The Arctic’s breathtaking landscapes and rich biodiversity have sustained Inuit communities for generations. Now, with the SINAA Project Finance for Permanence Agreement, Canada is taking a bold step in protecting these ecosystems while fostering sustainable economic growth in the North.
This historic $200 million investment underscores the commitment to Inuit-led conservation and the long-term prosperity of the Qikiqtani region.
A Game-Changer for Arctic Conservation
Historic Investment and Collaboration
Announced by Prime Minister Justin Trudeau alongside Qikiqtani Inuit Association (QIA) President Olayuk Akesuk, the SINAA Agreement brings together the Government of Canada, QIA, The Pew Charitable Trusts, and the Aajuraq Conservation Fund Society.
This initiative will contribute to Canada’s goal of protecting 30% of its oceans by 2030, adding 3.68% to the country’s marine conservation areas.
Financial Commitments
This agreement represents one of the largest conservation investments in the Arctic:
| Funding Source | Amount | Purpose |
|---|---|---|
| Government of Canada | $200 million | Support for conservation and Inuit-led stewardship |
| Philanthropic Contributions | $70 million | Long-term funding for conservation projects |
| Expected Economic Impact | $318 million | Job creation and regional economic development |
The funds will support conservation efforts, infrastructure, and job opportunities, ensuring Inuit leadership in environmental stewardship for years to come.
Strengthening Indigenous Leadership in Conservation
Protecting Land, Water, and Way of Life
The Qikiqtani region is home to polar bears, narwhals, and other iconic Arctic species. The SINAA Agreement secures their habitats through Inuit-led initiatives that integrate traditional knowledge with modern conservation practices.
Main components include:
- Establishing new protected marine and land areas
- Enhancing protections for existing conservation sites
- Expanding the Inuit stewardship (Nauttiqsuqtiit) program
- Developing conservation centres with essential equipment and resources
These measures ensure that Indigenous knowledge remains at the forefront of environmental protection while sustaining Inuit cultural traditions.
Economic Growth Through Conservation
Beyond environmental benefits, this initiative strengthens economic opportunities for Inuit communities. The newly signed Qikiqtani Fisheries Agreement will:
- Provide funding for offshore commercial fisheries
- Support the acquisition of vessels and equipment
- Offer training programs for Inuit fishers
With these investments, Inuit-led conservation is not only protecting nature but also generating sustainable livelihoods.
A Sustainable Future for the North
Canada’s commitment to Indigenous-led conservation is part of a broader effort to achieve reconciliation while addressing biodiversity loss and climate change.
By working with Inuit communities, the federal government is reinforcing the vital link between cultural heritage, economic resilience, and environmental sustainability.
The SINAA Agreement is more than a financial pledge—it is a blueprint for a future where conservation and economic growth go hand in hand, ensuring that Canada’s Northern ecosystems thrive for generations to come.
Some Takeaways
- $200 million federal investment will fund Inuit-led conservation in the Qikiqtani region.
- SINAA Agreement will protect 3.68% more of Canada’s marine ecosystems, supporting the national conservation target.
- Economic benefits include $318 million in projected regional growth through job creation and infrastructure projects.
- Inuit leadership remains central, ensuring a sustainable balance between environmental protection and economic development.
With this landmark agreement, Canada is reaffirming its commitment to protecting its Northern heritage while empowering Indigenous communities to lead the way.
Sources: Canadian Prime Minister.
