For the last 40 years, co-operatives have grown in the Arctic. And in turn, they’ve helped the Arctic grow. To date, there are 31 co-ops independently owned and operated by Inuit and Dene businesses. They include everything from hotels and cable to construction and arts and crafts. They employ 900 people. And that number is expected to grow.
Gay Lea has found its own way to contribute by helping to fund Financial Literacy Programs. These programs build financial knowledge and confidence so people can make sound financial decisions and participate fully in the economy. Moreover, the courses train co-op and community leaders to make sound financial decisions on behalf of their organizations.
Tailored to the population, the curriculum has been developed with an understanding of the unique cultural, geographic and language context of our northern people. It’s the first program of its kind in our own backyard. We couldn’t be prouder to play a part.