The Nunavut Broadband Development Corporation (NBDC) was created by the members of the Nunavut Broadband Task Force to ensure communities, companies, organizations and individuals not served by existing government networks can get connected to broadband at affordable prices.
NBDC is a not-for-profit corporation, controlled by Nunavut residents. The membership is made up of interested citizens who come from a wide range of backgrounds, including the general public, and people who work for private sector companies, Inuit organizations, community organizations, and hamlets - the only requirement for membership is that you live in Nunavut. Currently 55% of NBDC’s membership are Inuit under the Nunavut Land Claim Agreement, (NLCA). Anyone in Nunavut can sign up to be a member.
Nunavut Broadband Development Corporation owns 100% of the shares of the operating corporation, NBDC Inc., which is recognized as an Inuit firm under the NLCA. NBDC Inc. holds some of the assets of the QINIQ under the direction of the Nunavut Broadband Development Corporation Board of Directors. These assets are held as security for borrowed funds which are being repaid by the network operator SSI Micro Ltd. When these loans have been completely repaid the assets held by NBDC Inc. will be released to the network operator.