The serious economic effects caused by COVID-19 are a key concern for Atlantic Indigenous businesses and communities because of pre-existing risks, vulnerabilities and challenges.
In this Briefing Note, APEC examines community economic and financial risks, Indigenous business risks, community and individual socio-economic vulnerabilities, and community health risks.
The National Indigenous Economic Development Board
Year of publication:
2019
The 2019 National Indigenous Economic Development Board (NIEDB) Economic Progress Report
provides a thorough and in-depth analysis of the economic realities of Indigenous peoples in Canada.
The report includes three core indicators: employment; income; and, community well-being. These core
indicators are examined through 13 separate measures. Additionally, five underlying indicators are
considered: education; entrepreneurship and business development; governance; lands and resources;
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"In October of 2008, the National Network for Urban Aboriginal Economic Development held a National Gathering to identify the next steps in the development of the Network. One critical issue identified in those discussions was the need to ensure a dedicated focus on Aboriginal women in urban areas. The participants recognized that Aboriginal women face particular barriers in becoming active members of the workforce, and in starting up and sustaining business enterprises. Members of the Network identified two key points.
"To bring together industry leaders and Aboriginal organizations to share best practices in partnership building and promote further engagement from both communities, the Public Policy Forum organized a national workshop at The Westin in Ottawa on June 4, 2009, with a private reception the evening before.
"This national roundtable series convened leaders from Canada’s natural resources sector, Aboriginal communities and the public sector. The themes and issues discussed are summarized in the attached documents. A number of key themes were reflected in the dialogue, including: Labour Market Development; Community Readiness; Financing and Financial Literacy; Partnerships and Collaboration; Measurements of Success; Best Practices and Case Studies."
"Aboriginal leaders are determined to make their communities self-reliant by reducing their high unemployment and their dependence on government. They are doing that by creating wealth and employment through community-owned enterprises. Using case studies, Creating Wealth and Employment in Aboriginal Communities discusses six key factors that contribute to the success of Aboriginal community-owned enterprises."
"The non-profit Aboriginal Financial Officers Association of Canada (AFOA) works to enhance the financial and management practices and skills of Aboriginal people. It does so by providing relevant, accessible and up-to-date learning opportunities, and by sharing best practices using technology and e-learning practices. For instance, AFOA created the Aboriginal Centre for Finance and Management Excellence, a one-stop web portal for Aboriginal people across the country interested in this field.
"Challenging traditional notions of development, these essays critically examine bottom-up, community economic development strategies in a wide variety of contexts: as a means of improving lives in northern, rural and inner-city settings; shaped and driven by women and by Aboriginal people; aimed at employment creation for the most marginalized. Most authors have employed a participatory research methodology.