FCNQ - What does FCNQ stand for? The Free Dictionary
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Quebec marketed Inuit art through La Federation des Cooperatives du Nouveau Quebec (FCNQ), run by Inuit managers, whereas the government of the Northwest Territories (NWT) formed Canadian Arctic Producers (CAP) in 1965 with non-Inuit management.
A decline in demand occurred shortly thereafter, when FCNQ's inventory reached $2 million and CAP held inventory valued at more than $1.5 million.