The Conference Board e-Library Resource

Conference Board Document
Growth of Enterprises in Aboriginal Communities
Report by Robert Anderson, Stelios Loizides
April 2006, Source: The Conference Board of Canada, 28 pages

Research on Aboriginal economic development shows how Aboriginal band-owned enterprises and partnerships with private companies contribute to self-sufficiency and socio-economic improvements, through business growth, and wealth and employment creation.

Document Highlights:

The growth of Aboriginal band-owned enterprises has reduced high unemployment levels and increased self-reliance. Growth of Enterprises in Aboriginal Communities highlights the economic success of five Aboriginal communities. These community businesses use strategic planning and standard business practices, while maintaining traditional Aboriginal values. All community members share the benefits.

This report documents the experience of the Osoyoos Indian Band, Lac La Ronge Indian Band, Membertou First Nation, Mississaugas of the New Credit First Nation and Vuntut Gwitchin First Nation.

These First Nations have established development corporations that select, govern and manage their band-owned enterprises, in order to ensure that the businesses remain profitable and accountable to the communities.

First Nations are searching for ways to gain recognition of their rights and realize their vision of self-reliance. They view business development and growth as vital in terms of achieving economic self-sufficiency for their communities.

http://www.conferenceboard.ca/boardwiseii/signin.asp