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2001 - 2004 Annual Report - The Implementation of the Nunavut Land Claims Agreement

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Appendix 2: Schedule of Payments

CAPITAL TRANSFER PAYMENTS

Nunavut Trust: Capital transfer payments
On March 1, 2002, Nunavut Trust made a lump sum payment of $20,504,533.02 to Canada in repayment of the outstanding balance of negotiation loans. (Section 29.1.2)

2001-2002 $ 84,825,841
*(net of loan repayment)
2002-2003 $ 89,682,231
2003-2004 $ 89,682,231

 

RESOURCE ROYALTIES

Nunavut Trust

Resource royalties from
2001 to 2004
$ 1,324,516

 

IMPLEMENTATION FUNDING

Government of Nunavut

To fulfil its responsibilities under the Agreement and Implementation Contract:

2001 $ 1,492,477
2002 $ 2,402,050
2003 $ 850,100

Nunavut Arbitration Board

To fulfil its responsibilities under the Agreement and Implementation Contract (Section 38.1.7)

2001 $ 27,457.00
2002 $ 15,625.00
2003 $ ----

Nunavut Impact Review Board

To fulfil its responsibilities under the Agreement and Implementation Contract (Section 12.2.31 of Agreement and Contract and public review Section 5.14 of the Implementation Contract)

2001 $ 1,664 059 $
$ 424,812 public review
2002 $ 1,709,658
$ 145,405 public review
2003 $ 1,906,906
$ 977,890 public review

Nunavut Planning Commission

To fulfil its responsibilities under the Agreement and Implementation Contract (Section 11.4.3)

2001 $ 2,627,376
2002 $ 2,741,339
2003 $ 3,110,197

Surface Rights Tribunal

To fulfil its responsibilities under the Agreement and Implementation Contract (Section 21.8.1)

2001 $ 200,670 $
2002 $ 179,734 $
2003 $ 188,079 $

Nunavut Water Board

To fulfil its responsibilities under the Agreement and Implementation Contract (Section 13.3.17 of Agreement and Contract and public hearings 5.14 of the Contract)

2001 $ 1,568,104 $
$ 368,729 $ (for public hearings)
2002 $ 1,568,388 $
$ 1,257,088 $ (for public hearings)
2003 $ 1,774,834 $
$ 629 136 $ for public hearings

Nunavut Wildlife Management Board

To fulfil its responsibilities under the Agreement and Implementation Contract (Section 5.2.19)

2001 $ 4,739,908 $
2002 $ 4,691,279 $
2003 $ 4,679,411 $

CAPITAL TRANSFERS TO NUNAVUT TRUST

(Net of Loan Repayment)

May 25, 1993 $ 79,307,736 $
May 25, 1994 $ 50,895,504 $
May 25, 1995 $ 67,860,673 $
May 25, 1996 $ 84,825,841 $
May 25, 1997 $ 84,825,841 $
May 25, 1998 $ 84,825,841 $
May 25, 1999 $ 84,825,841 $
May 25, 2000 $ 84,825,841 $
May 25, 2001 $ 84,825,841 $
May 25, 2002 $ 89,682,231 $
May 25, 2003 $ 89,682,231 $

TOTAL

$ 886,383,421 $

RESOURCE ROYALTY PAYMENTS TO NUNAVUT TRUST

1993 $ 1,260 $
1994 $ 53,060 $
1995 $ 1,089,077 $
1996 $ 1,018,000 $
1997 $ 1,034,210 $
1998 $ 1,180,663 $
1999 $ 1,316,644 $
2000 $ 1,289,717 $
2001 $ 1,123,388 $
2002 $ 183,528 $
2003 $ 17,600 $

TOTAL

$ 8,307,148 $

IMPLEMENTATION PAYMENTS TO NTI, GN and IMPLEMENTING BODIES

1993-1994 $ 26,295,640 $
1995-1995 $ 6,320,187 $
1995-1996 $ 12,434,589 $
1996-1997 $ 13,306,032 $
1997-1998 $ 13,670,874 $
1998-1999 $ 13,988,681 $
1999-2000 $ 15,097,405 $
2000-2001 $ 14,754,467 $
2001-2002 $ 13,113,591 $
2002-2003 $ 14,712,568 $
2003-2004 $ 14,118,556 $

TOTAL

$ 157,812,590 $

 


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  Revised: 2006-10-12
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