The Naskapi Development Corporation manages an outfitter, road maintenance services, an arts and crafts store and a construction company, among other businesses. In 1984, the Cree-Naskapi (of Quebec) Act removed the Naskapi Nation from the Indian Act and granted it considerable administrative autonomy.
Today, the village has well-equipped community buildings, including an elementary and high school, a CLSC, a fire station, a police station, a community centre, a recreation centre and a radio station that broadcasts shows in the Naskapi language. The community’s main economic activities include adventure tourism, construction, fur trapping and arts and crafts.
The Naskapi, together with the Innu of Matimekush-Lac John and Uashat Mak Mani-Utenam, established a company called Tshiuetin Rail Transportation Inc., which has provided passenger rail service between Sept-Îles and Schefferville since 2004. In 2009, the first satellite cell phone network was set up in Kawawachikamach, thanks to a partnership between Naskapi Imuun and high-tech firms in Québec.
On October 19, 2009, the Naskapi signed an economic and community partnership agreement with Québec, which was based on the Paix des Braves and Sanarrutik agreements signed with the Cree and the Inuit, respectively, in 2002. For the 25-year term of the agreement, equal annual payments will be made to the Naskapi Nation and the Naskapi Development Corporation. This money will be used to fund community and economic projects and implement certain aspects of the Northeastern Quebec Agreement.