Financial services

Ensuring access to cost-effective banking services in the Inuit language is essential to enable Nunavut’s youthful population to participate and lead the territory’s economic development and create sustainable opportunities for the future. [...] March 2006 Through funding provided under the Strategic Investments Program through the Department of Economic Development & Transportation and the support of the Department of Indian and Northern Affairs, the QINIQ Financial Service project has produced a set of recommendations contained in this paper that, when implemented, will deliver full banking services in the Inuit language to all Nunavut [...] A fourth member, Glenn Cousins, the Executive Director of Nunavut Economic Forum offers a broad perspective on economic development opportunities and obstacles across Nunavut in his current role in supporting the implementation of the Nunavut Economic Development Strategy and through his previous experience in managing a large retail operation in the territory over several years. [...] Team members consulted key contacts with the federal government – Department of Finance, Industry “Technological change is one of the key drivers of change in the Canada; the financial services marketplace in Canada and around the world. [...] In the face of the changing landscape in the delivery of financial services, Canada like other countries has brought in certain protections to ensure that individuals have the opportunity to obtain banking services as a basic right.