| Compensation
Money
Kuujjuamiut Inc. shall administer
the compensation monies from Hydro Quebec through five funds:
Kuujjuaq Fish Fund:
Used to compensate any Inuit
of Kuujjuaq including any Inuit commercial fisherman of Kuujjuaq
when overall yearly harvest from the Caniapiscau-Koksoak River
system are smaller than what they were in the years preceding
the Caniapiscau diversion, taking into account equal fishing
effort.
Domestic Navigation Fund:
To be used to carry out or to
have carried out remedial measures to facial light vehicles
in or along the shores of the Koksoak River upstream of Kuujjuaq.
Fund also to be used to compensate
persons or institutions for property loss or damage caused
by the diversion of the Caniapiscau River suffered by an Inuk
beneficiary of the JBNQA, any Native person from Kuujjuaq
or any Inuit legal entity.
Research, Remedial Measures
and Enhancement Fund:
This Fund to be used to develop
a program for monitoring the environmental and social impacts
of the Diversion; to conduct research necessary for this monitoring;
to carry out remedial measures designed to reduce the environmental
and social impacts in the Kuujjuaq area; and to be used for
enhancement programs for fish and wildlife in the region.
Resource Fund:
Fund to be used for economic,
social and cultural benefit of Inuit of Kuujjuaq (for community
purposes).
Economic Assistance Fund:
This Fund to be used to provide
financial assistance to Inuit individuals and organizations
of Kuujjuaq.
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