A feasibility study commissioned by Nunavut arts group Qaggiavuut shows that a proposed performing arts centre in Iqaluit would support 408 full-time jobs and inject an estimated $41 million into Nunavut’s economy over its first five years.
In addition, the arts centre, to be known as the Qaggiq Hub, would result in $21 million going into Nunavut’s gross domestic product during construction and a further $44 million into the national GDP.
“The new Qaggiq Hub will provide significant benefits in five key areas: society, health and well-being, education, innovation, and economy,” reads a Qaggiavuut news release. “Cultural, community, government, and business stakeholders agree that investment in cultural facilities will make Iqaluit more livable and drive tourism and economic growth.”
Qaggiavuut has requested the federal government for $30 million to build the Qaggiq Hub as Nunavut is the only province or territory without a performing arts centre, and the organization is striving to strengthen Inuit language and culture through the venue.
Qaggiavuut has representatives at the annual Northern Lights trade show in Ottawa this week to further discussions with key decision-makers.