In 1996, NCC was incorporated to build, own and lease infrastructure required by the Government of Nunavut.
Our shareholders are Qikiqtaaluk
Corporation, Sakku Investments
Corporation, Kitikmeot Corporation and
Nunasi Corporation. Each shareholder
appoints one Director to the NCC
In 1999, we incorporated two subsidiaries
– NCC Properties Limited and NCC
Development Limited – to manage and
to build our real estate portfolio and to
provide third party construction services.
We are committed to Inuit participation
in employment and contracting.
By 2001, NCC completed buildings
valued at $160 million for lease to the
Government of Nunavut.
By 2008, NCC completed Inuksugait Plaza,
a residential and commercial project
valued at $40 million.
June 2, 2011 Atuqtuarvik Corporation and NCC Properties Limited entered into a Partnership registered under the Nunavut Partnership Act. NCC/AC Industrial Park L.P. warehouse space was constructed in 3 phases between 2011 and 2013 for as combined 25,500 square feet.
June, 2016 NCC and the Government of Nunavut entered into an non-binding letter of intent setting out lease to own terms on the 10 office buildings at the end of initial 20 year leases. Lease Amending Agreements (Lease to Own) on each building will take effect upon the end of term of the original leases as they come due.