A listing on the IBL provides Inuvialuit businesses with the opportunity to access the contracting preferences as outlined in the Inuvialuit Final Agreement, Inuvialuit Land Administration permits, Cooperation and Benefits Agreements and other economic agreements signed between IRC, government and industry. The criteria includes requirements relating to Inuvialuit ownership, physical presence and operational capacity.
Inuvialuit Regional Corporation (IRC) has four principal subsidiaries which provide most of IRC’s operational funding. These include Inuvialuit Development Corporation, Inuvialuit Investment Corporation, Inuvialuit Land Corporation and Inuvialuit Petroleum Corporation.