, Maika Harper, Sarabeth Holden, Kevin and Mary Qamaniq Mason, Deborah Kigjugalik Webster, Jennifer Wilman, Jordan Kyak, and Jeela Palluq-Cloutier.

30 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᑮᓇᐅᔭᑦ OPPORTUNITIES FUND ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᑮᓇᐅᔭᑦ OPPORTUNITIES FUND ᑖᒃᑯᐊ ᐱᕕᒃᓴᓄᑦ ᑮᓇᐅᔭᐃᑦ ᐱᕕᖃᖅᑎᑦᑎᕙᑦ ᕿᑭᖅᑕᓃᒃᑯᓐᓂ ᐃᑲᔪᕈᓐᓇᕐᓗᑎᒃ ᐱᒋᐊᕈᑎᒋᔭᐅᓯᒪᔪᓂᒃ ᓯᓚᑖᓃᑦᑐᓄᑦ ᐃᑲᔫᓯᐊᒃᓴᓂ ᑮᓇᐅᔭᓂᑦ. ᐊᕐᕌᒍᑕᒫᑦ, 10%ᓗᐊᓂᒃ ᑮᓇᐅᔭᓂᒃ ᐊᑐᐃᓐᓇᐅᕙᒃᑐᑦ ᐃᑲᔫᓯᐊᒃᓴᓂ ᑮᓇᐅᔭᓂᑦ ᓴᓂᕐᕙᖅᑕᐅᕙᒃᖢᑎᒃ ᐱᕕᒃᓴᓄᑦ ᑮᓇᐅᔭᓅᕐᓂᐊᖅᑐᓄᑦ ᒥᓗ ᐊᕐᕌᒍᒥ, ᑮᓇᐅᔭᖅᑕᖃᓚᐅᖅᑐᖅ $180,000ᓂ ᐱᕕᒃᓴᓄᑦ ᑮᓇᐅᔭᓂᑦ ᐱᓕᕆᐊᒃᓴᓄᑦ ᒥ, ᕿᑭᖅᑕᓃᒃᑯᑦ ᐊᖏᓚᐅᖅᑐᑦ ᒪᕐᕉᓂᒃ ᐱᓕᕆᐊᒃᓴᓂ ᐱᕕᓴᓂ ᑮᓇᐅᔭᓂᑦ: ᑕᑯTV (ᑕᕐᕆᔭᒃᓴᖃᖅᑎᑦᑎᔨᑦ) ᖃᕆᓴᐅᔭᒃᑰᖅᑐᒥᒃ ᐃᓄᒃᑎᑑᖅᖢᓂ ᓱᕈᓯᓛᓄᑦ ᑕᕐᕆᔭᒐᒃᓴᐅᓪᓗᑎᒃ ᐊᒻᒪᓗ YWCA ᐊᒡᕕᒃᑯᓐᓂᓗ ᓂᐅᕕᕐᓂᐊᕐᒪᑕ ᐃᒡᓗᕐᔪᐊᕐᒥ ᐃᖃᓗᓐᓂ. The Opportunities Fund allows QIA to support initiatives outside the set Benefits Fund programs. Each year, up to ten per cent of the money available in the Benefits Fund is set aside for the Opportunities Fund. In the fiscal year, there was $180,000 available for Opportunities Fund projects. In , QIA approved two projects under the Opportunities Fund: Taku.TV, an online Inuktitut children s video channel, and the YWCA Agvik s purchase of a residential building in Iqaluit.

31 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 31 ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᑮᓇᐅᔭᑦ ᕿᑭᖅᑕᓃᒃᑯᑦ ᐊᖏᖅᑐᑦ ᑮᓇᐅᔭᖃᖅᑎᑦᑎᓂᐊᕐᓗᑎᒃ $100,000ᓂ ᐃᑲᔫᑕᐅᓂᐊᕐᓗᑎᒃ ᓄᑖᒧᑦ ᐊᖏᕐᕋᖃᙱᑦᑐᒃᑯᕕᖕᒧᑦ ᐅᖂᑕᖅ ᑲᑐᔾᔨᖃᑎᒌᒃᑯᓐᓄᑦ ᐃᖃᓗᓐᓂ QIA approves $100,000 to assist in the capital purchase of a new shelter for the Uquutuq Society in Iqaluit ᕿᑭᖅᑕᓃᒃᑯᑦ ᖄᖓᒍᑦ ᑐᓂᓯᒃᑲᓐᓂᖅᑐᑦ ᑮᓇᐅᔭᓂᒃ $100,000ᓂ ᐅᖂᑕᖅ ᑲᑐᔾᔨᖃᑎᒌᖏᓐᓄᑦ ᓄᑖᖑᓂᐊᖅᑐᒧᑦ ᐊᖑᑎᓄᑦ ᐊᖏᕐᕋᖃᙱᑦᑐᒃᑯᕕᖓᓄᑦ ᐊᒻᒪ ᐊᖏᕐᕋᒃᓴᓄᓪᓗ ᐃᖃᓗᓐᓂ QIA provides and additional $100,00 to Uquutaq Society to develop a new men s shelter and transitional housing project in Iqaluit ᕿᑭᖅᑕᓃᒃᑯᑦ ᑐᓂᓯᔪᑦ ᑮᓇᐅᔭᓂᒃ $140,000 ᐊᑯᓪᓕᕐᒥᐅᑦ ᑮᓇᐅᔭᓕᐅᖅᑎᐅᙱᑦᑐᓄᑦ ᐃᓪᓗᓕᕆᓂᕐᒧᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᓐᓄᑦ ᐃᑲᔫᑕᐅᓂᐊᖅᑐᓂᒃ ᐃᒡᓗᓕᐅᕐᓂᕐᒥᒃ 18ᓂ ᑮᓇᐅᔾᔭᒃᓴᙱᑦᑐᓄᑦ ᐊᑭᑭᑦᑐᓂᒃ ᐃᓪᓗᒃᓴᓂ ᐃᖃᓗᓐᓂ QIA provides $140,000 to Akulirmiut Non-Profit Housing Society to support building 18 non-profit affordable rental housing units in Iqaluit ᕿᑭᖅᑕᓃᒃᑯᑦ ᑐᓂᓯᔪᑦ ᑮᓇᐅᔭᓂᒃ $180,000 ᐃᑲᔪᕐᓂᐊᖅᑐᓂᒃ ᒪᕐᕉᓂ ᐱᓕᕆᐊᒃᓴᓄᑦ: $95,000 YWCA ᐊᒡᕕᒃᑯᑦ ᐊᑭᑐᔫᑎᒥᒃ ᓂᐅᕕᕐᓂᖏᓐᓄᑦ ᐊᒻᒪᓗ $85,000 ᑕᖅᑯᒃᑯᓐᓄᑦ ᖃᕆᓴᐅᔭᒃᑯᑦ ᐃᓄᒃᑎᑑᖅᖢᓂ ᓱᕈᓯᕐᓄᑦ ᑕᕐᕆᔭᒐᒃᓴᓕᕆᔨᖏᑦ QIA provides $180,000 to support two projects: $95,000 towards the YWCA Agvik s capital shelter purchase and $85,000 to Taqqut Production s online Inuktitut children s channel OPPORTUNITIES FUND

32 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᑮᓇᐅᔭᑦ OPPORTUNITIES FUND YWCA ᐊᒡᕕᒃ: ᐊᑭᑐᔫᑎᒥᒃ ᓂᐅᕕᕐᓂᖅ - $95,000 ᒪᐃ 2020ᒥ, YWCA ᐊᒡᕕᒃ ᑐᒃᓯᕋᐅᑎᓕᐅᓚᐅᖅᓯᒪᖕᒪᑕ ᐱᕕᒃᓴᓄᑦ ᑮᓇᐅᔭᓄᑦ, ᑐᒃᓯᕋᖅᖢᑎᒃ ᑮᓇᐅᔭᓂᒃ $95,000ᓂ ᓂᐅᕕᕈᑎᒋᔭᐅᓂᐊᖅᖢᑎᒃ ᐃᒡᓗᒥᒃ ᐃᖃᓗᓐᓂ ᐅᐃᒍᒋᐊᕈᑕᐅᓇᔭᖅᑐᓄᑦ ᐃᖃᓗᓐᓂ ᓯᓂᒃᑕᕆᐊᕐᕕᐅᓲᒥᒃ ᐊᖏᕐᕋᖃᙱᑦᑐᓄᑦ. ᑐᒃᓯᕋᐅᑎ ᕿᒥᕐᕈᔭᐅᓪᓗᓂ ᐃᑲᔪᓯᐊᒃᓴᓄᑦ ᑮᓇᐅᔭᓄᑦ ᑲᑎᒪᔨᕋᓛᓄᑦ ᔪᓚᐃ 2020ᒥ ᐊᒻᒪ ᐊᖏᖅᑕᐅᓪᓗᓂ ᕿᑭᖅᑕᓃᒃᑯᑦ ᓯᕗᓕᖅᑏᑦ ᑲᑎᒪᔨᓄᑦ ᓯᑎᐱᕆᒥ ᑲᑎᒪᑎᓪᓗᒋᑦ. ᕿᑭᖅᑕᓂᒃᑯᑦ ᖁᕕᐊᓱᒃᑐᑦ ᐃᑲᔪᖅᑐᐃᔪᓐᓇᕐᒪᑕ ᒪᒃᑯᑐᓄᑦ ᐊᕐᓇᓄᑦ ᐃᑲᔪᖅᑏᑦ ᐱᓕᕆᔪᒪᔭᖓᓄᑦ. ᑕᒪᓐᓇ ᐊᑭᑭᓐᓂᖅᓴᐅᔪᒥᒃ ᐃᖃᓗᖕᓂ ᐃᒡᓗᖃᕈᓐᓇᕐᓂᖅ ᐊᕐᓇᓄᑦ ᕿᑐᕐᖓᓕᒃᓄᑦ ᑐᕌᖓᔪᖅ. YWCA ᐊᒡᕕᒃᑯᑦ ᐊᐅᓚᑦᑎᔪᑦ ᐊᕐᓇᓄᑦ ᕿᒫᕕᖕᒥ ᐊᒻᒪᓗ ᐃᒡᓗᓂ ᐃᖃᓗᓐᓂ. ᑖᓐᓇ ᕿᒫᕕᒃ ᐃᓂᖃᖅᑎᑦᑎᑲᐃᓐᓇᖃᑦᑕᖅᑐᑦ ᐊᕐᓇᓄᑦ ᕿᑐᕐᖓᓕᖕᓂᑦ ᕿᒫᔪᓂᒃ. ᑖᓐᓇᓕ ᐃᒡᓗ ᐃᓗᖃᖅᑎᑦᑎᔪᖅ ᐊᕐᓇᓄᑦ ᕿᑐᕐᖓᕆᔭᐅᔪᓂᓗ ᐅᑕᖅᑭᔪᓄᑦ ᐃᒡᓗᒃᓴᓂᒃ. YWCA AGVIK: CAPITAL PURCHASE - $95,000 In May 2020, YWCA Agvik submitted a proposal to the Opportunities Fund, requesting a contribution of $95,000 to support the acquisition of a residential building in Iqaluit to expand shelter options for clients. The proposal was reviewed by the Benefits Fund Committee in July 2020 and approved by QIA Executive Committee in September. QIA is pleased to be able to support YWCA in this important endeavor. This project represents the first affordable housing opportunity for woman and their children in Iqaluit. YWCA Agvik runs a women s shelter and a transition house in Iqaluit. The shelter provides temporary emergency shelter for women and children fleeing violence and abuse. The transition house provides temporary housing for women and children waiting for permanent accommodations.

33 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 33 ᐱᓇᓱᐊᕈᑎᔅᓴᑦ ᑮᓇᐅᔭᑦ OPPORTUNITIES FUND ᑕᖅᑯᑦ ᑕᕐᕆᔭᒃᓴᓕᕆᔨᑦ: ᑕᑯTV - $85,000 ᒫᑦᓯ 2020ᒥ, ᑕᖅᑯᑦ ᑕᕐᕆᔭᒃᓴᓕᕆᔨᖏᑦ ᑐᓂᓯᓚᐅᕐᒪᑕ ᑐᒃᓯᕋᐅᑎᒥᒃ ᐱᕕᒃᓴᓂᑦ ᑮᓇᐅᔭᓂᒃ ᑐᒃᓯᕋᖅᖢᑎᒃ ᓴᖅᑭᑎᑦᑎᔪᒪᓪᓗᑎᒃ ᖃᕆᓴᐅᔭᒃᑯᑦ ᓱᕈᓯᕐᓄᑦ ᑕᕐᕆᔭᒐᒃᓴᐅᔪᓂᒃ ᓄᓇᕗᒥ. ᑐᒃᓯᕋᐅᑎ ᕿᒥᕐᕈᔭᐅᓚᐅᖅᑐᖅ ᐃᑲᔫᓯᐊᒃᓴᓄᑦ ᑮᓇᐅᔭᓂᒃ ᑲᑎᒪᔨᕋᓛᖏᓐᓄᑦ ᐊᒻᒪ ᐊᖏᖅᑕᐅᓪᓗᑎᒃ ᕿᑭᖅᑕᓃᒃᑯᑦ ᓯᕗᓕᖅᑏᑦ ᑲᑎᒪᔨᓄᑦ. ᑕᑯTV ᖃᕆᓴᐅᔭᒃᑰᖅᑐᖅ ᑕᕐᕆᔭᒐᒃᓴᖃᖅᑎᑦᑎᓪᓗᑎᒃ ᐊᒻᒪᓗ ᐊᒃᑐᐊᖓᓪᓗᓂ ᐅᖄᓚᐅᑎᕋᓛᒃᑯᑦ ᐃᓕᐅᖅᑲᖅᑕᐅᔪᓐᓇᖅᑐᒥᒃ ᐱᐅᔫᓪᓗᓂ ᐃᓄᒃᑎᑑᖅᓯᒪᓪᓗᓂ ᑐᕌᖓᔪᒥᒃ ᓱᕈᓯᕐᓄᑦ ᐃᓅᓱᒃᑐᓄᓪᓗ. ᑕᑯ TV ᓴᖅᑭᓚᐅᖅᑐᖅ ᓄᕙᓐᓇᕐᔪᐊᖅ-19 ᐊᑐᖅᑎᓪᓗᒍ ᐊᒻᒪᓗ ᑲᔪᓯᑦᑎᐊᓚᐅᖅᖢᑎᒃ ᓴᖅᑭᔮᖅᑎᑦᑎᓂᖏᓐᓄᑦ, ᓱᕐᓗ ᐊᕐᕌᒍᑕᒫᕐᒥᒃ ᐃᓄᐃᑦ ᐅᖃᓕᒫᒐᓕᐅᖅᑎᒃ ᖃᓄᐃᓕᐅᖅᑎᑕᐅᓪᓗᑎᒃ ᐊᒻᒪᓗ ᐃᓄᒃᑎᑐᑦ ᓱᕈᓯᓛᓄᑦ ᑐᕌᖓᔪᓂᒃ ᑕᕐᕆᔭᒐᒃᓴᓂᒃ. ᕕᕝᕗᐊᓕ 2021ᒥ, ᑕᑯTV ᖃᕆᓴᐅᔭᒃᑯᑦ ᓴᖅᑭᔮᖅᑎᑦᑎᓚᐅᖅᑐᑦ ᖁᕕᐊᓲᑎᖃᖅᖢᑎᒃ ᐃᓄᒃᑎᑐᑦ ᐅᖃᐅᓯᖓᑕ ᑕᖅᑭᖓᓂᒃ. ᑕᒪᒃᑯᐊ ᖃᓄᐃᓕᐅᕐᓂᐅᔪᑦ ᐊᒥᓱᓄᑦ ᑕᐅᑐᒃᑕᐅᓚᐅᖅᑐᑦ,100ᕈᔪᖕᓄᑦ ᑕᕐᕆᔭᖅᑕᐅᓪᓗᑎᒃ. TAQQUT PRODUCTIONS: TAKU.TV - $85,000 In March 2020, Taqqut Productions submitted a proposal to the Opportunities Fund to develop an online channel to distribute Inuktitut children s video content across Nunavut. The proposal was reviewed by the Benefits Fund Committee and approved by QIA Executive Committee. Taku.TV is an online streaming service and associated mobile apps dedicated to providing high quality Inuktitut content for children and youth. Taku.TV was launched during the COVID-19 pandemic and successfully broadcasted live events, such as the annual Inuit Authors Event and the Inuktitut Children s Film Festival. In February 2021, Taku.TV live-streamed story times to celebrate Inuktut Language Month. These events had an excellent reception, with hundreds of views.

34 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ

35 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT ᑮᓇᐅᔭᓕᕆᔾ- ᔪᑎᒥᓂᕐᓂᑦ ᐅᓂᒃᑳᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᓂᑦ ᑮᓇᐅᔭᓕᕆᔾᔪᑎᒥᓃᑦ ᐅᓂᒃᑳᑦ ᑎᑎᕋᖅᑕᐅᓯᒪᔪᑦ ᑖᒃᑯᓇᒥᑦ CIBC ᕗᑦ ᒐᓐᑎᑯᓐᓂᑦ, ᕉᓗ ᐱᕈᕐᐸᓪᓕᐊᑎᑦᑎᓂᕐᒧᑦ ᑲᑐᔾᔨᖃᑎᒌᓂᑦ. CIBC ᕗᑦ ᒐᓐᑎ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᖏᑦ ᕿᑭᖅᑕᓂᒃᑯᑦ ᑐᖅᑯᐸᓪᓕᐊᔭᖏᓐᓂ ᑮᓇᐅᔭᓂᑦ ᐱᔾᔪᑎᓖᑦ ᕿᑭᖅᑕᓂᒃᑯᑦ ᑐᖅᑯᐸᓪᓕᐊᔭᖏᓐᓂᒃ ᑮᓇᐅᔭᓂᑦ ᐱᕈᕐᐸᓪᓕᐊᑎᑕᖏᓐᓂᒃ ᒫᑦᓯ 31, 2021ᒥ ᐱᒋᐊᕐᓯᒪᓪᓗᑎᒃ, ᑎᑎᕋᖅᑕᐅᓯᒪᔪᑦ ᒪᓕᑦᑐᒋᑦ ᕿᑭᖅᑕᓂᒃᑯᑦ ᑐᖅᑯᐸᓪᓕᐊᔭᖏᓐᓄᑦ ᑮᓇᐅᔭᓄᑦ ᐊᐅᓚᓂᖏᓐᓂ ᐊᐅᓚᔾᔪᓯᕆᕙᑦᑕᖏᓐᓂ ᑎᑎᕋᖅᑕᐅᓂᑰᓪᓗᑎᒃ ᐅᓪᓗᖓᓂ ᒪᐃ 16, ᑖᒃᑯᐊ ᐱᔾᔪᑎᓖᑦ ᑎᑎᕋᖅᑕᐅᑲᓐᓂᕐᓯᒪᓂᖏᓐᓂᒃ ᑐᑭᓯᔾᔪᑎᔅᓴᐃᑦ ᐅᓂᒃᑳᖑᓯᒪᔪᑦ CIBC ᕗᑦ ᒐᓐᑎᒃᑯᑦ ᐊᕐᕌᒍᑕᒫᕐᓯᐅᒻᒥᑦ ᐅᓂᒃᑳᖏᓐᓂᒃ ᕿᑭᖅᑕᓂᒃᑯᒃ ᑐᖅᑯᕐᓯᒪᔭᖏᓐᓄᑦ ᑮᓇᐅᔭᓄᑦ LEGACY FUND FINANCIAL REPORT The Legacy Fund Financial Report was prepared by CIBC Wood Gundy, Rouleau Investment Group. The CIBC Wood Grundy Annual Report for the QIA Legacy Fund presents the QIA Legacy Fund investments as of March 31, 2021 and was prepared according to QIA s Legacy Fund Operational Procedures dated May 16, The following presents a reproduction of the information presented in the CIBC Wood Grundy Annual Report for the QIA Legacy Fund. ᕿᑭᖅᑕᓂᒃᑯᑦ ᑐᖅᑯᖅᐸᓪᓕᐊᔭᖏᑦ ᑮᓇᐅᔭᓄᑦ ᐊᑑᑎᖃᕐᓂᕆᓂᐊᖅᑕᖏᓐᓄᑦ ᐱᔾᔪᑎᖏᑦ ᐱᔾᔪᑎᖏᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓄᑦ ᑮᓇᐅᔭᓄᑦ ᕿᑭᖅᑕᓂᒃᑯᓐᓂᑦ ᐅᑯᐊᖑᕗᑦ: ᐋᖅᑭᐅᒪᑎᑦᑎᓂᖅ ᐊᑭᑐᔫᑎᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᓂᑦ ᕿᑭᖅᑕᓂᒃᑯᓐᓄᑦ ᑲᒪᒋᔭᖃᖅᑐᑎᒃ ᐋᖅᑭᐅᒪᑎᑦᑎᓂᕐᒥᒃ ᓇᓗᓇᙱᑦᑐᒥᒃ ᐃᓅᓯᕐᒧᑦ ᐊᒻᒪᓗ ᖃᐅᔨᒪᔭᖏᑎᒍᑦ ᑐᙵᕕᖏᓐᓄᑦ ᐃᓄᐃᑦ ᑎᑭᐅᑎᓗᑎᒃ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᑦ ᐊᑭᑐᔫᑎᓄᑦ ᑐᕌᒐᖏᓐᓄᑦ ᑕᐃᒫᒃ ᓇᓗᓇᐃᖅᑕᐅᓯᒪᒻᒪᑦ ᕿᑭᖅᑕᓂᒃᑯᑦ ᑮᓇᐅᔭᓄᑦ ᐃᓯᕐᐸᑦᑐᓄᑦ ᐊᑐᐊᒐᖏᓐᓂ ᐊᑭᓕᕐᓯᒪᓗᒋᑦ ᐊᕐᕌᒍᓕᒫᖅ ᐊᐅᓚᓂᕐᒧᑦ ᐊᑭᓕᐅᑕᐅᔭᕆᐊᖃᕐᐸᑦᑐᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᓂᑦ ᕿᑭᖅᑕᓂᒃᑯᓐᓄᑦ QIA LEGACY FUND S QUALITATIVE OBJECTIVE The qualitative objectives of the Legacy Fund for QIA are to: Preserve the capital of the Legacy Fund for QIA with care taken to uphold the distinct social and ethical principles of Inuit people Attain the Legacy Capital Objective as defined in the QIA Revenue Policy Cover the annual operating costs of the Legacy Fund for QIA ᕿᑭᖅᑕᓂᒃᑯᑦ ᑐᖅᑯᕐᐸᓪᓕᐊᔭᖏᓐᓂ ᑮᓇᐅᔭᓂᑦ ᐅᑎᖅᑐᔅᓴᓄᑦ ᐱᔾᔪᑎᖏᑦ ᐊᕐᕌᒍᑕᒫᑦ ᐅᑎᕐᕕᐅᖃᑦᑕᖁᓪᓗᒋᑦ (ᐅᑎᖅᑐᔅᓴᑦ ᐃᓚᒋᔭᐅᓪᓗᑎᒃ ᐊᑭᑐᔫᑎᓂᑦ ᐊᑭᑦᑐᕆᐊᕐᓂᖏᑦ) 4%ᒥᒃ ᐊᑑᑎᓂᐊᕐᖓᑕ ᐃᑲᔫᓯᐊᔅᓴᑦ ᑐᕌᒐᖏᓐᓄᑦ ᑕᐃᒫᒃ ᓇᓗᓇᐃᖅ- ᑕᐅᓯᒪᒻᒪᑕ ᐃᓛᒃᑯᑦ 15ᒥ ᕿᑭᖅᑕᓂᒃᑯᑦ ᑮᓇᐅᔭᓄᑦ ᐃᓯᕐᐸᑦᑐᓄᑦ ᐊᑐᐊᒐᖏᓐᓂ. QIA LEGACY FUND S RETURN OBJECTIVE To obtain an annualized total return (yield plus capital appreciation) of four per cent to meet the Benefits Fund Target as described in Article 15 of the QIA Revenue Policy.

36 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᑲᑎᑦᑐᒋᑦ ᓂᐅᕐᕈᑎᖃᕐᕕᒻᒥ ᐊᑭᖏᑦ TOTAL MARKET VALUE ᑲᑎᑦᑐᒋᑦ ᓂᐅᕐᕈᑎᖃᕐᕕᒻᒥ ᐊᑭᖓ ᕿᑭᖅᑕᓂᒃᑯᑦ ᑐᖅᑯᕐᓯᒪᔭᖏᓐᓄᑦ ᑮᓇᐅᔭᓄᑦ TOTAL MARKET VALUE FOR QIA LEGACY FUND ᐄᐳᓗ 1, 2020 ᒫᑦᓯ 31, 2021 April 1, 2020 March 31, 2021 ᐱᕈᕐᐸᓪᓕᐊᑎᑕᐅᔪᑦ ᐊᑭᖏᑦ ᕿᑭᖅᑕᓂᒃᑯᓐᓂ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᓂᑦ: ᐄᐳᓗ 1, 2020 Portfolio Value for QIA Legacy Fund: April 1, 2020 ᐸᕕᓐᓛᓐᑯᑦ ᓂᖏᖅᑕᖏᑦ ᓯᑎᐱᕆ 9, 2020 Baffinland Royalty September 9, 2020 ᓄᓇᕗᒥ ᑮᓇᐅᔭᐃᑦ ᐃᓯᖅᑐᓄᑦ ᐱᕙᓪᓕᐊᔾᔪᑎᒋᔭᐅᔪᓂᑦ (ᓄᓇᕗᑦ ᑐᙵᕕᒃ ᑎᒥᖓ) ᓄᕕᐱᕆ 6, 2020 Nunavut Resource Revenue (NTI) November 6, 2020 ᐸᕕᓐᓛᓐᑯᑦ ᓂᖏᖅᑕᖏᑦ ᓄᕕᐱᕆ 6, 2020 Baffinland Royalty November 6, 2020 ᐸᕕᓐᓛᓐᑯᑦ ᓂᖏᖅᑕᖏᑦ ᕖᕝᕗᐊᕆ 8, 2021 Baffinland Royalty February 8, 2021 ᐲᖅᑕᐅᔪᑦ ᕿᑭᖅᑕᓂᒃᑯᑦ ᐃᑲᔫᓯᐊᔅᓴᓄᑦ ᑮᓇᐅᔭᖏᓐᓄᑦ ᑐᕌᖅᑐᑎᒃ ᓯᑎᐱᕆ 18, 2020 Withdraw to QIA Benefits Fund September 18, 2020 ᐊᑭᑦᑐᕋᐅᑎᕙᑦᑐᑦ ᐊᑭᖏᑎᒍᑦ ᕿᑭᖅᑕᓃᒃᑯᓄᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᑦ ᑮᓇᐅᔭᑦ ᐊᑭᓪᓗᐊᖏᑦ: ᒫᑦᓯ 31, 2021 Portfolio Value for QIA Legacy Fund: March 31, 2021 $61,657,758 $3,141,846 $1,339,700 $2,161,581 $2,861,819 ($-1,786,347) $81,225,249 ᐊᕐᕌᒍᑕᒫᑦ ᑮᓇᐅᔭᓕᐊᖏᑦ ᐊᒥᓱᕈᕐᐸᓪᓕᐊᓂᖏᓪᓗ ᕿᑭᖅᑕᓂᒃᑯᑦ ᑐᖅᑯᕐᓯᒪᔭᖏᑦ ᑮᓇᐅᔭᑦ ANNUAL INCOME AND GROWTH FOR QIA LEGACY FUND ᐄᐳᓗ 1, 2020 ᒫᑦᓯ 31, 2021 April 1, 2020 March 31, 2021 ᑲᑎᑦᑐᒋᑦ ᑮᓇᐅᔭᓕᐊᖑᓯᒪᔪᑦ ᐊᒻᒪᓗ ᐱᙳᖅᑎᑕᐅᓯᒪᔪᑦ ᐊᑭᑐᔫᑏᑦ ᖃᑭᒍᑕᐅᓯᒪᔪᑦ (ᐲᕐᓯᕕᐅᓚᐅᖅᑎᓪᓗᒋᑦ ᐊᐅᓚᑦᑎᔾᔪᑎᓄᑦ ᐊᒻᒪᓗ ᐊᐅᓚᑦᑎᓂᕐᒧᑦ ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᓯᒪᔪᑦ) Total Income Received & Realized Capital Gains (Net of Administrative & Management Expenses) ᑲᑎᑦᑐᒋᑦ ᐱᙳᖅᑎᑕᐅᓯᒪᙱᑦᑐᑦ ᐊᑭᑐᔫᑎᓄᑦ ᖃᑭᒍᑕᐅᓯᒪᔪᑦ Total Unrealized Capital Gains ᑲᑎᑦᑐᒋᑦ ᐊᕐᕌᒍᓕᒫᖅ ᑮᓇᐅᔭᓕᐊᖑᓯᒪᔪᑦ ᐊᒥᓱᕈᕐᓯᒪᓂᖏᓪᓗ (ᐲᕐᓯᕕᐅᓚᐅᖅᑎᓪᓗᒋᑦ ᐊᐅᓚᑦᑎᔾᔪᑎᓄᑦ ᐊᒻᒪᓗ ᐊᐅᓚᑦᑎᓂᕐᒧᑦ ᐊᑭᓕᕐᓱᐃᔾᔪᑕᐅᓯᒪᔪᑦ) Total Annual Income & Growth (Net of Administrative & Management Expenses) $2,560,741 $9,288,151 $11,848,892

37 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 37 ᖁᕝᕙᓯᓐᓂᕐᐹᖏᓐᓃᑦᑐᑦ 10 ᑎᒍᒥᐊᖅᑕᐅᔪᑦ ᕿᑭᖅᑕᓂᒃᑯᑦ ᑐᖅᑯᕐᓯᒪᔭᖏᓐᓂ ᑮᓇᐅᔭᓂᑦ ᒫᑦᓯ 31, 2021 TOP 10 HOLDINGS FOR QIA LEGACY FUND AT MARCH 31, 2021 ᖃᓄᐃᓕᖓᓂᖏᑦ Description ᐊᒥᓲᓂᖏᑦ ᐳᓴᓐᑎᑎᒍᑦ Weight PIMCO ᑕᖅᑭᑕᒫᑦ ᑮᓇᐅᔭᓕᐊᖏᓐᓂ ᑮᓇᐅᔭᑦ Pimco Monthly Income Fund ᕚᓐᒑᑦ ᓄᓇᕐᔪᐊᓕᒫᒥ ᐊᑭᖓ Vanguard Global Value Factor ᕕᑎᓕᑎ ᓄᓇᕐᔪᐊᓕᒫᒥ ᑮᓇᐅᔭᖁᑎᖏᑦ ᐃᓚᖃᖅᑐᑎᒃ ᑮᓇᐅᔭᓂᑦ ᐊᑐᖅᑐᐊᓂᕐᒧᑦ ᐸᐃᑉᐹᓂᑦ Fidelity Global Core Plus Bond ᕕᑎᓕᑎ ᓄᓇᕐᔪᐊᓕᒫᒥ ᐊᒥᓱᕈᕐᐸᓪᓕᐊᔪᑦ ᐊᒻᒪᓗ ᐊᑭᖏᑦ ᑮᓇᐅᔭᑦ Fidelity Global Growth & Value Fund ᐊᑭᑐᔫᑎᓄᑦ ᑲᑐᔾᔨᖃᑎᒌᑦ ᐊᑭᑐᔫᑎᓄᑦ ᑮᓇᐅᔭᓕᐅᕈᑏᑦ ᑮᓇᐅᔭᑦ Capital Group Capital Income Builder Fund ISHARES ᑮᓇᐅᔭᓕᕆᔾᔪᙱᓄᑦ ᐊᑭᑦᑐᓗᐊᖁᓇᒋᑦ ᓴᐳᑎᔭᐅᓯᒪᓪᓗᑎᒃ ᑮᓇᐅᔭᓂᑦ ᐊᑐᖅᑐᐊᓂᕐᒧᑦ ᐸᐃᑉᐹᑦ (ᑕᐅᕐᓰᕕᒃᑯᑦ ᑕᐅᕐᓯᐅᔾᔭᐅᓯᒪᔪᑦ ᑮᓇᐅᔭᑦ) ETF ISHARES Tips Bond (Exchange Traded Funds) ETF PIMCO ᐱᕈᕐᐸᓪᓕᐊᑎᑦᑎᓂᕐᒧᑦ ᑮᓇᐅᔭᓕᐅᕈᓐᓇᓂᕐᓴᐅᖁᓪᓗᒋᑦ ᐋᖅᑭᓯᒪᓂᖃᖅᑐᑎᒃ ᑮᓇᐅᔭᑦ PIMCO Investment Grade Credit Fund ᕚᓐᒑᑦ ᑲᓇᑕᒥᐅᑦ ᓯᕕᑐᔪᒨᖓᔪᒥᒃ ᑮᓇᐅᔭᓂᑦ ᐊᑐᖅᑐᐊᓂᕐᒧᑦ ᐸᐃᑉᐹᑦ Vanguard Canadian Aggregate Bond CI First Asset U.S. Trendleaders ᓇᓐᓂᑎᖏᑦ (ᑕᐅᕐᓰᕕᒃᑯᑦ ᑕᐅᕐᓯᐅᔾᔭᐅᓯᒪᔪᑦ ᑮᓇᐅᔭᑦ) ETF CI First Asset U.S. Trendleaders Index (Exchange Traded Funds) ETF ᐱᔾᔪᑎᖏᑦ ᖁᕝᕙᓯᑦᑐᑦ ᕿᑐᕐᖏᐅᕈᑎᖏᓐᓄᑦ ᓄᐊᓵᓄᑦ ᑮᓇᐅᔭᒃᑯᕕᒃ Purpose High Interest Savings Account Hᐊᕋᐃᓴᓐᑯᑦ ᕿᓚᒻᒥᐅᔪᒥᒃ ᐊᑐᖅᑐᒥᒃ ᐱᕈᕐᐸᓪᓕᐊᑎᑦᑎᓂᕐᒧᑦ ᑮᓇᐅᔭᓂᑦ ᐊᑐᖅᑐᐊᓂᕐᒧᑦ ᐸᐃᑉᐹᑦ ᑮᓇᐅᔭᑦ Horizons Active Ultra Short Term Invest Grade Bond Fund 6.6% 6.4% 6.3% 5.8% 5.4% 4.9% 4.8% 3.7% 3.5% 3.4% 3.2%

38 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᖃᓄᖅᑑᕈᑎᓂᑦ ᐱᖁᑎᓂᑦ ᐃᓕᓯᓂᖅ ᕿᑭᖅᑕᓂᒃᑯᑦ ᑐᖅᑯᕐᓯᒪᔭᖏᓐᓄᑦ ᑭᓇᐅᔭᓄᑦ ᒫᑦᓯ 31, 2021ᒥ TACTICAL ASSET ALLOCATION FOR QIA LEGACY FUND AT MARCH 31, % ᖃᓄᖅᑑᕈᑏᑦ ᐱᖁᑏᑦ ᐃᓕᓯᒪᔭᕗᑦ ᒫᑦᓯ 31, 2021ᒥ ᒪᓕᑦᑎᐊᔪᔪᑦ ᐱᕈᕐᐸᓪᓕᐊᑎᑦᑎᓂᕐᒧᑦ ᐊᑐᐊᒐᐃᑦ ᓇᓗᓇᐃᕐᓯᒪᓂᖏᓐᓂᒃ. ᓇᒻᒥᓂᖁᑎᖏᑦ ᐱᕙᓪᓕᐊᓯᒪᔪᓂᑦ ᓄᓇᕐᔪᐊᓕᒫᒥ DEVELOPED INTERNATIONAL EQUITIES 3% ᑮᓇᐅᔭᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᕈᖅᑎᑕᐅᔪᓐᓇᖅᑐᑦ CASH & EQUIVALENTS 52% ᕿᑭᖅᑕᓂᒃᑯᑦ ᑐᖅᑯᕐᓯᒪᔭᖏᓐᓂ ᑮᓇᐅᔭᓂᑦ ᐱᕈᕐᐸᓪᓕᐊᑎᑦᑎᓂᕐᒧᑦ ᐱᖁᑎᖏᑦ ᖃᓄᐃᑦᑐᑐᐃᓐᓇᐃᑦ ᒫᑦᓯ 31, 2021ᒥ ᐃᒪᐃᓕᖓᔪᔪᑦ: 18% ᑲᓇᑕᒥᐅᓂᑦ ᓄᓇᕐᔪᐊᕐᒥᓗ ᐋᖅᑭᓯᒪᔪᑦ ᑮᓇᐅᔭᓕᐊᖑᕙᑦᑐᑦ Our tactical asset allocation at March 31, 2021 was fully compliant with the Investment Policy Statement. ᒥᐊᓕᒐᑦ ᓇᒻᒥᓂᖁᑎᖏᑦ U.S. EQUITIES CANADIAN & GLOBAL FIXED INCOME The QIA Legacy Fund s investment asset mix at March 31, 2021 was as follows: 22% ᑲᓇᑕᒥ ᓇᒻᒥᓂᖁᑎᖏᑦ CANADIAN EQUITIES

39 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 39 ᖃᓄᐃᓕᖓᓂᖓᓂ ᐅᓂᒃᑳᖅᓯᒪᔪᑦ Description ᑮᓇᐅᔭᓪᓚᕇᑦ ᐊᒻᒪᓗ ᕿᓚᒻᒥᐅᔪᒧᑦ ᐋᖅᑭᓯᒪᓪᓗᑎᒃ ᐱᕈᕐᐸᓪᓕᐊᑎᑕᐅᔪᑦ ᑲᓇᑕᒥ ᒥᐊᓕᒐᕐᓂᓪᓗ Cash and Short-Term Investments ᓱᕐᕋᐸᙱᑦᑐᑦ ᑮᓇᐅᔭᓕᐊᑦ ᑲᓇᑕ/ᒥᐊᓕᒐᑦ/ ᐱᕙᓪᓕᐊᓯᒪᔪᑦ ᓄᓇᕐᔪᐊᓕᒫᒥ Fixed Income Canada / U.S./ Developed International ᓱᕐᕋᐸᙱᑦᑐᑦ ᑮᓇᐅᔭᓕᐊᑦ ᓴᖅᑭᐸᓪᓕᐊᔪᓂᑦ ᓂᐅᕐᕈᑎᖃᕐᕕᓐᓂᑦ Fixed Income Emerging Markets ᓱᕐᕋᐸᙱᑦᑐᑦ ᑮᓇᐅᔭᓕᐊᑦ ᖁᕝᕙᓯᑦᑐᑦ ᐅᕝᕙᓘᓐᓃᑦ ᓴᖑᑎᑕᐅᔪᓐᓇᖅᑐᑦ ᑮᓇᐅᔭᓂᑦ ᐊᑐᖅᑐᐊᓂᕐᒧᑦ ᐸᐃᑉᐹᑦ ᐊᒻᒪᓗ ᓇᓪᓕᐅᒃᑯᒫᖃᙱᑦᑐᑦ ᐊᑐᖅᑐᐊᓂᕐᒧᑦ ᓇᓗᓇᐃᒃᑯᑕᐃᑦ Fixed Income High Yield or Convertible Bonds and Debentures ᓇᒻᒥᓂᖁᑎᖏᑦ ᑲᓇᑕ Equities Canada ᓇᒻᒥᓂᖁᑎᖏᑦ ᒥᐊᓕᒐᑦ Equities United States ᓇᒻᒥᓂᖁᑎᖏᑦ ᐱᕙᓪᓕᐊᓯᒪᔪᓂᑦ ᓄᓇᕐᔪᐊᓕᒫᒥ Equities Developed International ᐊᓯᖏᑦ ᐱᖁᑏᑦ Other Assets ᐳᓴᓐᑎᖓ Percentage ᑲᑎᓕᒫᖅᑐᒋᑦ Total 100% 3% 51% 1% 0% 22% 18% 5% 0%

40 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᑖᒃᑯᐊ ᑐᑭᓯᑎᑦᑎᒋᐊᕈᑏᑦ ᐊᑖᓃᑦᑐᑦ ᑕᑯᑎᑦᑎᔪᑦ ᐊᑐᖅᑎᑕᔅᓴᐅᔪᓂᑦ ᐱᖁᑎᓂᑦ ᖃᓄᐃᑦᑐᑐᐃᓐᓇᕐᓂᑦ ᕿᑭᖅᑕᓂᒃᑯᑦ ᑐᖅᑯᖅᑕᐅᓯᒪᔪᓂᑦ ᑮᓇᐅᔭᖏᓐᓄᑦ ᐊᒻᒪᓗ ᑕᑯᑎᑦᑎᔪᑦ ᑲᒪᒋᔭᐅᔪᑦ ᓇᒧᑦ ᐱᕈᕐᐸᓪᓕᐊᑎᑦᑎᔾᔪᑕᐅᒻᒪᖔᑕ ᐱᔾᔪᑎᒋᓪᓗᒋᑦ ᒥᑭᔫᓂᕐᐹᕆᔪᓐᓇᖅᑕᖏᑦ ᐊᒥᓲᓂᕐᐹᕆᔪᓐᓇᖅᑕᖏᓪᓗ ᐱᖁᑏᑦ ᓱᑯᑦᑎᐊᓃᒻᒪᖔᑕ ᒫᑦᓯ 31, 2021ᒥ. ᐊᑐᓂᑦ ᐱᖁᑎᒋᔭᐅᔪᓐᓇᖅᑐᑦ ᑐᖔᓃᓯᒪᔪᑦ ᓈᒻᒪᒋᔭᐅᕙᑦᑐᑦ ᓈᓴᐅᑎᖏᓐᓂ ᑕᐃᒫᒃ ᓇᓗᓇᐃᖅᑕᐅᓯᒪᒻᒪᑕ ᐱᕈᕐᐸᓪᓕᐊᑎᑦᑎᓂᕐᒧᑦ ᐊᑐᐊᒐᕐᓂᑦ ᓇᓗᓇᐃᓯᒪᔪᓂᑦ. The table below illustrates the allowable asset ranges for QIA Legacy Fund and shows where the portfolio was invested in relation to minimum and maximum asset class weightings as of March 31, Each allowable asset class was within the acceptable ranges as prescribed in the Investment Policy Statement. ᒫᓐᓇ ᐊᒥᓲᓂᖏᑦ ᐳᓴᓐᑎᑎᒍᑦ Current Weighting % ᑮᓇᐅᔭᓪᓚᕇᑦ ᐊᒻᒪᓗ ᕿᓚᒻᒥᐅᔪᒥᒃ ᐱᕈᕐᐸᓪᓕᐊᑎᑕᐅᓂᐊᖅᑐᑦ Cash and Short-Term Investments ᓱᕐᕋᐸᙱᑦᑐᑦ ᑮᓇᐅᔭᓕᐊᑦ ᑲᓇᑕ/ᒥᐊᓕᒐᑦ/ ᐱᕙᓪᓕᐊᓯᒪᔪᑦ ᓄᓇᕐᔪᐊᓕᒫᒥ Fixed Income Canada / U.S./ Developed International ᓇᒻᒥᓂᖁᑎᖏᑦ ᑲᓇᑕ Equities Canada ᓇᒻᒥᓂᖁᑎᖏᑦ ᒥᐊᓕᒐᑦ Equities United States ᓇᒻᒥᓂᖁᑎᖏᑦ ᐱᕙᓪᓕᐊᓯᒪᔪᓂᑦ ᓄᓇᕐᔪᐊᓕᒫᒥ Equities Developed International ᐊᓯᖏᑦ ᐱᖁᑏᑦ Other Assets 3% 0% 5% 22% 18% 52% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% ᐱᖁᑎᓄᑦ ᐊᒥᓲᓂᕆᔪᓐᓇᖅᑕᖏᑦ ᕿᑭᖅᑕᓂᒃᑯᑦ ᑐᖅᑯᕐᓯᒪᔭᖏᓐᓂ ᑮᓇᐅᔭᓂᑦ Allowable Asset Range for QIA Legacy Fund

41 Qikiqtani Inuit Association BENEFITS AND LEGACY FUND ANNUAL REPORT 41 ᖃᓄᐃᓕᖓᓂᖓᓂ ᐅᓂᒃᑳᖅᓯᒪᔪᑦ Description ᖃᑦᑏᓐᓇᐅᓂᕐᐹᕆᔪᓐᓇᖅᑕᖏᓐᓂ ᐊᒥᓲᓂᖏᑦ ᐳᓴᓐᑎᑎᒍᑦ Minimum Weights ᒫᓐᓇ ᐊᒥᓲᓂᖏᑦ ᐳᓴᓐᑎᑎᒍᑦ Current Weighting ᐊᒥᓲᓂᕐᐹᕆᔪᓐᓇᖅᑕᖏᓐᓂ ᐳᓴᓐᑎᑎᒍᑦ Maximum Weighting ᑮᓇᐅᔭᓪᓚᕇᑦ ᐊᒻᒪᓗ ᕿᓚᒻᒥᐅᔪᒥᒃ ᐱᕈᕐᐸᓪᓕᐊᑎᑕᐅᓂᐊᖅᑐᑦ Cash and Short-Term Investments ᓱᕐᕋᐸᙱᑦᑐᑦ ᑮᓇᐅᔭᓕᐊᑦ ᑲᓇᑕ/ᒥᐊᓕᒐᑦ/ ᐱᕙᓪᓕᐊᓯᒪᔪᑦ ᓄᓇᕐᔪᐊᓕᒫᒥ Fixed Income Canada / U.S./ Developed International and Emerging Markets ᓇᒻᒥᓂᖁᑎᖏᑦ ᑲᓇᑕ Equities Canada ᓇᒻᒥᓂᖁᑎᖏᑦ ᒥᐊᓕᒐᑦ Equities United States ᓇᒻᒥᓂᖁᑎᖏᑦ ᐱᕙᓪᓕᐊᓯᒪᔪᓂᑦ ᓄᓇᕐᔪᐊᓕᒫᒥ Equities Developed International ᐊᓯᖏᑦ ᐱᖁᑏᑦ Other Assets 0% 3% 50% 30% 52% 90% 10% 22% 40% 0% 18% 30% 0% 5% 25% 0% 0% 25%

42 ᐃᑲᔫᓯᐊᔅᓴᓂᑦ ᐊᒻᒪᓗ ᑮᓇᐅᔭᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᑦ ᐊᕐᕌᒍᓕᒫᕐᓯᐅᑏᑦ ᐅᓂᒃᑳᑦ ᕿᑭᖅᑕᓂ ᐃᓄᐃᑦ ᑲᑐᔾᔨᖃᑎᒌᖏᑦ ᑮᓇᐅᔾᔭᐸᓪᓕᐊᒍᑎᖏᓐᓂᒃ ᐊᐅᓚᑦᑎᔨᐅᑉ ᐅᖃᐅᓯᔅᓴᖏᑦ ᐊᕐᕌᒎᑉ ᓄᙳᐊᓂ ᒫᑦᓯ 31, 2021 WEALTH MANAGER S COMMENTARY FOR YEAR ENDING MARCH 31, 2021 ᓇᓗᓇᐃᕐᓯᕗᒍᑦ ᒫᑦᓯ 31, 2020ᒥ ᐱᒋᐊᖅᑐᒍ, ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᑦ ᑮᓇᐅᔭᑦ 100 ᐳᓴᓐᑎᖏᓐᓂᒃ ᒪᓕᑦᑎᐊᓚᐅᕐᓂᖏᓐᓂᒃ ᐱᕈᕐᐸᓪᓕᐊᑎᑦᑎᓂᕐᒧᑦ ᐊᑐᐊᒐᐃᑦ ᓇᓗᓇᐃᕐᓯᒪᓂᖏᓐᓂᒃ ᐊᒻᒪᓗ ᓈᒻᒪᓚᐅᕐᓂᖏᓐᓂᒃ ᐱᕈᕐᐸᓪᓕᐊᑎᑦᑎᓂᕐᒧᑦ ᑐᑭᒧᐊᒍᑎᔅᓴᑎᓐᓄᑦ. ᐋᖅᑭᐅᒪᑎᑦᑎᓚᐅᖅᑐᒍᑦ ᓯᕕᑐᔪᒨᖓᔪᓂᑦ ᐃᓱᒫᓗᓇᖅᑐᒨᖅᑕᐃᓕᑎᑦᑎᓪᓗᑕ ᑐᕌᒐᖃᖅᑐᑕ ᑐᕌᒐᓕᐊᕆᓯᒪᔭᑦᑎᓐᓂᒃ ᐋᖅᑭᐅᒪᑎᑦᑎᓂᕐᒥᒃ ᐊᑭᑐᔫᑎᓂᑦ ᑐᖅᑯᖅᑕᐅᕙᓪᓕᐊᔪᓂᑦ ᑮᓇᐅᔭᓂᑦ ᐊᒻᒪᓗ ᐋᖅᑭᓯᒪᑎᑦᑎᓂᕐᒥᒃ ᐱᖁᑎᓂᑦ ᑐᕌᒐᖃᖅᑐᑕ ᐊᐅᓚᓂᖃᖅᑎᑦᑎᓂᕐᒥᒃ ᓯᕕᑐᔫᒧᖓᔪᓂᑦ ᐊᕐᕌᒍᑕᒫᑦ ᐅᑎᕐᑐᔅᓴᖁᑎᒋᖃᑦᑕᓂᐊᖅᑕᖏᓐᓂᒃ 4 ᐳᓴᓐᑎᑦ. ᑕᐃᒪᐃᓕᓚᐅᖅᑎᓪᓗᑕ, ᖃᑦᑏᓐᓇᕈᕆᐊᕐᓂᖏᑦ ᐱᖁᑏᑦ ᐊᑭᖏᓐᓂ 2020ᒥ ᐱᕕᖃᕈᑎᒋᓚᐅᕐᓯᒪᔭᕗᑦ ᖃᓄᖅᑑᕈᑎᒋᔪᓐᓇᖅᑐᒋᑦ ᐊᓯᐊᓄᑦ ᐊᑐᕐᓂᕐᒧᑦ ᐃᓚᖏᓐᓂᒃ ᑮᓇᐅᔭᑦ ᐊᒻᒪᓗ ᕿᓚᒻᒥᐅᔪᒥᒃ ᐊᑐᖅᑐᒥᒃ ᐱᕈᕐᐸᓪᓕᐊᑎᑦᑎᓂᕐᒧᑦ ᖁᕝᕙᓯᑦᑐᒥᒃ ᐃᓕᔭᐅᓯᒪᓂᐊᖅᑐᓂᑦ ᐱᕈ ᕐᐸᓪᓕᐊᑎᑕᐅᔪᓂᑦ. We confirm that as of March 31, 2021 the Legacy Fund portfolio was 100% compliant with the terms of the Investment Policy Statement and in line with our ongoing investment strategy. We maintained our long-term conservative focus with a targeted goal of preserving the capital of the Legacy Fund and positioning the assets with a goal of generating a long term average annual return of 4%. That said, the pullback in asset prices in early 2020 provided us with the opportunity to strategically transition a portion of the cash and short term investments into high quality equity based investments.