Established in 1984 to manage the settlement outlined in the Inuvialuit Final Agreement (IFA), Inuvialuit Regional Corporation (IRC) represents the collective interests of Inuvialuit. IRC’s goal is to continually improve the economic, social and cultural wellbeing of the Inuvialuit through implementation of the IFA and by all other available means. Through strong partnerships and community‑driven programs, the organization supports economic growth, cultural preservation and opportunities for current and future generations.

Inuvialuit beneficiaries directly control IRC and its subsidiaries through a democratic process of elected directors from each of the six community corporations with chairs at the IRC Board, a process originally outlined in the IFA.