Distribution Payment

Consider applying for direct deposit so that Distribution Payments and Elders Benefit Payments can be deposited directly to you

View the IRC Distribution Policy

The distribution payments are based on 15 per cent of the Average Comprehensive Income for the preceding 10-year period as determined by IRC’s audited consolidated financial statements, prepared in accordance with the International Financial Reporting Standards.

IRC subsidiaries – Inuvialuit Development Corporation, Inuvialuit Investment Corporation, Inuvialuit Land Corporation and Inuvialuit Petroleum Corporation – contribute to the distribution.

The IRC Distribution Policy ensures that there is sufficient reinvestment of profits to guarantee the preservation and growth of the land claim capital for future generations of Inuvialuit. The establishment of the Elders Assistance Program and Inuvialuit Harvesters Assistance Program, the core funding of the Inuvialuit Education Foundation, Inuvialuit Charitable Foundation and Community Corporations have all been made possible through such reinvestment.