Nunavut arts community is talented, growing, but not business savvy (Nunatsiaq News)
Posted by Nordicity in Ottawa on Aug 01, 2014

New report shows need for improved financial literacy

SARAH ROGERS

Iqaluit-based fur designer Victoria Kakuktinniq shows off some of her seal skin, embroidered headbands, on sale at her booth at this year’s Northern Lights business and cultural showcase in Ottawa. Following months of consultations, many Nunavummiut artists say they lack the financial literacy skills to manage their income and budget for projects. (FILE PHOTO)
Iqaluit-based fur designer Victoria Kakuktinniq shows off some of her seal skin, embroidered headbands, on sale at her booth at this year’s Northern Lights business and cultural showcase in Ottawa. Following months of consultations, many Nunavummiut artists say they lack the financial literacy skills to manage their income and budget for projects. (FILE PHOTO)

 

Thousands of Nunavummiut take part and earn a living in the territory’s arts sector, including visual arts and crafts, film and media and performing arts.

There is a growing arts community across Nunavut, but its stakeholders say they face a growing number of challenges when it come to business and administration.

A new report commissioned by the Canada Council for the Arts agency shows Nunavut’s artists need improved financial literacy to manage the income they make from their work.

Between November 2013 and March 2014, consulting firm Nordicity Ltd. met with and surveyed 85 artists and stakeholders to understand how Nunavut’s industry was faring.

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Read more here: http://www.nunatsiaqonline.ca/stories/article/65674nunavuts_arts_community_is_talented_growing_but_not_business_savvy_rep