Prime Minister Justin Trudeau has announced a $270-million agreement for jobs and conservation projects in the Qikiqtani region, a majority-Inuit territory that is part of Nunavut.

At a news conference Thursday in Montreal, Trudeau said the deal includes $200 million from the federal government and $70 million pledged by donors in Canada and elsewhere. The investment, he said, is projected to attract $318 million over 15 years to the region, where about 20,000 people live in 13 communities from Hudson Bay to Ellesmere Island.

The federal money is part of an $800 million envelope announced in 2022 for Indigenous-led conservation initiatives, and it follows similar projects established last year in British Columbia and the Northwest Territories.

The agreement adds 3.7 per cent to the portion of Canada鈥檚 oceans under conservation, bringing the national total to 17 per cent. The government calls the addition 鈥渕eaningful progress鈥� toward its goal of conserving 30 per cent of oceans in Canada by 2030.

At the news conference, Trudeau said the deal supports 鈥淚nuit-led conservation initiatives to ensure the long-term health of northern environments. In so doing, we are also building an economy based on conversation, creating jobs where Inuit knowledge will be leveraged and valued to protect northern ecosystems and investing in community infrastructure.鈥�

The SINAA deal 鈥� sinaa means the edge of the ice floe in Inuktitut 鈥� includes a network of proposed Inuit-led water and land conservation areas in the Arctic region.

Trudeau was joined in Montreal by Olayuk Akesuk, president of the Qikiqtani Inuit Association, whose group is part of the SINAA agreement, which also involves the Pew Charitable Trusts and the Aajuraq Conservation Fund Society.

Akesuk says the deal shows that Indigenous Peoples can work together to set an example for the world. 鈥淲e can run conservation areas, whether that鈥檚 in the ocean or on land. And I鈥檓 thankful for the opportunity. This is a big milestone for us.鈥�

The conservation projects, he added, 鈥渨ill create employment opportunities for us and every community in the Baffin region.鈥�

As well, Ottawa says the Fisheries Department signed an agreement with the Qikiqtani Inuit to provide undisclosed funding over 10 years for access to fisheries, boats, gear and training.

鈥擝y Joe Bongiorno, The Canadian Press