October 2, 2024
RANKIN INLET, NUNAVUT – Arctic Gateway Group (AGG) and Sakku Investments Corporation have signed a Memorandum of Understanding (MOU) to foster economic development in northern Manitoba and the Kivalliq Region.
AGG is Indigenous- and northern-owned and operates the Port of Churchill, the Hudson Bay Railway, and other infrastructure in northern Manitoba, an AGG release said.
The partnership with Rankin Inlet-based Sakku, the Kivalliq Inuit Association’s (KIA) development corporation, is meant to advance joint initiatives to contribute to the economic growth of both regions, the release said, focusing on transportation, energy and telecommunications, infrastructure development and workforce development.
“We are excited to partner with Sakku to leverage the Arctic trade corridor. This agreement is designed to bring economic growth and cost savings to Kivallirmiut and northern Manitoba, while also strengthening northern infrastructure to further assert Canadian Arctic sovereignty,” AGG CEO Chris Avery said in a statement.