Resource Revenue

This is Notice of a Qikiqtani Inuit Association General Meeting of Members to be held in Iqaluit, Nunavut at the Aqsarniit Hotel and Conference Centre on Tuesday, October 4, 2022, at about 9:30 am immediately prior to the QIA 2022 Annual General Meeting.

The General Meeting is being held pursuant to section 2.3 of QIA By-Law No. 6 – QIA Revenue Policy By-Law for the specific intention of amending the by-law and policy.

The following is a detailed description of the amendments: following a Policy Review conducted pursuant to Article 15 of the policy, it has been recommended that significant amendments be approved under the By-Law 6 procedures to limit the scope of the policy to the Legacy Fund and to rename the policy (and By-Law 6) the “QIA Legacy Fund Policy”. The amendments will limit the scope of the re-stated policy to the QIA Legacy Fund and its rules governing the accumulation and preservation of QIA revenues directed to the Legacy Fund.

The renamed and restated policy will no longer govern the various funds and policies related to QIA revenue allocation and expenditures, which will now be governed by a separate Board approved QIA Revenue Allocation Policy. The Legacy Fund Policy proposes to allow only certain types of QIA revenue to still be allocated for long-term savings in the Legacy Fund and allowing other QIA revenues to be allocated for spending according to the QIA Revenue Allocation Policy. The amendments are to encourage and create flexibility for QIA revenue allocation and expenditure, including more options for spending on Community Resources and Opportunities, QIA Services, QIA Programs, Economic Diversification and other spending.

Following review of the amended policy at the meeting, the following is the text of the Extraordinary Resolution to be presented to the meeting for approval by Voting Members:

AMENDMENT AND RESTATEMENT OF QIA BY-LAW NO. 6 – QIA LEGACY FUND POLICY
Whereas in accordance with section 2.3 of QIA By-Law No. 6, not less than 75% of all of the Directors of the QIA Board have passed a resolution to approve amendments to the QIA Revenue Policy, including to rename it the “QIA Legacy Fund Policy”, and the Members of the Society wish to ratify the policy amendments by approval of a restated and amended QIA By-Law No. 6;

BE IT RESOLVED AS AN EXTRAORDINARY RESOLUTION THAT:

  1. By-Law No. 6 dated October 5, 2016, as registered pursuant to the Societies Act on November 4, 2016, is hereby restated with amendments as Restated By-Law No. 6, which is attached hereto as Schedule A, including the change of the name of the amended policy attached thereto which is hereby enacted as the QIA Legacy Fund Policy.
  2. Any officer of the Society is authorized and directed to provide a certified copy of this extraordinary resolution, together with the attached Restated By-Law No. 6, to the Registrar for registration pursuant to the Societies Act, to take effect upon registration.

This Notice is given in accordance with sections 2.3 and 2.4 of QIA By-Law No. 6.

Upcoming Revenue Policy Engagement Dates

Community Elders Engagement Date Public Engagement Date
Kinngait June 1, 2022 June 2, 2022
Sanikiluaq June 28, 2022 June 29, 2022
Iqaluit July 13, 2022 July 14, 2022
Qikiqtarjuaq July 14, 2022 July 15, 2022
Pangnirtung July 16, 2022 July 18, 2022
Arctic Bay July 17, 2022 July 18, 2022
Clyde River July 19, 2022 July 20, 2022
Resolute Bay July 19, 2022 July 20, 2022
Grise Fiord July 21, 2022 July 22, 2022
Pond Inlet August 8, 2022 August 9, 2022
Sanirajak August 21, 2022 August 22, 2022
Igloolik August 23, 2022 August 24, 2022