20 May 2016
To Promote Transparency, Board Members Voted for Full Disclosure of Article 5 of the Mary River IIBA
(Iqaluit, May 20, 2016) - The Qikiqtani Inuit Association’s (QIA) Board of Directors passed a resolution today in the interest of transparency between QIA and its members, that the full provisions of Article 5 of the Mary River Inuit Impact and Benefit Agreement (IIBA) be publicly released and made available for viewing by the public.
The Article 5 of the IIBA for Mary River between QIA and Baffinland Iron Mines Corporation dated September 6, 2013, sets out the financial amounts and rates.
"The Board of Directors strongly believes in transparency between QIA and all of the Beneficiaries, it is crucial for Beneficiaries to have access to information from their organization to be well informed," said P.J. Akeeagok, President of QIA.
The full text of the Mary River IIBA including all provisions of Article 5 is now available on QIA’s website for viewing.
For further information on the Mary River IIBA, please contact QIA or visit QIA’s website at www.qia.ca.