That is why the Government of Canada is investing in projects to equip Indigenous … A key component of the Federal Framework for Aboriginal Economic Development, Strategic Partnerships Initiative provides a coordinated federal response to existing and emerging Indigenous economic development opportunities. With the economic downturn in the minerals sector and persistent socio-economic challenges facing First Nations communities, the strategic focus has shifted to addressing the underlying pre-conditions to economic development, namely individual and community wellbeing.

Gabriel Dumont Institute Training and Employment Inc. Full participation of First Nations, Métis, Non-Status Indians and Inuit individuals and communities in the economy. A skilled and entrepreneurial workforce is critical to drive economic growth in Western … Canadian First Nations (the preferred name for most indigenous communities) have in recent years established over 200 economic development corporations, many of them hybrid organizations partnering with non-Aboriginal resource corporations. With a focus on community economic readiness, the Strategic Partnerships Initiative supports Indigenous participation in the economy, with a particular emphasis on the emerging opportunities in the resource development sectors, including forestry, fisheries, mining, energy and agriculture.

Copyright © 2020 Elsevier B.V. or its licensors or contributors. … Stephanie.blondin@aadnc-aandc.gc.ca, Plus an additional 53,000,000 (2014–2018 to date) for the West Coast Energy Initiative. Fiscal year of planned completion of next evaluation: The Evaluation of Economic Development Capacity and Readiness is planned to be completed in fiscal year 2020-21 and the organization leading the evaluation is Crown-Indigenous Relations and Northern Affairs Canada. The main conclusion is that incremental own-source revenue improves community socio-economic conditions, but only modestly. Ring of Fire: Since 2010, the federal government has pursued a coordinated, whole-of-government approach to support the development of the Ring of Fire, a mineral rich region in Northern Ontario. Today’s announcement is for 45 Indigenous Economic Growth projects across the four Western provinces: You will not receive a reply. From 2014-2015 to March 31, 2018 $53,000,000 in Grants & Contributions was allocated for the West Coast Energy Initiative (an additional amount of $8,000,000 is also allocated for 2018-2019). Crown-Indigenous Relations and Northern Affairs Canada Search for related information by keyword: News Release: Government of Canada Invests in Indigenous Economic Development across Western Canada, Indigenous communities in British Columbia to benefit from investment in cultural tourism, Develop and implement an Indigenous pipeline monitoring program, Develop and implement an Indigenous Pipeline Construction Worker Program, Deliver an office skills development and testing program to Indigenous people, Develop an innovative database to manage skills, employment and traditional lands, Increase the capacity of Alberta Indian Investments to generate Indigenous business growth, Purchase heavy equipment to expand First Nation business opportunities, Establish Indigenous beekeeping demonstration project, Purchase equipment to expand First Nation business opportunities, Develop a solar park for sustainable energy for the Ermineskin Cree Nation, Wabasca & Region Atoske Action Group Society, Deliver pre-healthcare career training to local Indigenous people in the Wabasca Region, Heiltsuk Economic Development Corporation, Support Indigenous business development in seafood processing sector, Support Indigenous business development in mining for the Ktunaxa Nation, Deliver business training, acceleration, and incubation for Sto:lo Indigenous businesses, Develop Yaqan Indigenous Agriculture Business, Establish an Aboriginal Centre of Excellence in Sustainability in Merritt, BC, Acquire equipment and upgrade the Squamish Nation Training and Trades Centre in BC, Construct transmission system to support Indigenous clean energy infrastructure, Support Indigenous training/business development in virtual/augmented reality technology, Establish Songhees Innovation Centre for Indigenous businesses on Vancouver Island, Deliver the Aboriginal Canadian Entrepreneurship (ACE) Artists Pilot Program in BC, Increase Indigenous access to digital skills training in BC, Develop the Tsilhqot'In Solar Farm in Chilcotin, BC, Purchase and equip trailers for trade-related training in Indigenous communities, Fisher River Economic Development Corporation, Install a solar farm in Fisher River Cree Nation, Expand trades training at Atoskiwin Training and Employment Centre, Manitoba Food Charter Inc. (Food Matters Manitoba), Establish a portable farming system in Norway House, Manitoba, Purchase automated pharmaceutical equipment to expand business opportunities, Install geothermal heating systems in 600 First Nation homes in Manitoba, Establish a centre to support upgrade and expansion of broadband access to First Nations, Establish a blast hole drilling training program, Fond du Lac First Nation Development Limited Partnership, Enhance Fond-du-Lac aviation and commercial access in Northern Saskatchewan, Support Indigenous communities by creating the Northern Saskatchewan Policy Unit, Develop the Non-Timber Forest Product industry in Northern Saskatchewan, Support expansion of market garden storage and processing facilities, Facilitate Indigenous employment through assessment, training and industry placement, Strengthen First Nations business capacity in construction and energy service sectors.
The program also supports other key economic development opportunities in areas such as shipbuilding, and tourism. There is a huge imperative to focus on Indigenous economic development, especially since Canada has a large, young and growing Indigenous population.

We analyze the challenges of institutional design of such hybrids, employing the concept of fractionalized ownership. It also ensures that the Government of Canada is able to anticipate, plan for and engages in opportunities; is able to maximize the results of federal investments; and is better positioned to lever funds from non-federal sources. Federal departments and the Province of Ontario are working collaboratively with Matawa First Nations and NGO partners in areas such as comprehensive community planning, strengthening financial management and governance, and client-centered case management. Recently, a report was launched here in Canada by the OECD that talks about ways to better support Indigenous businesses and to link Indigenous economies to regional economies. The Director General Investment Committee completes a review of detailed proposals from federal departments on opportunities for consideration under the program.

Indigenomics is a dialogue and design platform to bring attention and focus to the growing Indigenous Economy.

On November 27, Canada 2020 is continuing the conversation on Indigenous economic development in Canada by hosting our 4th annual forum in Ottawa. The investments announced today are part of the Western Diversification Program (WDP), the main program through which WD makes strategic investments in initiatives that enhance and strengthen the economy of Western Canada. The program builds partnerships among participating federal departments and agencies, Indigenous communities, provincial and territorial governments and the private sector to help Indigenous peoples take advantage of complex market-driven opportunities in key and emerging economic sectors. National Indigenous Economic Development Board: Opportunities for Future Board Members August 31, 2020 - 4:15 pm; Launch of the 2019 Indigenous Economic Reconciliation Report December 10, 2019 - 1:57 pm; Victoria LaBillois and Sandra Sutter named one of Women’s Executive Network 2019 Canada’s Most Powerful Women December 4, 2019 - 4:16 pm Strategic Partnerships Initiative also helps to build closer partnerships with non-federal partners, including provincial and territorial governments, the private sector and Indigenous individuals, organizations, businesses and communities. Indigenous peoples need to be part of Canada’s future, and we have a collective responsibility to make sure that it’s a bright one, no matter where they live. Strategic Partnerships Initiative, where appropriate, can use a single-window approach (shared application, monitoring and reporting) to federal investments in identified priorities and addresses program gaps that might preclude Indigenous participation in economic opportunities. 4th Annual Indigenous Economic Development Forum, The Westin Ottawa, 11 Colonel By Drive, Ottawa, ON K1N 9H4 CA. This process allows funds to flow from multiple programs and departments through one federal lead department in support of the initiative. Indigenous Services Canada (ISC) is helping Indigenous communities get the most from their economic development potential by investing in community readiness, entrepreneurs and businesses, land management, and strategic partnerships. The process of indigenous resource rent capture often requires the creation and management of indigenous-controlled economic development vehicles: economic development corporations (EDCs). The Forum will emphasize the urgent need to keep up the momentum on Indigenous economic reconciliation and development, and will highlight success stories and innovative new approaches to expanding economic and educational opportunities with Indigenous communities across the country. We use cookies to help provide and enhance our service and tailor content and ads. Canadian Indigenous Economic Growth Stakeholders. Indigenous people have been innovating and creating trade opportunities for thousands of years. For enquiries, contact us. We discuss principal-agent problems at two levels: First Nation members relative to their leaders, and leaders relative to managers of economic development corporations. Lands and economic development.

Fish habitat restoration — to encourage sustainable development where pipelines and terminals cross watercourses. Economics ; Tags . This section shares stories and resources to support First Nations and Indigenous communities reach their economic development …

Regional economic opportunities and large resource development projects impacting Indigenous communities are pursued in partnership with public and private sectors. Federal partner organizations: Crown-Indigenous Relations and Northern Affairs Canada; Agriculture and Agri-Food Canada; Canadian Northern Economic Development Agency; Economic Development Agency of Canada for the Regions of Quebec; Federal Economic Development Agency for Southern Ontario; Fisheries and Oceans Canada; Employment and Social Development Canada; Innovation, Science and Economic Development Canada, including FedNor; Natural Resources Canada; Parks Canada; Status of Women Canada; Western Economic Diversification Canada; Environment and Climate Change Canada; Canadian Environmental Assessment Agency; Health Canada. A skilled and entrepreneurial workforce is critical to drive economic growth in Western Canada. Total federal planned spending to date: For both SPI and WCE is $167,750,000. Registrants can join the Forum, the Dinner or both. Presents institutional issues arising with community-owned indigenous corporations. Resource income is associated with modest community benefits in Canadian sample. The Institute works to facilitate the realization of Indigenous modern political, economic, legal and community development objectives.

Canada's forest sector continues to be an important source of employment across the country, including in rural, remote and Indigenous communities. In 2017-18, SPI supported 15 initiatives across Canada and generated almost $65 million in further funding from federal and non-federal sources, and creating or maintaining up to 41 partnerships. Funding is being used in four priority areas to help build Indigenous support for energy projects. © 2016 Elsevier Ltd. All rights reserved. News release. This approach helps the Government of Canada anticipate and plan from these opportunities so its investments are better positioned to leverage funds from non-federal sources. Canada Supports Indigenous-led Economic Development for First Nation Communities in Northern Quebec . In Canada, indigenous communities have strengthened de jure and de facto rights over the last generation, thereby enabling them to realize substantial resource rents and other economic development income. Targets: 1:1.5 leveraging over three years (For every $1 Strategic Partnership Initiative investment an additional $1.50 is leveraged from other sources including private and other public sectors) by March 31, 2018. Early investments focused on helping First Nations in the region prepare for mining development.

Using a sample of Ontario First Nation communities, the empirical section analyzes the impact of own-source revenue (much of it derived from resource projects) on a socio-economic index. Telephone: 819-994-7219
Indigenous economic growth is good for everyone. https://doi.org/10.1016/j.resourpol.2016.07.006.

On November 27, Canada 2020 is continuing the conversation on Indigenous economic development in Canada by hosting our 4th annual forum in Ottawa. First Nations Power Authority of Saskatchewan Inc. Read more Community-Based Economic Development Workshops. In Canada, there are really no policies in place that support Indigenous economic development or Indigenous business development.