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Indigenous economic development involves activities that support Indigenous communities through business development, jobs, and natural resources. It can include community-owned businesses, private enterprises, and partnerships with industry.

Yes! Benefits include job creation, community infrastructure development, revenue generation, and increased control over natural resources. It can also lead to funding for community services, health care, education, and cultural preservation generated through the local economy.

Indigenous economic development is a part of reconciliation that addresses economic inequities and builds stronger relationships between Indigenous and non-Indigenous Canadians.

Many communities face challenges like limited access to capital, legal issues, infrastructure gaps, and barriers to building partnerships with industry.

Absolutely. Indigenous values emphasize sustainability, seven generations, community well-being, respect for the land, and a long-term approach to resource management. These values shape economic development projects and guide decisions.

Partnerships with governments, private industry, and financial institutions are often a part of Indigenous economic development. They can provide access to capital, technology, and expertise to support projects.

We advise non-Indigenous businesses to seek opportunities to form equitable partnerships, joint ventures, and procurement agreements. These collaborations must include cultural sensitivity, mutual respect, trust, and benefit-sharing.

An Indigenous EDO helps Indigenous communities plan, implement, and manage economic development projects. They often work with businesses, governments, and community leaders to create economic opportunities that align with the community or Nation’s values where they are located.

EDOs support growth by identifying funding opportunities, creating business plans, supporting partnerships, promoting economic development, and providing recommendations based on their experience and education. EDOs can support skill development and help communities build capacity for long-term economic success in everything from natural resources to infrastructure.

EDOs come from many backgrounds, including business administration, economic development, and public administration. Some have lots of experience supporting their communities, and others are new to the field. EDOs may have formal education in Indigenous governance and economic development offered by organizations like Cando (Council for the Advancement of Native Development Officers). A great place to start is to review the links on our For New Economic Development Officers page.

EDOs connect people and organizations to resources, funding, and opportunities. They provide advice, build partnerships, and promote community growth. Their actions directly and indirectly support local entrepreneurs and businesses.

Depending on their location, job description, and community needs and resources, EDOs can work on many types of projects including community-owned businesses, resource management, tourism, infrastructure development, and capacity building.