Makivik

Name

Makivik

Legal name

Makivvik Corporation

Website

https://makivik.org

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Kuujjuaq

HQ country

Canada

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Others, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Subsidiary Business Operations: Makivvik owns and operates large profitable business enterprises including Air Inuit (airline), Nunavik Furs, Halutik Enterprises, Nunavik Geomatics, and Kautaq Construction to generate jobs and economic activity for Inuit of Nunavik.

Distribution channels2 records

Marketing channels4 records

Core offering

Makivik Corporation is an indigenous political organization that represents the Inuit of Nunavik under the 1975 James Bay and Northern Quebec Agreement (JBNQA) and the 2008 Nunavik Inuit Land Claim Agreement (NILCA). Its core functions are protecting Inuit rights, administering land claim compensation, and delivering social, economic, and cultural programs to beneficiaries. The corporation also owns and operates five wholly-owned subsidiaries (Air Inuit, Nunavik Furs, Halutik Enterprises, Nunavik Geomatics, Kautaq Construction) and holds joint venture interests in NEAS Group, UNAAQ Fisheries, PAIL, and Tarquti Energy Corporation to generate employment and economic activity in Nunavik communities.

Product overview

Makivvik is an indigenous political organization representing the Inuit of Nunavik since 1978, mandated under the James Bay and Northern Quebec Agreement. The organization operates a portfolio of subsidiaries and joint ventures across multiple sectors including aviation (Air Inuit), fur trading (Nunavik Furs), construction (Kautaq Construction), geomatics (Nunavik Geomatics), and energy (Tarquti Energy Corporation). Makivvik also administers social and economic programs for Nunavik Inuit, including the Heating Oil Subsidy Program, Harvester Support Grant, Student Grants, Lilly's Fund for families with disabilities, and various cultural and community development initiatives. The organization maintains offices in Kuujjuaq (head office), Montreal, and Quebec City.

Differentiator

Problem solved

Functional benefit

Products and services

• Air Inuit Regional airline serving northern communities in Quebec, providing passenger, cargo, and charter services with a fleet including Boeing 737s and ATR turboprops serving remote Nunavik communities.
• Nunavik Furs

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and minor.

• Government of CanadacoreOthers · 1 January 2008Makivvik operates under the offshore Nunavik Inuit Land Claim Agreement that came into effect in 2008, which further expanded the organization's mandate for protecting Inuit rights and interests.
• Government of CanadacoreOthers · 1 January 1975Makivvik was established under the James Bay and Northern Quebec Agreement (1975), the first comprehensive Inuit land claim in Canada. The agreement created a new relationship between Inuit and the governments of Quebec and Canada for developing and implementing a new way of doing business.
• Government of QuebeccoreOthersMakivvik maintains a dual relationship with both the Government of Canada and Government of Quebec as mandated by the James Bay and Northern Quebec Agreement.
• NEAS GroupminorStrategic or Co-development PartnerNEAS Group is listed as a joint venture partner of Makivvik, providing shipping and logistics services in the Nunavik region.
• UNAAQ FisheriesminorStrategic or Co-development PartnerUNAAQ Fisheries is a joint venture partner of Makivvik operating in the Nunavik region.
• PAILminorStrategic or Co-development PartnerPAIL is a joint venture partner of Makivvik.
• Tarquti Energy CorporationminorStrategic or Co-development PartnerTarquti Energy Corporation is a joint venture partner of Makivvik operating in the energy sector.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Inuvialuit Regional Corporation: Inuvialuit Regional Corporation is a Canadian Inuit land claim organization representing the Inuvialuit of the Northwest Territories under the 1984 Inuvialuit Final Agreement. It operates as a directly comparable political organization with a similar mandate of protecting rights, administering compensation, and running economic development enterprises for its beneficiaries.
• Nunavut Tunngavik Inc. Nunavut Tunngavik Inc. (NTI) is the Inuit land claim organization for Nunavut under the Nunavut Land Claims Agreement. It is the most direct functional peer to Makivvik — same Inuit beneficiary mandate, treaty-based political authority, subsidiary businesses, and capital deployment role.
• Grand Council of the Crees of Eeyou Istchee: The Grand Council of the Crees represents the Cree Nation of Eeyou Istchee in northern Quebec under the James Bay and Northern Quebec Agreement (1975) — the same treaty that created Makivvik. It is a directly comparable Quebec-based Indigenous political organization with a parallel rights-protection and economic development mandate.
• Arctic Slope Regional Corporation: Arctic Slope Regional Corporation is one of the Alaska Native Regional Corporations established under the Alaska Native Claims Settlement Act (1971). It is comparable to Makivvik as a self-governing Indigenous corporation running diversified subsidiaries for beneficiary shareholders in an Arctic region.
• Nunatsiavut Government: Nunatsiavut Government is the Inuit self-government for Labrador established under the Labrador Inuit Land Claims Agreement. It is a directly comparable Inuit treaty-based political organization with a mandate of rights protection, cultural preservation, and economic development for Inuit beneficiaries.

Regional players

• Kativik Regional Government: Kativik Regional Government is the municipal-style government covering all Nunavik communities and operates in the exact same territory as Makivvik. While Kativik is a public-sector regional government and Makivvik is a beneficiary political organization, the two are deeply intertwined in co-governance and service delivery for the same Inuit population.

Broad incumbents

• Inuvialuit Development Corporation: Inuvialuit Development Corporation is the economic development arm of the Inuvialuit, and notably co-owned Canadian North with Makivvik before the 2025 sale to Exchange Income Corporation. It is a comparable institutional investor/business operator for an Inuit land claim beneficiary base.

Market position

Weaknesses4 records

Competitive moat4 records

Key highlights7 records

Customer concentration

• Xx.com/makivik_corp
• LinkedInlinkedin.com/company/makivik-corporation

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries9 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Makivik