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Development Arm of the Kivalliq Inuit Association Sakku Investments Corporation

Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

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Page 1: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Sakku Investments Corporation

Page 2: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Sakku Investments Corporation • Created in 1989, Sakku is celebrating it’s 25th Anniversary

• 100% owned by the Kivalliq Inuit Association

• Overarching objective is to fulfill its mission of enhancing the economy of the Kivalliq for the benefit of Kivallirmiut

• Appointed Board of Directors from the Kivalliq

Page 3: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Sakku’s Vision

Building a Viable and Healthy Economy for the Inuit of the Kivalliq Region

Page 4: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Sakku’s Mission

To invest in viable business enterprises to the betterment of the Inuit of the Kivalliq Region

Page 5: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Key Strengths • 25 years of history and experience

• Strong and financially stable corporation

• Extensive business and community network

• Knowledge of the people, of the land, and the culture

Page 6: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Our Portfolio 1. Mining & Industrial Services

2. Transportation & Logistics

3. Health & Medical Product Supply

4. Professional & Technical Services

5. Real Estate & Property Management

Page 7: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

1. Mining & Industrial • Kivalliq Tire Mine Service

• Nunami Drilling & Blasting

• Qaaqtuq Dyno Nobel

• Sakku ATCO Buildings & Services

• Sakku Mining

• Toromont CAT Arctic

Page 8: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Kivalliq Tire Mine Service • Sakku is a majority shareholder of

Kivalliq Tire Mine Service Ltd (KTMS).

• KTMS provides industrial tires for mobile heavy equipment.

• Partner is Fountain Tire Mine Service Ltd.

Page 9: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Nunami Drilling & Blasting • Sakku is a majority shareholder of

Nunami Drilling & Blasting Ltd.

• This company supplies drilling & blasting services and related products & services.

• Partner is McCaws Drilling & Blasting Ltd.

Page 10: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Qaaqtuq Dyno Nobel • Sakku is a majority shareholder of

Qaaqtuq Dyno Nobel Inc.

• Qaaqtuq supplies explosive materials and related services.

• Partner is Dyno Nobel Canada Inc.

Page 11: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

• Sakku is a majority shareholder of Sakku ATCO Buildings & Services Ltd.

• This company provides infrastructure and workforce camp solutions.

• Partner is ATCO Structures & Logistics.

Sakku ATCO Buildings & Services

Page 12: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Sakku Mining – Procon JV • Sakku through it’s wholly owned

subsidiary, Sakku Mining Ltd., established a joint venture with Procon Mining Ltd.

• The joint venture brings world-class underground mining experience and logistical support for key projects in the Kivalliq region of Nunavut.

• Partner is Procon Mining Partnership Ltd.

Page 13: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

• Sakku is a significant shareholder of Toromont CAT Arctic Ltd.

• Toromont offers a complete line of Caterpillar heavy equipment along with maintenance and related services.

• Partners are Qikiqtaaluk Corporation, Kitikmeot Corporation and Toromont Industries Ltd.

Toromont CAT Arctic

Page 14: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

2. Transportation & Logistics • M&T Enterprises

• Nunami Helicopter Transport

• Nunavut Sealink & Supply Inc.

• Sakku First Aviation

• Exchange Income Corporation and Calm Air International

Page 15: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

M&T Enterprises • Sakku has reached an agreement with its

partners, Peter Tatty and Nunasi, to acquire full ownership of M&T Enterprises.

• M&T has been in business for 35 years and is a leader in areas such as freight handling, overland hauling, storage, fuel delivery and civil work.

• This is a significant development for Sakku and provides strategic capacity to fulfill its mandate within the Kivalliq.

Page 16: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Nunami Helicopter Transport • Sakku is majority shareholder of

Nunami Helicopter Transport Corporation.

• Nunami is a CTA licensed operator of a diverse fleet of helicopter equipment.

• Partner is Helicopter Transport Corporation.

Page 17: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Nunavut Sealink & Supply Inc. (NSSI) • Sakku is a significant

shareholder of NSSI.

• NSSI has a fleet of heavy-lift, large- tonnage vessels that provides service to Nunavut communities, government, individuals and business.

• Partners are Arctic Co-ops Ltd, Desgagnes Arctik Inc and Qikiqtaaluk Corporation

Page 18: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Sakku First Aviation • Sakku is majority shareholder of Sakku

First Aviation Ltd, which provides commercial air transportation in the Kivalliq.

• Partner is Bradley Air Services Ltd.

• Partnership is coming to an end.

Page 19: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Exchange Income Corporation and Calm Air International

• Sakku has recently formed a Strategic

Alliance with Exchange Income Corporation (EIC) and Calm Air.

• EIC’s airlines have a long history in the Kivalliq region that include Calm Air and Keewatin Air.

• Calm Air has signed a long term lease on Sakku’s aircraft hangar in Rankin Inlet

Page 20: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

3. Health & Medical Supply • Larga Kivalliq

• Sakku Drugs

Page 21: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Kivalliq Development Corporation • Sakku is a significant shareholder of

Kivalliq Development Corporation (KDC).

• KDC operates a medical boarding home in Winnipeg for patients arriving from the Kivalliq for medical treatment.

• Partners are Nunasi Corporation and T.C Enterprises

Page 22: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Sakku Drugs • Sakku is a majority owner of

Sakku Drugs supplying pharmaceutical products and services to Kivalliq communities.

• Significant success story with strong and committed partner.

• Partner is Super Thrifty Drugs Ltd.

Page 23: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

• Nunami Stantec

4. Professional & Technical Services

Page 24: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Nunami Stantec • Sakku is a significant owner of Nunami

Stantec Ltd.

• Provides comprehensive environmental and engineering design services.

• Partners are Kitikmeot Corporation and Stantec Consulting Ltd.

Page 25: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

5. Real Estate & Property Management • NCC Investment Group

• Sakku Properties

Page 26: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

NCC Investment Group

• Sakku is a significant shareholder of NCC Investment Group Inc.

• NCCIG owns considerable commercial and residential property across Nunavut.

• Partners are Qikiqtaaluk Corporation, Kitikmeot Corporation and Nunasi Corporation.

Page 27: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Sakku Properties • Sakku Properties is wholly owned by

Sakku.

• It has a 20+ year history of development and management of commercial office buildings, garages and residential homes

• Constructing a hangar in Rankin Inlet that will be ready this winter

Page 28: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Sakku’s Group of Companies • Long history and wide network of resources and people

• A diverse portfolio of service offerings

• Competent teams with arctic experience

• Commitment to corporate social responsibility

• Competitive and capable businesses

• Committed to providing training and employment opportunities for Inuit to build skills and capacity

Page 29: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Benefits to working with Sakku’s Group of Companies

• Profits are reinvested in the Kivalliq for the benefit of the Kivalliq

• Annual dividend to assist KIA in its programs to Kivalliq Inuit

• Spin-off services to Kivalliq residents are enhanced

• Synergy opportunities from an integrated group of companies

• Shows commitment to developing a positive relationship with the business arm of KIA and working together to stimulate economic and sustainable development of the Kivalliq region

Page 30: Sakku Investments Corporation · • This company provides infrastructure and workforce camp solutions. • Partner is ATCO Structures & Logistics. Sakku ATCO Buildings & Services

Development Arm of the Kivalliq Inuit Association

Sakku Investments Corporation A Key Partner in Moving the Kivalliq Forward