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Nunavut Economic Developers Association

September 10

2015

2014/15 Annual Report

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Nunavut Economic Developers Association 2015 Annual General Meeting

Contents NEDA’s Vision & Mission ............................................................................................................................... 2

Agenda .......................................................................................................................................................... 3

Teleconference Procedures .......................................................................................................................... 4

2014 AGM Minutes ....................................................................................................................................... 4

Secretary/Treasurer’s Report ..................................................................................................................... 15

Executive Director’s Report ........................................................................................................................ 15

Advocacy ................................................................................................................................................. 15

Community Economic Development ...................................................................................................... 17

Community Profiles ............................................................................................................................. 17

Training ................................................................................................................................................... 17

EDAC Conference ................................................................................................................................ 18

Council for the Advancement of Native Development Officers (CANDO) Conference ...................... 18

Webinars ............................................................................................................................................. 18

Annual General Conference ................................................................................................................ 19

Operations .............................................................................................................................................. 19

Our Next Steps ............................................................................................................................................ 20

Advocacy ............................................................................................................................................. 20

Community Economic Development .................................................................................................. 21

Training/Professional Development ................................................................................................... 21

Operations .......................................................................................................................................... 22

Election of Officers ...................................................................................................................................... 23

Appendix A - Audited Financial Statements ............................................................................................... 25


NEDA’s Vision & Mission

Our Vision

For EDO’s:

To have access to:

information they need

training they desire

a strong support network

more input and control over economic development funding

For Communities:

To have:

An economy that is strong, diverse, locally-based, competitive and self-sustaining

An awareness of the socio-economic impacts of infrastructure

Knowledge on the importance of good Community Economic Development planning

An overall improvement to the quality of life in Nunavut

For NEDA:

To be:

Self-reliant

A leader in economic development in Nunavut

Our Mission

The Nunavut Economic Developers Association (NEDA) is an organization of economic development

officers and individuals working in the field of economic development in Nunavut. NEDA exists to

enhance the economic development profession in Nunavut by implementing or supporting initiatives

aimed at meeting the personal and professional development needs of its members in the areas of:

Information, Education, Training, Operational Needs and the Exchange of Knowledge and Experience.


Agenda Nunavut Economic Developers Association Annual General Meeting Thursday, September 10, 2015 – 3pm EDT/2pm CDT/1pm MDT

1. Call to order

2. Roll call

3. Teleconference procedures

4. Approval of agenda

5. Approval of June 26, 2014 AGM minutes

6. President’s report

7. Executive Director’s Report a. 2014/15 fiscal year results b. 2015/16 fiscal year goals

8. Secretary/Treasurers report

a. Review and approval of audited draft financial statements b. Appointment of auditor for 2015/16 fiscal year

9. Annual Professional Development Conference

10. Board of directors’ elections

a. Review of election procedures b. Call for nominations

11. Adjournment


Teleconference Procedures All questions and comments must go through the chair to avoid missing what is said on the

phone.

Please identify yourself when speaking so that participants know who is asking a question or commenting.

Voting/Discussion are done by polling each NEDA member by region.

For each motion a mover and seconder are required. Discussion of the motion will follow. Once discussion is complete, the vote will be conducted as outlined previously.

2014 AGM Minutes Nunavut Economic Developers Association Annual General Meeting Thursday, June 26, 2014

Attendance: EDO Members-12 Beatrix Apsaktaun Billy Palluq Brandon Clark Clare Kines David Grant Joamie Eegeesiak Joeffrey Kaludjak Keith Collier Kendra Imrie Noah Nakoolak Patrick Palluq

Shelly Brake Individual Associate Members-9 Cheri Kemp-Long Colleen Dupuis Eric Doiron Naomi Richardson for Wendy Bolt Robert Connelly Sarah Maniapik Shaun Lewis

Tony Bird Val Kosmenko Institutional Members (non-voting)-5 BBDC Carrefour Nunavut- Amélie Morel Kakivak-Glenn Cousins Kakivak-Kristof Karza NBCC-Dushyenth Ganesan

Proxies: None

Non-Members: Hal Timar

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Roll Call Hal Timar conducted roll call. NEDA has 37 members and according to NEDA bylaws, 30% or 12 members are required for quorum. There were 26 present and so Hal informed Sarah that there was quorum. Teleconference Procedures Hal Timar explained the procedures as also shown on page 4 of the 2013/14 AGM book. Approval of Agenda Cheri Kemp-Long moved to approve the agenda as presented. Seconded by Val Kosmenko. Carried

Approval of September 12, 2013 AGM minute Minutes provided beginning on page 4 of the 2013/14 AGM book. Items arising from the Minutes: None Cheri Kemp-Long moved to approve the 2013 AGM minutes as presented. Seconded by Clare Kines. Carried Presidents Report Sarah Maniapik read the President’s Report on behalf of Jim MacEachern as shown on page 7 of the 2013/14 AGM book. Motion to approve the President’s Report as presented made by Joamie Eegeesiak. Seconded by Clare Kines. Carried Secretary/Treasurers Report The audit was supplied in Appendix A of the 2013/14 AGM book. Cheri Kemp-Long reviewed the audited financial statements with the membership as prepared by Lester Landau and summed up her comments by stating the audit accurately reflected the position of the organization and recommended it be accepted by the membership and that Lester Landau be reappointed as the auditor for the 2014/15 fiscal year. Motion to accept the audited financial statements as presented made by Cheri Kemp-Long. Seconded by Kendra Imrie. Carried Appointment of Auditor for 2014/2015 Fiscal Year Motion to appoint Lester Landau as the auditor for the 2014/2015 fiscal year made by Cheri Kemp-Long. Seconded by Keith Collier. Carried Executive Director’s Report Hal Timar informed the membership that his report could be found in the 2013/14 AGM book beginning on page 8 and then went on to summarize the report. Cheri Kemp-Long added that EDAC and Cando had signed an MOU in April 2014 to work jointly on the development of some curriculum materials. The hope is that they will jointly develop training materials that are more Nunavut relevant during this fiscal year that could be piloted or tested in Nunavut.

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Hal was asked to explain where NEDA was at regarding the funding for the Revised CED Workshop materials. He explained that he had met with CanNor informally earlier that day and was told that they hope to have an answer in the near future. When/if the funding is approved, NEDA will proceed to select 2 communities in which to pilot the material and complete the 2 pilots, revising the materials where required, in this fiscal year. Annual Professional Development Conference Sarah Maniapik said that, as all of the members were already aware, NEDA’s last AGC was cancelled, mainly because of a lack of attendance which was mainly due to the loss of travel funding that NEDA used to provide, through their funding partners, to the EDOs. NEDA hopes that EDOs have planned for this expense this year and the next AGC will have a great turnout. The AGC is an important opportunity for the EDOs to get together for training and to discuss best practices and issues you all have. As mentioned in the Executive Director’s report, NEDA is also planning on presenting a draft of the Strategic Plan for NEDA at the next AGC and will be looking for member’s feedback to help finish the plan that will guide NEDA, your association, through the coming years. There are a couple issues that needed to be discussed at this AGM; the timing of the AGC; the location of the AGC and the presentations (or content) of the AGC. Regarding the location of the AGC; the members need to decide first if NEDA will go through another competitive process to determine the location or will NEDA hold it in Pond Inlet since the last AGC was cancelled through no fault of that community. Val Kosmenko asked if Pond Inlet still wanted to have the AGC held there and was told by Hal that Colin Saunders had expressed to him the hope that the AGC would be held in Pond Inlet. Sarah asked the membership for comments on the location of the AGC. The options she put forward to the membership were; go back to Pond or; go through another bid process to select a community to host the AGC; only go to regional centers in which case Iqaluit being the next since the last 2 AGCs were held in the Kivalliq and the Kitikmeot regions or; refer the matter to the Board for a decision. Shelly Brake suggested that the AGC be held in Pond Inlet since they won the right to hold the next AGC there and this was the next AGC. Naomi Richardson suggested that a survey be made to see what impact the cost of travel would have on the EDOs ability to attend the AGC. Keith Collier suggested that even though there is a benefit to hosting the AGCs in different smaller communities, NEDA should consider holding the AGC only in the regional centers for both ease, cost and time. The cost of travel to smaller centers was significantly more than to the regional centers and every dollar that was spent of travel was 1 less dollar available for other economic development activities in their communities. It would also be more cost effective for many of the presenters to attend since many have representation in each of the regional centers and would not need to send someone from another region. Keith also suggested that NEDA consider trying to hold the AGC just prior to, or after, other major events that EDOs may also be attending to further improve the value of their travel. The regional trade shows and regional EDO conferences are examples of events that NEDA could coordinate the AGC with.

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Robert Connelly was asked if they would welcome the opportunity to have all of the EDOs from across Nunavut participate in the Kivalliq regional EDO conference. Robert explained that there was a challenge in that they focus on many issues specific to the Kivalliq region and to include all of the EDOs would require their office to rethink how to host and coordinate such a conference. Cheri Kemp-Long explained that at one point in the past, the conference included regional breakout sessions where each region could address their specific issues. The problem was that now, EDT is not willing to send the staff from each regional office to one location. Instead they expect that the staff from the region where the AGC is hosted will work with all of the EDOs which makes the regional sessions ineffective. Keith mentioned that he was not suggesting to change the regional conference to a Nunavut wide conference. Instead he thought that 3 days or so could be added to the regional conference to reduce the travel of at least the EDOs that were already attending the regional conference. Keith explained that he felt that the regional EDO sessions were extremely valuable, allowing them to focus on their specific regional issues, and was concerned that trying to accomplish too much in one conference (regional sessions and a territory wide AGC) may result in a loss of focus on their regional issues. He suggested that NEDA may take a more active role in working with the other regional EDT offices to create regional conferences across the territory similar to the Kivalliq conference. This could be done instead of the NEDA AGC or in addition to the NEDA AGC. Dushyenth Ganesan asked if there had been any expression of interest from the other regional EDT offices to host such conferences and was told that there had been no such expression to date. Naomi Richardson from the Kitikmeot EDT office explained that they have been working towards something similar to a Regional EDO Conference/Workshop and felt that there was value in having both regional gatherings and a territorial wide meeting where EDOs could discuss their issues and share in their successes. Hal mentioned that he felt that about 30% of the content at the Kivalliq AGC was about territory wide issues and suggested that a single larger conference could be created by allowing 3-4 days for regional discussions and 3-4 days for territorial discussion. This larger event would then rotate between the regional centers but would depend on EDT committing to send other regional staff to the one location. Clare Kines added that the travel for EDOs to the AGC should not come from their CCB budgets. It created an inequity amongst the EDOs as some communities would have higher travel costs compared to others. He felt that professional development funding from EDT should be apart from the CCB funding. Billy Palluq agreed with Clare’s comments and added that if he had to use his CCB funds for attending the AGC, he would not be able to go. Shelly Brake agreed with both Clare and Billy and added that they had to complete their budgets for the next fiscal year by March of the previous fiscal year and never know when and where the AGC will be held and therefore cannot budget for that expense.

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Sarah went on to discuss the timing of the AGC. NEDA typically seems to end up having the AGCs in February or March though it appears that the membership would prefer to hold them in the fall. Of the last 5 AGCs that were held, 4 were in February or March and only 1 was in November. Kendra Imrie suggested that the Board needed to first decide if the AGC was going to be held in conjunction with another event because if that was the case, the other event would dictate the timing. Sarah asked about what sessions and training the membership wanted at the next AGC. It was suggested that Hal send out the request to all of the EDOs. Hal said he would also include any other ideas and suggestions already brought forward. Naomi Richardson also suggested that when the EDOs respond that they review their job descriptions as contained within their CCB agreements to see if there was anything that they specifically need training or additional support on. Sarah said that the Board will review the comments and concerns raised and come up with a plan. Hal will let the membership know what was decided or if additional information is required. She also asked that EDOs send in any ideas that they may have. Selection of Directors Hal reminded the membership that the South Baffin and Kitikmeot positions were up for election and that the Board of Directors Election Procedures were included in the 2013/14 AGM book on pages 19 and 20. He added that no nominations were received in advance of the AGM. Sarah Maniapik opened nominations for the position of South Baffin Representative. Kendra Imrie nominated David Grant. This nomination was seconded by Patrick Palluq. David Grant accepted the nomination. Sarah called for additional nominations for the position of South Baffin Representative. Hearing none, Sarah asked for a motion to close nominations. Motion to close nominations made by Cheri Kemp-Long; seconded by Val Kosmenko. Carried David Grant was acclaimed to the position. Hal explained that according to NEDA’s bylaws and election rules, to make a nomination for a regional representative at least 3 people from that region must be present at the AGM. One person from that region must nominate the individual, one person from that region must second the nomination and the candidate must be from that region. After checking with the callers on the conference call, it was determined that only 2 people from the Kitikmeot region were on the line and therefore there could be no nominations made for the Kitikmeot regional representative during the AGM. According to NEDA’s bylaws, if no representative is elected during the AGM, the Board would fill the vacancy by appointment. Prior to the next meeting, Hal will see which EDOs from the Kitikmeot region would be interested and then the Board will make the appointment from those that expressed interest at the next Board meeting.

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Sarah informed the membership that there was no CANDO representative available for appointment to NEDA’s board as CANDO had not yet filled their Nunavut board position. It is hoped that this will change shortly as several people have expressed interest in filling that vacancy. Sarah further informed the membership that Nunavut’s current EDAC representative was Cheri Kemp-Long and that according to NEDA’s bylaws she would be officially appointed at the next board meeting if she remained in that capacity. Sarah asked Cheri if she would remain as the Nunavut representative to EDAC and Cheri said she would be for the short term until January when she retires. Sarah explained that Hal would contact the new Board to set the date of the next Board meeting. Adjournment Motion to adjourn made by Joamie Eegeesiak at 4:22 EST. Meeting adjourned.

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Secretary/Treasurer’s Report Please see the Audited Financial Statement from Lester Landau at the end of this document.

Executive Director’s Report This last fiscal year, my first full year with NEDA, has been pretty busy so I will try to keep my

presentation as brief as possible and focus on some the main things we did in 2014/15.

As in previous reports, I will try to keep my report in context with the 4 strategic areas that guide your

association;

Advocacy

Community Economic Development

Training

Operations

Advocacy As an advocate for the economic development profession in Nunavut, NEDA works closely with many

organizations and departments that set or influence policy, and provide funding and support for

economic development activities and programs. We also act as a conduit, through which information,

feedback, ideas and knowledge flow freely between Economic Development Officers at the community

level, and those supporting them in all levels of government and industry.

I am sure you have all seen the many emails that are forwarded from NEDA with timely information

about new programs, initiatives and other information that may be of use to you on a regular basis.

There are also some other specific areas we worked on during 2014/15 include;

State of the Profession Report – Aarluk Consulting was engaged by NEDA to conduct research

and assist in the development of a “State of the Profession” report relating to Economic

Development Officers (EDOs) across Nunavut. The goal of the review was to gain a better

understanding of how EDOs can impact economic development in Nunavut with particular

attention being paid to the impact they have on local communities, the challenges they face, the

level of support they receive, and the means by which the challenges they face can be

addressed. The completed report was submitted to EDT and is now a focal point for future

advocacy related work.

WSCC Administration Fee – A discussion paper was developed and shared with the Board and

membership which eventually resulted in letter that was sent to the Minister Responsible for

the WSCC regarding this new Administration fee self-employed business owners, the negative

impact it was having on local community economic development and suggested measures that

the Minister could undertake to help alleviate the issue.

Kivalliq EDO Conference – EDOs from the Kivalliq region, along with the NEDA Executive

Director, also participated in a 4 day conference during which time they were all able to provide

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input to the regional EDT staff regarding regional funding and other issues relevant to the EDOs.

While most of the input comes from the regional EDOs themselves, NEDA is also present to offer

suggestions and support when possible.

o NEDA also continues to encourage the other regional EDT offices to hold similar sessions

with the EDOs in their regions.

NEDA also held several webinars to help keep EDOs involved in policies and programs.

Webinars on Arts Funding programs and Nunavut Tourism were held for EDOs during which

time EDOs were able to ask questions and provide feedback on new programs. A webinar on

Building Effective Community Tourism Committees also provided information on how to

develop effective Community Tourism Committees and share some best practices, ideas and

opportunities that can benefit communities.

o All of NEDA’s webinars are recorded and available to all EDOs as an on-demand

webinars whenever they require that information.

Nunavut Economic Development Strategy – NEDA’s ED and several EDOs also participated in the

NEDS2 Roundtable in Iqaluit during which time they made several presentations and provided

insight on community based economic development and the need to support EDOs and keep

economic development in Nunavut focused in the communities.

Language Act – NEDA worked with the Office of the Language Commissioner to create NEDA’s

Language Plan. NEDA’s Language Plan is now on file with the OLC. This process will help the ED

in assisting EDOs in any Language Act Implementation issues. NEDA is also in the midst of a

Language Implementation project to help EDOs work with their communities to understand the

implementation requirements.

Nunavut Petroleum Workshop – NEDA represented the interests of the EDOs in the working

group helping to ensure that the needs of EDOs were addressed during the planning phase and

that the presentations would be of greater relevance to the communities to encourage a

broader participation in the workshop.

Council for the Advancement of Native Development Officers – Discussions with Cando on the

appointment of a Nunavut Representative to the Cando Board resulted in the eventual

nomination of NEDA’s ED as the Nunavut Representative to the Cando Board.

Red Tape Reduction – NEDA’s ED also attended in CRA’s Red Tape Reduction for Business

session in October 2014.

Conferences, Meetings & Tradeshows – NEDA participated in a number of conferences,

meetings and tradeshows with an aim to gather information and circulate it to our membership,

while at the same time voice the concerns and opinions of our members when necessary. Some

of the events we participated in are:

Nunavut Mining Symposium

Economic Developers Association of Canada Board Meetings through Nunavut’s

EDAC representative.

Nunavut Trade Show

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o NEDA’s involvement in events such as these is designed to facilitate the flow of

information between our membership and industry stakeholders. This is important to

ensure that economic development plans, policy and programs are designed to meet

the needs of communities in Nunavut and support the development of a locally based,

sustainable economy.

o NEDA also assisted several EDOs in attending the 2014 Nunavut Trade Show by covering

the cost of the trade show space and several other expenses, depending on the needs of

the EDO. In total, NEDA supported 6 EDOs for the 2014 NTS.

Community Economic Development NEDA continues to try and support the EDOs in their roles in the development of their community’s CED

plans. This was supported last year through the updating of the CED Workbook and the piloting of that

new workbook in 2 communities; Pond Inlet and Gjoa Haven. Both workshops were held in March and

the results will hopefully lead to the updating of their CED Plans.

Unfortunately, to this day, some communities still do not have a current CED plan. Of those that do,

many do not have an action or implementation plan, while others write a new plan every year, rather

than monitor, evaluate and adjust the original. NEDA continues to stress the importance for a

community strategy to be a living document with ongoing community consultation, including regular

updates and reports on progress as well as consideration for changes due to community circumstances,

challenges and opportunities.

Community Profiles

Previously, NEDA had improved the community profile database with the hope was that all EDOs would

take the opportunity to update their community profiles. Unfortunately, the updates have not

progressed as we hoped and to date, only 3 have been updated in the last year.

There may be other EDOs that have misplaced their passwords or their passwords no longer work.

Please keep in mind that I am here to help any way I can. If you need any help with your updates or

need a new password, please let me know. I am again hoping that by the end of this fiscal year, the

majority of the community profiles will be up to date making the entire database more effective.

Training An integral step in building community capacity is ensuring that there is a well-trained and capable EDO

available to assist community members and businesses. While NEDA is not currently a training

organization, we do have a professional development focus, and therefore support the initiatives and

activities offered by other organizations that will benefit our members. These organizations include;

The Economic Developers Association of Canada (EDAC)

Council for the Advancement of Native Development Officers (CANDO)

Municipal Training Organization (MTO)

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As noted, NEDA is not currently a training organization; however we are taking steps to build our own

capacity in this area and ensure we have qualified staff who are capable of developing effective

programs that can be delivered to our members.

EDAC Conference

In September of 2014 NEDA attended the EDAC conference held in Calgary, Alberta. NEDA’s ED and the EDOs from Pond Inlet and Kugaaruk attended the event. The annual conference includes a wide variety of conference speakers and workshop sessions that provide a lot of information and insight for EDOs. The opportunity to network with other EDOs from across the country is also one of the important benefits from attending this event.

Council for the Advancement of Native Development Officers (CANDO) Conference

In September of 2014 NEDA also attended the Cando conference held in Nanaimo, BC. NEDA’s ED was the only one from Nunavut to attend the event. The annual conference also includes a wide variety of conference speakers and workshop sessions with a specific focus on aboriginal communities and EDOs. This event is another excellent opportunity to learn about many of the issues and solutions from small communities across the country. Again, the opportunity to network with other EDOs from across the country is also one of the important benefits from attending this event. This is especially true for this event as the majority of the EDOs work in environments with similar challenges and conditions to the ones that EDOs in Nunavut face every day.

Webinars

Here are the webinars that were held in the 2014/15 fiscal year.

o CARFAC Artist Resale Right Proposal on September 11th presented by April Britski, CARFAC

National's Executive Director. There were 10 participants for this webinar and an additional 8

people have seen it as an on-demand webinar since the original presentation.

o Building and Effective Community Tourism Committees on November 13th, by Tina Mandeya, Senior

Advisor Tourism Development, EDT. There were 11 participants for this webinar. Unfortunately,

due to a technical issue, this webinar recording was lost and is not available as an on-demand

presentation.

o ACS 150 - Utility In a Box on November 24th, presented by Rick Whittaker, Chief Technology Officer,

Sustainable Development Technology Canada and founding Vice President of Investments. There

were 17 participants for this webinar and an additional 8 people have seen it as an on-demand

webinar since the original presentation.

o Nunavut Tourism on Outfitter Training on December 10th presented by Shannon MacTavish, Project

Coordinator, Nunavut Tourism. There were 15 participants for this webinar and an additional 6

people have seen it as an on-demand webinar since the original presentation.

o Arts Funding Programs on December 18th presented by Kyra Fischer, Manager, Tourism and Cultural

Industries Division, Department of Economic Development & Transportation. There were 11

participants for this webinar and an additional 4 people have seen it as an on-demand webinar since

the original presentation.

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o Almost all of the webinars are also now available as an on-demand webinar for new EDOs, EDOs

that missed the original presentation or anyone who wants to see the presentation for the first

time, or again.

o Due to scheduling conflicts, there were unfortunately no additional webinars in the last quarter of

the fiscal year. There would have been a couple additional sessions but presenters based in Iqaluit

opted to do their presentation during the AGC rather than in a webinar format.

o In general, all of the webinars are attended well and the participants are engaged and asked

frequent questions. The feedback from EDOs remains positive and NEDA will continue the series in

the coming fiscal years. Several webinars have already happened this year with more scheduled.

Annual General Conference

NEDA’s Annual General Conference (AGC) happened in Iqaluit from February 23rd-17th, 2015 at the

Arctic Hotel. This project was made possible through funding from the GN-Department of Economic

Development & Transportation (through the CEDO Training funding and NEDA’s Core funding), GN-

Departments of Economic Development & Transportation and Culture & Heritage (through the

Language Act Implementation Project), CanNor and various corporate sponsors and supporters.

In general, though attendance for the full conference was impacted by inclement weather and airline

cancellations, the format and content of conference was very well received. In total, almost half of all

EDOs and almost 20 other NEDA members attended all or part (due to flight cancellations) of the AGC.

There were 18 workshops and/or presentations (details can be found in the summary report) made

during the 3.5 days of the AGC as well as a Meet & Greet on the first evening and the President’s Dinner

on the final night of the AGC.

NEDA’s survey of attendees showed that almost all of the respondents liked the format and the content

of the AGC and felt that the topics covered helped them in their day-to-day work.

Later during this AGM, there will be a discussion on the upcoming 2016 AGC and it is my hope that after

that discussion, all of the EDOs will be looking forward to the next conference as much as I am.

Operations As the Nunavut Economic Developers Association grows and establishes itself as a leader in economic

development in Nunavut, the board of directors and membership expect to see a significant increase in

activity and projects being developed and supported by the association.

NEDA provides three basic functions for its members; a resource for day to day duties of the EDOs, a

training resource for professional development activities that support the development of the EDOs and

advocacy for economic development related issues facing communities in Nunavut.

NEDA also worked on several specific operational issues over the past fiscal year including;

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Language Act –NEDA’s new Language Plan is now on file with the Office of the Language

Commissioner (OLC).

Website – NEDA has created 2 mirror sites of the original English only website, in Inuktitut and

Inuinnaqtun. NEDA will continue to strive to post all materials in all 3 languages, subject to

available funds for translations. NEDA has also completed additional upgrades and new

information to help the website become more effective and efficient.

Our Next Steps I think that we have done a fair amount of work this past year but there is always more to do. To be a

leader in economic development, NEDA must continue to work towards achieving the goals set out by

our membership. Based on the Strategic Plan and directions we receive from our membership, the

board has defined several objectives for the association as it moves forward.

Advocacy

1. Throughout the year, NEDA will encourage discussion amongst our members on issues and

challenges they face. We will continue to encourage participation from all of our members.

Further to this, at our professional development conference, we will again host a closed-door

session for EDO’s so they can discuss their concerns in a confidential environment. The

anonymous report from the session will serve as a guide on many of the advocacy areas that

NEDA will focus its efforts on over the following year.

2. NEDA will continue to gather information from multiple sources on economic development

trends, resources, tools, best practices, activities and projects and provide this information

directly to our members through regular email notices and regular posts on our website. We

will participate in economic development related events, conferences and activities to gather

this material, as well as solicit information from our partners which will be distributed to our

membership.

3. NEDA will continue our efforts began previously to establish formal ties with the Council of

Northern Economic Developers; our sister association in the Yukon. Together we will work

towards hosting a pan-northern conference bringing economic development professionals from

across the North together for an event designed to build networks on which information can be

shared. We are aiming to host this conference sometime in the 2015/16 fiscal year. We will

also continue to work with the Economic Developers Association of Canada (EDAC), and the

Council for Advancement of Native Development Officers (CANDO) to ensure our members are

kept informed of regional and national issues and trends.

4. NEDA will begin discussions with ED&T to ensure that EDO’s have greater input and control over

the CCB funds provided to communities for economic development purposes. Currently, the

majority of EDO’s have little or no control over these funds and not able to provide input into

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their own budgets. For the position to truly be effective within the community, they must have

better access to resources such as the CCB fund to respond to opportunities that exist.

Community Economic Development

1. NEDA will continue to play an active role in the Nunavut Economic Forum (NEF) as the NEDS2

document is developed and finalized. We will work to provide the forum with our member’s

perspectives with respect to the overall strategy and the importance of including CED as the

preferred development process. We will also provide our members with regular progress

updates on the strategy renewal and the impact it will have on them.

2. NEDA has requested funding to again expand the CED Workshop materials, this time to include

reference to areas of influence surrounding a community. This project will the following

components;

a. Development of a catalogue of areas of influence for each community based on several

existing sources of information. This information will be compiled into a companion

document for the CED Workbook in English, Inuktitut and Inuinnaqtun.

b. Consultation with stakeholders to determine what information needs to be included in

the CED Workbook to address the areas of influence associated with a particular

community. Some of the stakeholders to be consulted include EDT (head and regional

offices) and federal departments, particularly those involved with Community

Readiness.

c. Revision of CED Workbook to include sections where the community will consider their

areas of influence, the community’s position on those areas (when known) and next

steps to establishing the community’s position in areas that have not been considered

to date.

d. Translation of the new content into Inuktitut and then the final book into Inuinnaqtun as

well.

e. Piloting of the newly revised workbook in 2 communities needing to revise their CED

Plans.

f. Revisions (if any) to the CED Workbook based on the feedback from the pilots.

g. Printing of final workbooks for future use by communities.

Training/Professional Development

1. NEDA is proposing to develop a Nunavut EDO certification program, based on models used by

EDAC and CANDO, which would include the MTO EDO and/or CANDO and other courses revised

through a Technical Advisory Committee (TAC) as well as other elements. This would result in

several key changes;

a. Establish a recognition that the EDO job duties in Nunavut are different than those in

the majority of Canada.

P a g e | 22


b. Develop a slate of courses to train the EDOs, developed by EDOs and other

stakeholders, fully supported by EDOs and SAOs.

c. Establish a first level of certification for EDOs in Nunavut that will give them the skills

and confidence to proceed to other more advanced levels of national certification.

d. Establish the need to include ongoing training/professional development for EDOs as

part of their expected work plans through the requirements of ongoing certification.

e. Allow NEDA to have a greater role with measurable results in the training and

certification of EDOs.

2. To accomplish this goal, NEDA proposes to undertake a project with the following components;

a. Establish a TAC to review and modify existing MTO courses to make them currently

relevant and ready to be converted to online courses.

b. Establish a TAC to review and modify existing CANDO courses to make them currently

relevant and ready to be converted to online courses.

c. Modify the required courses and develop some for online delivery in 2016/17.

d. Develop a certification program that will be administered by NEDA, based on other

national models, that recognizes existing certification systems and is supported by all

stakeholders.

3. Renew the EDO Orientation Book for new and existing EDOs.

4. NEDA will continue to offer professional development services to our members including:

a. Our annual professional development conference which will provide members with an

opportunity to engage in networking opportunities, discuss best practices and common

challenges, provide feedback and input on programs and policies, and receive training

on topics identified as required.

b. Regular webinars on economic development topics which will allow members to engage

in professional development and capacity building from their respective communities.

c. Inform our membership on and promote accredited training opportunities such as those

offered through EDAC and CANDO.

d. Provide EDO’s with an opportunity to attend the trade shows where they can attend the

conference sessions, as well as learn important skills such as how to promote their

community at a trade show.

e. Continue to Improve the NEDA website to better engage members with respect to

professional development.

Operations

1. Enter into discussions with ED&T to have the CEDO Training Fund permanently allocated to

NEDA so that we can utilize it to leverage additional resources and provide effective professional

development opportunities and services to EDO’s.

2. Renewal of NEDA’s Strategic Plan. Subject to funding approval from CanNor, this is expected to

occur late in the current fiscal year.

3. Enter into discussions with various funders to secure the required funding to hire a Training and

Development Officer (TDO) for NEDA on a 1-3 year contract. The TDO will be responsible for

P a g e | 23


managing the certification program under development in the current fiscal year as well as the

required individual training plans for the EDOs that will be required as a result of the

certification program.

In conclusion I would like to say that I am also very excited about the future of the organization including

the challenges and opportunities that lay ahead. Throughout the year, I will be trying to connect with all

of you on a regular basis and will always try to remain available to assist you any way I can so please

never hesitate to call me.

Quyannamiik,

Hal Timar

Election of Officers Board of Directors Election Procedures Nominations for the following positions on NEDA’s Board of Directors are now being accepted:

North Baffin Representative – 2 year term

Kivalliq Representative – 2 year term

Individual Member – 2 year term Nominations for these positions can be made before the AGM but must be received at NEDA’s office prior to 1pm EDT, Thursday, September 10th, 2015. Advance nominations should be made by completing the Nomination Form and returning the form to NEDA’s office by fax at (867) 979-4622, or by email to [email protected]. After 1pm EDT, Thursday, September 10th, 2015, nominations must be made during the election period of the AGM. To be accepted as a candidate for regional representative, an individual must be:

Employed as an Economic Development Officer by a municipality within that region;

Nominated by a NEDA member ordinarily residing in that region;

Nomination seconded by a NEDA member ordinarily residing in that region;

Nominated candidate must accept the nomination. All nominations will be verified for acceptance. After receiving a nomination and second, the candidate will be given an opportunity to accept or decline the nomination. If the nomination is accepted, that candidate will be eligible for election. If there is only one valid nomination for a region, that individual will be acclaimed to the Board. If there are multiple nominations, an election will be held.

mailto:[email protected]

P a g e | 24


The election, if required, will be conducted via fax the business day immediately following the AGM. Ballots must be signed and dated by the voter to be accepted. Ballots must be received at the NEDA office by fax no later than 5:00 PM EST on Friday, June 27th, 2014. A list of eligible nominees for the vacant NEDA Board positions can be found on the following page.

ED Community

Keith Collier Arviat

Michelle Malla Arviat

Trevor Attungala Baker Lake

David Kattegatsiak Chesterfield Inlet

Myra Netser Coral Harbour

Joeffrey Kaludjak Rankin Inlet

Katelyn Tatty Repulse Bay

No EDO Whale Cove

Potential Kivalliq Nominees

ED Community

Clare Kines Arctic Bay

Billy Palluq Clyde River

Larry Audlaluk Grise Fiord

Linda Haulli Hall Beach

Nancy MacDonald Igloolik

Angela Nutarak Pond Inlet

Philip Manik Resolute Bay

Potential North Baffin Nominees

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Appendix A - Audited Financial Statements Financial statements are on the following pages.

EDCommunity/

Organization

Val Kosmenko

Baffin Business

Development

Corporation/Iqaluit

Shaun Lewis

Baffin Business

Development

Corporation/Iqaluit

Sarah Maniapik

Canada Nunavut

Business Service

Centre/Iqaluit

Eric Doiron

GN-Economic

Development &

Transportation/Iqaluit

Potential Individual Nominees

NUNAVUTECONOMIC DEVELOPERS ASSOCIATION

FINANCIAL STATEMENTSMARCH 31, 2015

NUNAVUT ECONOMIC DEVELOPERS ASSOCIATIONINDEX

MARCH 31, 2015

Page

INDEPENDENT AUDITORS' REPORT 1 - 2

FINANCIAL STATEMENTS

Statement of Operations 3

Statement of Changes in Fund Balance 4

Statement of Financial Position 5

Statement of Cash Flows 6

Notes to the Financial Statements 7 - 8

Schedule of Operations by Activity 9

LESTER LANDAUChartered Accountants

IqaluitPO Box 20, Iqaluit, NU, X0A 0H0

Tel: 867.979.6603 Fax: 867.979.6493

Rankin InletPO Box 147, Rankin Inlet, NU, X0C 0G0Tel: 867.645.2817 Fax: 867.645.2483

ᓚᔅᑐ ᓛᓐᑕᐅᑮᓇᐅᔭᓕᕆᓂᕐᒧᑦ ᖃᐅᔨᓴᕐᑏᑦ

ᐃᖃᓗᐃᑦᑎᑎᖃᒃᑯᕕᒃ 20, ᐃᖃᓗᐃᑦ, ᓄᓇᕗᑦ, X0A0H0

ᐅᖃᓘᑎ: 867.979.6603 ᓱᑲᔪᒃᑯᑦ: 867.979.6493

ᑲᖏᕐᒃᖠᓂᕐᒃᑎᑎᖃᒃᑯᕕᒃ 147, ᑲᖏᕐᒃᖠᓂᕐᒃ, ᓄᓇᕗᑦ, X0C0G0

ᐅᖃᓘᑎ: 867.645.2817 ᓱᑲᔪᒃᑯᑦ: 867.645.2483

INDEPENDENT AUDITORS' REPORT

Board of DirectorsNunavut Economic Developers Association

We have audited the accompanying financial statements of the Nunavut Economic DevelopersAssociation, which comprise the statement of financial position as at March 31, 2015, and thestatements of operations, changes in fund balance and cash flows for the year then ended, and asummary of significant accounting policies and other explanatory information.

Management's Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statementsin accordance with Canadian accounting standards for not-for-profit organizations, and for suchinternal control as management determines is necessary to enable the preparation of financialstatements that are free of material misstatement, whether due to fraud or error.

Auditors' Responsibility

Our responsibility is to express an opinion on these financial statements in accordance withCanadian generally accepted auditing standards. Those standards require that we comply withethical requirements and plan and perform the audit to obtain reasonable assurance about whetherthe financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts anddisclosures in the financial statements. The procedures selected depend on the auditors'judgment, including the assessment of the risks of material misstatement of the financialstatements, whether due to fraud or error. In making those risk assessments, the auditorconsiders internal control relevant to the Association's preparation and fair presentation of thefinancial statements in order to design audit procedures that are appropriate in the circumstances,but not for the purpose of expressing an opinion on the effectiveness of the Association's internalcontrol. An audit also includes evaluating the appropriateness of accounting policies used andthe reasonableness of accounting estimates made by management, as well as evaluation of theoverall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide abasis for our audit opinion.

1

Opinion

In our opinion, these financial statements present fairly, in all material respects, the financialposition of the Nunavut Economic Developers Association as at March 31, 2015 and its financialperformance and its cash flows for the year then ended in accordance with Canadian accountingstandards for not-for-profit organizations.

Iqaluit, Nunavut CHARTERED ACCOUNTANTSJuly 10, 2015

2

NUNAVUT ECONOMIC DEVELOPERS ASSOCIATIONSTATEMENT OF OPERATIONS

FOR THE YEAR ENDED MARCH 31, 2015

2015 2014

REVENUESGovernment of Nunavut $ 411,335 $ 275,000CanNor 86,400 0Kakivak Association 10,000 0Project administration fees 21,075 0Other 23,582 1,625

552,392 276,625

EXPENDITURESAdministration fees 21,075 0Bad debts 300 4,945Communications and marketing 9,399 10,182Facility and office rental 31,686 32,376Insurance 1,560 1,917Interest and bank charges 438 1,766Meetings 10,463 2,991Memberships 1,616 1,516Office supplies 12,400 11,964Professional fees 143,917 45,396Salaries and benefits 138,301 138,620Training 13,638 0Translation and interpretation 32,083 203Travel and accommodation 87,017 24,340

503,893 276,216

EXCESS REVENUES $ 48,499 $ 409

3

NUNAVUT ECONOMIC DEVELOPERS ASSOCIATIONSTATEMENT OF CHANGES IN FUND BALANCE


2015 2014

BALANCE, OPENING $ (14,606) $ (15,015)

Excess revenues 48,499 409

BALANCE, CLOSING $ 33,893 $ (14,606)

4

NUNAVUT ECONOMIC DEVELOPERS ASSOCIATIONSTATEMENT OF FINANCIAL POSITION

AS AT MARCH 31, 2015

2015 2014

ASSETS

CURRENTCash $ 42,189 $ 69,260Temporary investments (Note 3) 50,000 0Accounts receivable (Note 4) 62,058 22,985Goods and services tax recoverable 6,427 13,589Prepaid expenses 1,937 2,758

$ 162,611 $ 108,592

LIABILITIES

CURRENTAccounts payable and accrued liabilities $ 124,478 $ 113,463Government remittances payable 4,240 9,735

128,718 123,198

FUND BALANCE

GENERAL FUND 33,893 (14,606)

$ 162,611 $ 108,592

APPROVED BY THE BOARD:

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________Director________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________Director

5

NUNAVUT ECONOMIC DEVELOPERS ASSOCIATIONSTATEMENT OF CASH FLOWS


2015 2014

OPERATING ACTIVITIESExcess revenues $ 48,499 $ 409

Cash provided by (used for) changes in non-cash working capital:Accounts receivable (39,072) 72,278Goods and services tax recoverable 7,162 (2,186)Prepaid expenses 821 (1,484)Accounts payable and accrued liabilities 11,014 (1,164)Government remittances payable (5,495) 6,411

22,929 74,264

FINANCING ACTIVITIESDemand loan payable 0 (25,000)

INCREASE IN CASH 22,929 49,264

CASH, OPENING 69,260 19,996

CASH, CLOSING $ 92,189 $ 69,260

Represented by:Cash $ 42,189 $ 69,260Temporary investments 50,000 0

$ 92,189 $ 69,260

6

NUNAVUT ECONOMIC DEVELOPERS ASSOCIATIONNOTES TO THE FINANCIAL STATEMENTS


1. NATURE OF THE ORGANIZATION

The Nunavut Economic Developers Association is incorporated under the Societies Act ofNunavut. It is an organization of economic development officers and other individualsworking in the economic development field in Nunavut. The purpose of the Associationis to enhance the economic development profession in Nunavut by implementing orsupporting initiatives aimed at meeting the personal and professional development needsof its members in the areas of information, education, training, and equipment, and theexchange of knowledge and experience.

The Association is a not-for-profit organization and is exempt from income tax underSec. 149(1)(l) of the Income Tax Act (Canada).

The Association receives the majority of its funding from the Government of Nunavutand, in the opinion of management, is therefore economically dependent on theGovernment of Nunavut.

2. SIGNIFICANT ACCOUNTING POLICIES

The accounting policies followed by the Association are in accordance with Canadianaccounting standards for not-for-profit organizations and include the following significantaccounting policies:

(a) Use of EstimatesThe preparation of financial statements in conformity with Canadian accountingstandards for not-for-profit organizations requires management to make estimates andassumptions that affect the reported amounts of assets and liabilities, the disclosure ofcontingent assets and liabilities at the date of the financial statements and the reportedamounts of revenue and expenses during the year. Actual results could differ from thoseestimates.

(b) Financial InstrumentsThe Association initially measures its financial assets and financial liabilities at fairvalue. The Association subsequently measures all its financial assets and financialliabilities at amortized cost, except for derivatives and equity securities quoted in anactive market, which are measured at fair value.

Financial assets measured at amortized cost include cash, temporary investments,accounts receivable, and goods and services tax recoverable. Financial liabilitiesmeasured at amortized cost include accounts payable and accrued liabilities andgovernment remittances payable.

It is management's opinion that the Association is not exposed to significant interest,currency or credit risks arising from these financial instruments unless otherwise noted.

7

NUNAVUT ECONOMIC DEVELOPERS ASSOCIATIONNOTES TO THE FINANCIAL STATEMENTS


2. SIGNIFICANT ACCOUNTING POLICIES (continued)

(c) Revenue RecognitionThe Association follows the deferral method of accounting for contributions. Restrictedcontributions are recognized as revenue in the year in which the related expenses areincurred. Unrestricted contributions are recognized as revenue when received orreceivable if the amount to be received can be reasonably estimated and collection isreasonably assured.

(d) EquipmentEquipment is stated at cost. Amortization is provided annually at rates calculated to write-off the assets over their estimated useful lives.

(e) Expense AllocationsDirect expenditures which are wholly attributable to a specific program are chargeddirectly to the appropriate program. In circumstances where expenditures are not whollyattributable to a specific program, these expenditures are allocated amongst the programsbased on management's estimates of the time, effort and resources required to supportthese activities.

(f) Contributed Materials and ServicesThe Association receives contributed materials and services in the normal course ofoperations. Due to the difficulty of determining their fair value, contributed materials andservices have not been recorded in the financial statements.

3. TEMPORARY INVESTMENTS

Temporary investments consists of investments in term deposits.

4. ACCOUNTS RECEIVABLE

2015 2014

Government of Nunavut $ 42,268 $ 10,000CanNor 8,640 0Other 11,150 12,985

$ 62,058 $ 22,985

8

NUNAVUT ECONOMIC DEVELOPERS ASSOCIATIONSCHEDULE OF OPERATIONS BY ACTIVITY


AGCTraining 2015

CEDWorkshop

PilotCEDO

TrainingOperating

Core

ProfessionalDevelopment

CoreLanguage

ImplementationTotal2015

REVENUESGovernment of Nunavut $ 10,000 $ 11,600 $ 39,200 $ 192,200 $ 22,000 $ 136,335 $ 411,335CanNor 40,000 46,400 0 0 0 0 86,400Kakivak Association 0 0 0 10,000 0 0 10,000Administration fees 0 0 0 21,075 0 0 21,075Other 0 0 0 23,582 0 0 23,582

50,000 58,000 39,200 246,857 22,000 136,335 552,392EXPENDITURES

Administration fees 0 0 5,500 0 0 15,575 21,075Bad debts 0 0 0 300 0 0 300Communications and marketing 0 0 0 6,034 3,365 0 9,399Facility and office rental 3,282 3,200 10,521 13,460 1,223 0 31,686Insurance 0 0 0 1,560 0 0 1,560Interest and bank charges 0 0 0 438 0 0 438Meetings 5,416 0 0 176 3,797 1,074 10,463Memberships 0 0 0 773 843 0 1,616Office supplies 0 1,704 350 8,944 1,133 269 12,400Professional fees 32,990 33,760 10,459 12,711 0 53,997 143,917Salaries and benefits 0 0 0 138,301 0 0 138,301Training 0 0 9,215 513 3,910 0 13,638Translation and interpretation 0 6,492 0 0 250 25,341 32,083Travel and accommodation 8,377 12,930 3,954 13,490 7,516 40,750 87,017

50,065 58,086 39,999 196,700 22,037 137,006 503,893

EXCESS REVENUES (EXPENSES) $ (65) $ (86) $ (799) $ 50,157 $ (37) $ (671) $ 48,499

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