Business Ventures
By 1997, Adams had founded several businesses, including Kudlik Electric Ltd., Kudlik Construction Ltd., Rankin Inlet's Nanuq Inn and Ottawa's Umingmak Expediting Ltd. Adams is also president of Polar Bear Cave Investments, a company that owned the Nanuq Inn until its closure in 2003. As of 2009, Adams' company still owed approximately C$350,000 in unpaid interest to the Nunavut Business Credit Corporation, a Crown corporation. The initial loan was taken out to fund the opening of the Nanuq Inn. According to Adams, the Corporation was considering writing off the debt prior to its headquarters' relocation from Cape Dorset to Iqaluit.
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Famous quotes containing the words business and/or ventures:
“I have always had something to live besides a personal life. And I suspected very early that to live merely in an experience of, in an expression of, in a positive delight in the human cliches could be no business of mine.”
—Margaret Anderson (1886–1973)
“If one ventures a word with you, will you be offended? But who can keep from speaking?”
—Bible: Hebrew, Job 4:2.
Eliphaz, one of Job’s “comforters,” to Job.