Exploring Theme: "Indigenous Economy"

To achieve electrification goals, it will be advantageous for governments to take measures to support Indigenous-industry partnerships. Photo by Kindel Media/Pexels Canada’s National Observer: Indigenous ownership of electrification projects gets them built faster, and the Government of Ontario has taken note of this.  Ontario recently launched its largest competitive energy procurement, promising to incentivize “economic...

There is a tendency in Canada to overlook the fact that Indigenous peoples are overwhelmingly working class. The Maple: Today is the National Day for Truth and Reconciliation, a time not only to reflect on the genocide committed by the Canadian state against Indigenous peoples but also to think critically about the work of reconciliation...

Globe and Mail: Canada is poised to see significant growth in Indigenous-related project financing, international credit rating agency Morningstar DBRS said Monday. In a report released on the fourth annual national day for Truth and Reconciliation, the credit rating agency said Indigenous-related capital markets activity is on a steady upward trend with “considerable potential” for...

Increased Indigenous participation in Alberta’s labour market could boost the province’s GDP by between two and three percentage points, the equivalent of $8 billion to $11 billion annually, according to the findings of a new report. Toronto Star: EDMONTON – Increased Indigenous participation in Alberta’s labour market could boost the province’s GDP by between two...

NationTalk: Edmonton-ATB Financial and national professional services firm MNP have released a second report highlighting the growing economic contributions of Indigenous people in Alberta. An estimated 350,000 and 360,000 Indigenous people lived in Alberta in 2023, representing about 7.5% of the province’s population – a growth of approximately 12 to 15 per cent since 2019....

$7M going to 18 projects across northern Ontario Thunder Bay-Superior North MP, Minister of Indigenous Services, and Minister Responsible for FedNor Patty Hajdu announces funding for Indigenous-led economic development projects at Lakehead University on Friday. (Kris Ketonen/CBC) CBC Indigenous: Eighteen Indigenous-led economic development projects in northern Ontario are getting a financial boost from the federal government....

Indigenous ownership in projects mitigates land-claims conflict, reduces regulatory risks for all investors, and creates other spinoff benefits. Toronto Star: Economic Indigenous reconciliation is becoming big business in Canada. Indigenous Peoples are significant owners in critical economic sectors, notably energy, transportation and public works infrastructure and financial services. And they are investing at an accelerating...

NationTalk: Ottawa, ON – Today marks the two-year anniversary of the National Indigenous Economic Strategy (NIES), a groundbreaking Indigenous-led initiative dedicated to achieving socioeconomic parity for Indigenous Peoples in Canada. This historic milestone is a significant achievement in the ongoing journey toward economic reconciliation and prosperity. The NIES is the result of a collaboration among...

NationTalk: Unceded Algonquin Territory, Ottawa, Ontario) – Speaking at a closed-door roundtable meeting organized by the federal government in Ottawa yesterday, the Assembly of First Nations (AFN) National Chief, Cindy Woodhouse Nepinak, identified three principles to guide economic reconciliation in Canada, including decolonizing the Canadian economy, refining the process for recognizing First Nations identity, and...

Canoes are stacked for the winter as the sun rises on the Fort Hope First Nation in northern Ontario. An eSupply Canada analysis of the total revenue spent on materials and supplies by Indigenous businesses found that Ontario had the third-highest average among provinces at 8.67 per cent. Toronto Star: First Nations in Canada could...

For Immediate Release NationTalk: OTTAWA – A consortium of national indigenous organizations (NIO,s) is hosting the First Nations Economic Forum at the Delta Hotel in Winnipeg, MB on May 13-14, 2024, to develop an economic framework and identify who initiatives to prioritize to advance First Nations economies and generate more prosperity. Currently, First Nations governments. economic...

NationTalk:  Indigenous Services Canada – Yesterday, the Honourable Patty Hajdu, Minister of Indigenous Services, convened an economic reconciliation roundtable between Indigenous leaders from National Indigenous Organizations and national Indigenous economic institutions, executives from Canada’s banks and the financial sector, and federal Ministers and senior officials to discuss shared goals and challenges, and to explore opportunities...

NationTalk: What are the opportunities and challenges surrounding Indigenous Peoples’ right to traditional economies, sustainable development and food security in the age of climate change? On Feb. 8-9, media are invited to join as Indigenous and non-Indigenous academics, practitioners, advocates and other Indigenous human rights experts discuss these questions and more at an expert seminar...

Indigenous people have been left out of Canada’s economy for too long. But our future growth—and even our ability to reach net zero goals by 2050—depends on changing that Chief Wayne McQuabbie of Henvey Inlet First Nation, home to the largest on-reserve wind installation in Canada, in Sept. 2023. JOHN PAILLÉ/THE GLOBE AND MAIL The...

The Globe and Mail: OPINION – A new paper from researchers at the Bank of Canada tells us a lot about the state of the Indigenous economy within Canada. But one thing that stands out is how much the paper can’t tell us – because the basic economic data, in 2023, don’t exist. The 30-page overview, published...

Staff Discussion Paper 2023-25 (English) Available as: PDF Attempts to measure aspects of the Indigenous economy in Canada are limited by data availability and quality. Drawing on the most recent data sources and research, we provide an overview of the Indigenous economy in Canada. This includes a discussion of the various characteristics of the Indigenous economy,...