Madam Speaker, I want to thank the member for her continued advocacy on behalf of her constituents.
As the member knows, on May 13, the independent, arm's length Nunavut Impact Review Board submitted its report on the Baffinland Iron Mines' Mary River phase two project. We thank it for its important work and all northern and indigenous partners for their participation in the NIRB process.
Last July, the government extended the timeline to issue a decision in collaboration with project proponents and northern and indigenous partners. No decision has been made at this time. We will take the time to review the report along with federal officials. A decision will be taken following appropriate due diligence and comprehensive analysis, including whether the duty to consult has been met or not.
I note that prior to the Nunavut Impact Review Board's recommendation, the Minister of Northern Affairs travelled to Pond Inlet, Nunavut, in August of 2021 and met with the community project proponents QIA and Mittimatalik Hunters and Trappers Organization. Furthermore, since 2018, the department, through the northern participant funding program, has approved financial support to 13 organizations involved in the phase two review, with a total funding amount of $2,089,452. This funding has helped ensure the meaningful participation of north Baffin Inuit and other interested parties in the phase two review process.
It is important to consider that there is currently a comprehensive review taking place by the Canadian Northern Economic Development Agency, working with partners to understand the recommendation by NIRB and to assess the duty to consult. During the decision phase, parties wanting to share their opinions on the board's recommendation should contact the president of the Canadian Northern Economic Development Agency.
Creating employment opportunities through sustainable economic development to benefit Nunavummiut and all Canadians continues to be a priority for this government. That is why our federal budgets include strong measures and create investments to support the economy in the north and strengthen Arctic and northern communities. Building on past budget investments, budget 2022 proposes to provide $15 million over five years, starting in 2022-23, to support indigenous economic development in the north. I know that the minister works closely with territorial and Inuit partners and all communities in Nunavut to make sure that their interests are protected.
It is imperative that indigenous peoples are full partners in natural resource projects. We work to strengthen the Inuit-Crown partnership through meaningful collaboration while creating a more prosperous Inuit Nunangat. Our efforts are guided by the values and principles of the Inuit Nunangat policy.
I remind the hon. member that the Government of Canada remains committed to protecting the interests of all Nunavummiut and we will do this in the spirit of reconciliation, guided by the Inuit Nunangat policy.