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Nunavut Gains Control Over Its Lands and Resources in Historic Agreement

The predominantly Inuit territory is set to manage its rich resource deposits following decades of negotiations with the Canadian government.

  • Nunavut, a predominantly Inuit territory, has signed an agreement with the Canadian government, marking the largest land transfer in Canada's history.
  • The agreement gives Nunavut control over its lands and resources, including the right to collect royalties that would otherwise go to the federal government.
  • The territory of Nunavut, spanning over 2 million square kilometers, is believed to hold some of the richest resource deposits in the country, including gold, diamonds, and rare earth minerals, as well as oil and gas.
  • The agreement comes after decades of negotiations and is set to be fully implemented over the next three years.
  • Nunavut is the last of Canada's three Arctic territories to take full control of its lands, following the Northwest Territories and the Yukon.
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