The Financial Post reports in its Thursday edition that Cargojet has renewed a partnership with Arctic-focused airline Canadian North to deliver cargo to the region. A Canadian Press dispatch to the Post says that Cargojet, headquartered in Mississauga, Ont., says that under the deal, it will be the exclusive provider for air cargo from Winnipeg and Ottawa to Iqaluit, while Canadian North will continue to distribute shipments across Canada's Arctic. It says the deal aims to increase shipping capacity to the region, and builds upon Canadian North's plans to double the size of its cargo facility in Ottawa by 2026. The five-year agreement marks a continuation of a partnership between the two companies that has being going for more than 22 years. Canadian North is a fully Inuit-owned airline that in early December named Shelly De Caria as its first Inuk president and chief executive officer. Cargojet closed Wednesday at $115.66, up $1.55 on the Toronto Stock Exchange.