Journal of Aboriginal Economic Development
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Mi’kmaw-Owned Partnership in Clearwater Seafoods
The keynote presentation at the 2023 Cando Annual Conference focused on telling the story of the acquisition of Clearwater Seafoods by the Mi\u27kmaw Consortium and Premium Brand Seafoods. It highlighted a Mi’kmaw corporate perspective of the acquisition, co-presented Mike McIntyre, Membertou CFO, Jenny Morgan, Clearwater Seafoods LP, Darryl McDonald, CAO Paqtnkek Mi\u27kmaw Nation. This lesson from experience submission is a summary of their presentation which focused on three core aspects of the deal. First was the messaging around building business relationships. The endeavor was only possible because Membertou had a reputation for being community minded, trustworthy, and professional. Second, the deal was crafted to minimize risk to pre-existing community assets the deal would not hurt the borrowing potential of the coalition communities in the near or distant future. Finally, the presentation highlighted the opportunities for Clearwater to expand through strategic innovation. Although Premium Brands was not represented in the presentation, the explanation of their role in the partnership highlights the potential for strategic innovation in the future
The Artist’s Statement—Economic Reconciliation
The outline of the tipi symbolizes community connectedness and a place of warmth, security, wellness, and sacred tradition and value. Inside the tipi, two individual vines intertwine: one representing corporate Canada and the government, and the other representing Indigenous peoples. The intertwining vines embody reconciliation between these two groups through acceptance, balance, understanding, and engagement. Both vines show a similar level of support, highlighting that Indigenous peoples are equally capable, powerful, knowledgeable, and hard-working as mainstream society. Together, through reconciliation, we can contribute greatly to the Canadian economy through our history, land, and resources. That’s why I chose to have the intertwined vines holding up the Earth (economy). The “Turtle Island” landmass on the Earth acknowledges the land of Indigenous peoples, affirming our equal right to be involved in shaping the economy. With a call to action, we can make it happen and increase opportunities for ourselves in the process. The image represents the vision of economic reconciliation, with the value of this vision held within the tipi. Through the intertwined vines and acknowledgment of Turtle Island, the image conveys the message that Indigenous peoples have an equal right to shape the Canadian economy. By taking action, we can make this vision a reality and increase opportunities for ourselves
Moving at the Speed of Business: A Possible Path to First Nation Prosperity Starts with Efficiency
First Nation economic self-determination strategies are constrained by high investment facilitation transaction costs and high jurisdictional implementation switching costs. This paper summarizes a First Nation-led strategy to overcome these constraints. This strategy, which began 55 years ago, uses federal legislation such as the First Nations Fiscal Management Act (FMA) and the Framework Agreement on First Nations Land Management (FA). It is supported by First Nation institutions such as the First Nations Tax Commission, First Nations Financial Management Board, First Nations Land Management Resource Centre, First Nations Finance Authority, and the newly established First Nations Infrastructure Institute. Preliminary observations suggest the FMA-FA strategy has successfully reduced transaction and switching costs on First Nation lands and could accelerate economic self-determination for interested First Nations.
Introduction
In this issue, we present two articles in Lessons from Research. The first article Where exactly are all the First Nation Businesses? Interpreting the First Nation Business Environment in Yukon, 2008-2021 by Ken Coates and Greg Finnegan examines situation of First Nations Businesses in Yukon Territory. As one of the fastest growing economies in Canada and with one of the longest standing land claims agreement the Yukon First Nation Final Agreements, the expectation was that Indigenous business formation would be high. However, Indigenous businesses continue to be underrepresented in the Yukon economy. While there are data challenges in collecting data on Indigenous businesses, a complex picture of factors affecting Indigenous businesses emerges. Future business development will require co-ordinated efforts by First Nations, Territorial, and Canadian governments to address well
Mercer Once Again Serving in Leadership Role for His Indigenous Village In British Columbia
Cameron\u27s dreams fulfilled with her Indigenous-owned Dreamcatcher Promotions company
An article on Michelle Cameron and her Dreamcatcher Promotions company
Introduction: way’ p sn qsyilxw | hello my relations!
Welcome to another issue of Lessons from Experience. This year’s articles take us on a cross country tour where we explore the endless possibilities of economic development within and for Indigenous communities and people. To begin, on a national scale, Transforming Indigenous Procurement: Empowerment, Challenges, and the Road Ahead, provides us with an in-depth view of the world of procurement in Canada and the realities for Indigenous communities, corporations, and individuals to participate in this unique opportunity. Next, we are to celebrate the wonderful successes of Norway House Cree Nation, for their amazing work and dedication to build capacity and success within their community. Within their five-year economic development strategy, the reader learns about the construction of a new health centre, partnerships with mineral exploration companies, and construction of a fibre link from the community to the provincial network, to name a few successes