The Nunatsiavut Government’s 2021-22 balanced budget, delivered during the first-ever virtual sitting of the Nunatsiavut assembly, will help address infrastructure needs in each of the five Labrador Inuit Communities while, at the same time, allow for the development and enhancement of programs, services and initiatives for Beneficiaries of the Labrador Inuit Land Claims Agreement.
The Nunatsiavut Government has delivered a balanced budget worth almost $158-million and covering five Inuit communities in Labrador.
Finance Minister Tony Andersen says they have an extra $7.5 million this year for capital works projects, primarily water and sewer.
He says housing also continues to be a top priority as they work to establish a semi-independent Nunatsiavut Housing Commission by this time next year.
The budget also sets aside $2.9 million for the Torngat Regional Housing Association to build houses in Nunatsiavut this summer. Funding is also being set aside for staff housing in Nain and Makkovik.
Andersen says they’re setting aside money for energy security initiatives such as the proposed Nain Wind Micro Grid project and installation of high-efficiency wood stoves in their communities.
The budget also sets aside money to address food insecurity.
For more information on the 2021-22 budget check out the website at Nunatsiavut.com