On 11 April 2014, the Makivik Corporation and Norterra, owners of Canadian North, announced that they were in negotiations to merge the two airlines. According to a website set up the same day the new airline would be owned equally between the two companies and "a merger would create a stronger, more sustainable business, provide better service to customers and lead to new economic development opportunities across the North - "We believe the two companies would complement each other’s strengths." In October 2014, it was announced the merger would not go through, but First Air would still codeshare some flights with Canadian North.