Nunavut maintained its AA credit rating from DBRS Morningstar, a sign the Government of Nunavut can meet its financial obligations, Finance Minister Adam Lightstone says. (File photo)
Lightstone says rating means territory can meet its financial obligations
The Government of Nunavut has maintained its AA (low) credit rating, something Finance Minister Adam Lightstone says is a sign the territory has “effectively managed its fiscal performance” despite challenges, including COVID-19.
Fifteen snowmobile or ATV engines, like the one in this picture, were patched up last week in Rankin Inlet for free by Arctic Co-operatives Ltd. trainees from across Nunavut. From left: Jimmy Evalik, Scott Kadlutsiak, Silas Etuk and Sandy Kaunak were four of eight participants for the co-op’s small engine repair workshop. Its last workshop like this was in 2018, also held in Rankin Inlet, but was led by technicians from the south. This year, Jamie Nakashuk and Jackie Nowdluk from Pangnirtung led the group and helped form the first all-Inuit workshop put on by the co-op, said training co-ordinator Sherry Smadella. (Photo by Sherry Smadella)
Joe Mucpa sits on a qamutik at the Hamlet of Pond Inlet’s department of public works building on Nov. 27. David Suqslak and Matthias Kaunak spent nine days teaching eight Pond Inlet residents between the ages of 16 and 35 how to build qamutiks. The group finished its eighth qamutik on Dec. 1, and one of those eight will be given away by the hamlet as a Christmas present to a community member by random draw. The workshop was funded by the Canadian government’s New Horizons for Seniors program, and Theresa Dalueg, hamlet recreation coordinator, hopes to run more in the future. (Photo by David Suqslak)