“Entrepreneurship in Nunavik – A Credible Alternative?” by Nathan Cohen-Fournier (MIB ’17)
by Nathan Cohen-Fournier (MIB ’17)
The Arctic, once inaccessible, today offers itself to an interconnected world and thirsty for resources. As melting ice reaches record levels, governments and multinationals are wondering how to take advantage of this region, which is full of oil, natural gas, and minerals. In Québec, the implementation of the Plan Nord is an example of this, with more than $ 50 billion invested over 25 years. Despite growing international attention, northern communities aspire to develop their markets independently. More and more Nunavimmiut – Nunavik residents – are turning to entrepreneurial approaches. During my research during the summer of 2016, I sought to understand the prospects for entrepreneurship in Nunavik.