Sivunivut was successful in obtaining funding to complete an Economic Leakage Study. The goal is to complete an economic leakage study that will help reverse the current trend of outflow of spending from North West River into the neighbouring central Labrador community of Happy Valley – Goose Bay. This study will identify specific business opportunities for North West River that would bring new businesses, jobs and wealth back into the community.
Since the Labrador Inuit Land Claims Agreement (LILCA) was approved, members of the former Labrador Inuit Association are now referred to as "Beneficiaries". Beneficiaries in North West River and Sheshatshiu, are represented in the Nunatsiavut Assembly by Sivunivut Inuit Community Corporation Incorporated (formerly North West River ICC). Sivunivut Corporation is headed by a Chairperson and a Board of Directors. Mina Campbell-Hibbs was elected as the first Chairperson of the NWR ICC on September 19, 2006.