Nunavut Tunngavik Incorporated and the Government of Nunavut hosted an investment discussion in Toronto alongside the Canada Investment Summit on September 14. Premier John Main said on September 16 that the partners had identified four Inuit-led nation-building projects for investors. A Government of Nunavut project deck identifies them as the Qikiqtarjuaq Deep Sea Port, Arctic Security Corridor/Grays Bay Road and Port, Kivalliq Hydro-Fibre Link, and Iqaluit Nukkiksautiit hydro project. Source↗ Source↗

The projects could affect electricity and internet reliability, marine access, fisheries, mining, transportation and local employment in several Nunavut regions. But residents should not read the investor event as a commitment to build them. The government release did not announce a funding amount, signed investment agreement, regulatory approval, construction contract or construction date for any of the four projects.

Funding negotiations, project design, community and rights-holder engagement, and regulatory processes remain ahead. The federal Finance Department’s Canada Investment Summit material separately lists the Iqaluit hydro project and Grays Bay Road and Port among major projects, but does not identify a new summit-related investment or approval for either one. Source↗

The Government of Nunavut’s May 2025 deck says the Kivalliq link is proposed to connect Manitoba’s electricity grid and fibre network to Arviat, Whale Cove, Rankin Inlet, Chesterfield Inlet and Baker Lake. It describes the Iqaluit hydro project as a proposed 15-to-30-megawatt facility near Kuugaluk, about 60 kilometres northeast of Iqaluit. Those are project plans and targets, not completed infrastructure. The same deck says the Qikiqtarjuaq port and the other projects still needed investment and partnership work.