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Overview

Governance — Landlord Model & Risk-Sharing

January 17, 2026
2 min read

Governance Layer: Landlord Model + Risk-Sharing

Align incentives by making key territory stakeholders landlords/owners rather than tenants.


Baseline Idea (from v3)

The core governance principle:

Stakeholders with territorial sovereignty should own infrastructure, not rent it.

This applies particularly to:

  • Greenland/Kalaallit Nunaat
  • Indigenous communities in Canada
  • Nordic partners (Iceland, Faroe Islands)

Consortium Model

Canada-led Special Purpose Vehicle (SPV) with defined shares:

StakeholderRole
Canadian government entityLead investor, policy alignment
Greenlandic entityLanding rights, local operations
Allied partnersRisk-sharing, market access
Commercial carriersAnchor tenants, traffic commitments

Governance Primitives

Operating Charter

ElementPurpose
Sovereignty-respecting data rulesData residency, lawful access
Decision-making structureBoard composition, voting rights
Dispute resolutionArbitration, jurisdiction

Safety & Environment

  • Safety case documentation
  • Environmental management system
  • Ongoing monitoring and reporting

Revenue Allocation

  • Transparent formulas
  • Direct payments to local communities
  • Reinvestment provisions

Town/City Building

Evolution Path

PhaseGovernance
Industrial campusCorporate operations, contractor housing
Service hamletBasic municipal functions, resident input
Municipal settlementElected local governance, full services

Integration Principles

  • Early Indigenous consultation and partnership
  • Revenue sharing from day one
  • Training and employment targets
  • Cultural and environmental protections

Delivery Gates

Phasing follows the v3 logic: start where Canada can act unilaterally; expand outward.

GateRequirements
TechnicalRoute survey + burial feasibility + repair plan validated
GovernanceLanding permissions + ownership structure + Indigenous consultation
EconomicAnchor tenants + financing plan
OperationsStaffing pipeline + facilities build-out

CAPEX Phasing

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