Makivvik Corporation is an indigenous political organization representing the Inuit of Nunavik (northern Quebec) since 1978. Established under the James Bay and Northern Quebec Agreement, it administers compensation funds and provides multiple grant programs including language and culture funding, student grants, harvester support, and heating oil subsidies for Nunavik Inuit beneficiaries. View Makivvik Corporation's website for more information.
Makivvik Corporation serves as the primary Indigenous political organization representing the Inuit of Nunavik, administering compensation funds stemming from the James Bay and Northern Quebec Agreement (1975) and the Nunavik Inuit Land Claim Agreement (2008). The organization functions as both a funding administrator and economic development entity, managing a heritage fund that has grown from the original $90 million to over $270 million.
Makivvik distributes funding through multiple programs:
The organization operates through an Investment Review Committee (IRC) that oversees capital fund management in stocks, bonds, and money markets. Annual budgets are recommended based on projected investment returns, ensuring sustainable funding for future generations of Nunavimmiut.