
Qalipu Development Corporation (QDC) The Qalipu Development Corporation (QDC) is the business investment arm of the Qalipu First Nation (QFN). Established as an independent, arms-length entity, QDC manages the Band’s investment portfolio, businesses, and properties while pursuing new opportunities that strengthen Qalipu’s economic presence.
QDC oversees several QFN-owned enterprises, including Mi’kmaq Commercial Fisheries (MCF), and actively advances initiatives in the fisheries, forestry, agriculture, and technology sectors. Guided by Qalipu’s strategic vision, the Corporation works to generate sustainable growth, create employment, and maximize long-term benefits for Qalipu members.
Both QDC and MCF are profitable, self-sustaining companies that contribute directly to building prosperity and independence for the Qalipu First Nation.

Mi’kmaq Commercial Fisheries (MCF) is an independent, Indigenous-owned company of the Qalipu First Nation. Acting on behalf of Qalipu members, MCF manages all commercial fishing operations and ensures that inherent Mi’kmaq rights to fish in traditional waters are carried forward with respect and responsibility.
Today, MCF owns or operates sixteen (39) commercial fishing enterprises and has built long-term harvesting partnerships with processors across Newfoundland and Labrador. These arrangements create meaningful opportunities for Qalipu fishers while strengthening the province’s seafood industry.
In 2020, MCF proudly launched WASPU, a premium seal oil supplement rooted in tradition and backed by science. Since then, WASPU has grown from a provincial product to one sold across Canada, with international export arrangements underway. This innovative venture reflects MCF’s commitment to sustainable resource use, economic development, and cultural revitalization.
Learn more about Mi’kmaq Commercial Fisheries and WASPU Oil at mikmaqcf.com.
Contacts
Fax & Mail
Fax: (709) 634-4448
PO Box 20065
Millbrook Mall
Corner Brook NL A2H 7J5
Qalipu Development Corporation
Economic and Nation Relations Strategist
Reisha Knott
(709) 634-2605
rknott@qalipu.ca
Controller
Charise Payne, CPA
(709) 634-6851
charise.payne@qalipu.ca