La Fédération des coopératives du Nouveau-Québec is owned by its fourteen member co-ops in the Inuit communities of the Hudson and Ungava coasts of Northern-Québec, or Nunavik, as this region is now called. FCNQ was established in 1967 to provide the rapidly growing cooperative movement with more effective powers and services to help attain their vision—Atautsikut/Together—working to develop as a people, leaving none behind.
The main objective of each co-op is to unite the community and to act as a spokesperson for their interests. Therefore the co-op is more than just a store, as is evident from their success in activities as diverse as:
- Operating retail stores with a wide selection of merchandise at competitive prices, often paying back savings in cash and shares to members at the end of the year.
- Banking, post offices, cable TV, and Internet services.
- Management training, staff development, and auditing service.
- Marketing Inuit art across Canada and around the world.
- Operating hotels, a travel agency, and hunting and fishing camps.
- Bulk storage and distribution of crucial oil and fuel supplies.
- Construction projects in Nunavik for housing, schools, etc.
