Nunatsiaq Online
NEWS: Nunavut October 25, 2013 - 2:02 pm

Nunavut org approves $43.5-million budget for the upcoming year

Regional bodies getting a raise this year

NUNATSIAQ NEWS
Nunavut Tunngavik Inc. President Cathy Towtongie says NTI will hold its budget at $19.2 million this year, the same as it's been for the past three years. (FILE PHOTO)
Nunavut Tunngavik Inc. President Cathy Towtongie says NTI will hold its budget at $19.2 million this year, the same as it's been for the past three years. (FILE PHOTO)

Nunavut Tunngavik Inc. plans to ask the Nunavut Trust for $43,589,42. this year to pay for its operations and programs, along with the operations of the three regional Inuit organizations.

That’s up three per cent over last year’s overall budget of $42,156,932, but not because of demands from NTI.

NTI is asking for the same amount it has requested for the past three years: $19,261,378.

“The overall conditions of the world economy and stock markets have impacted the Nunavut Trust earnings in recent years,” Cathy Towtongie said in a Oct. 24 news release.

“To conserve and grow the capital in the Trust, we have asked our staff to develop and implement budgets that do not include any spending increases over last year.”

Increases instead come at the request of the three regional Inuit organizations:

• Qikiqtani Inuit Association is requesting $6,061,04., an increase of 16 per cent from 2012-13;

• Kivalliq Inuit Association is requesting $4,521,082, an increase of three per cent; and

• Kitikmeot Inuit Association is requesting $4,705,928, an increase of two per cent.

Other notable increases include an extra $177,450 for the Beneficiary Benefits Plan, which this year will have a total budget of $1,032,450.

NTI approved the 2013/14 budget at their annual general meeting currently under way in Rankin Inlet.

It was also announced that Towtongie will take over the duties of vice-president with the recent departure of Jack Anawak, who is running for election as MLA in Iqaluit-Niaqunnguu.

“I look forward to providing continuity and experience on the social and cultural work required in this position,” Towtongie said in a news release.

NTI will hold an election for both vice-presidents on Dec. 8, 2014. Inuit beneficiaries over age 16 are eligible to run in the race.

The NTI annual report was also released this week outlining what the organization’s directors have been up to in the past year and the results of various programs NTI runs.

In the notes to its financial statements, NTI discloses the range of salaries paid to executive officers and staff directors along with the five highest paid consultants who did work for NTI.

• Executive officers (the president, chief executive officer and chief operating officer) received salaries in the range of $130,198 to $190,641, not including vacation travel assistance, northern allowance, and performance incentives;

• Staff directors (nine total) received salaries in the range of $128,766 to $173,197, not including benefits; and,

• The highest paid consultant was Wayne Johnson, who was given $247,354 for work on “exploration agreements, production leases, royalties and joint ventures.”

A few other highlights from the annual report include:

• 39 applications for archaeology permits were reviewed for 2012 projects;

• Through the Nunavut Harvester Support Program, hunters were able to purchase 204 pieces of large equipment for a total of $1,937,506. Hunters and trappers organizations in 25 communities were each given $3,000 to conduct community harvests or purhase food from other communties for a total of $75,000.

You can download the NTI annual report, and other news releases, here. You can see NTI’s 2013-14 budget here.

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