{"id":6813,"date":"2021-06-23T14:41:32","date_gmt":"2021-06-23T18:41:32","guid":{"rendered":"https:\/\/aboriginalbusinessmagazine.com\/?p=6813"},"modified":"2021-06-23T14:42:03","modified_gmt":"2021-06-23T18:42:03","slug":"evidence-is-strong-of-emerging-empowerment-of-the-indigenous-economy","status":"publish","type":"post","link":"https:\/\/aboriginalbusinessmagazine.com\/?p=6813","title":{"rendered":"Evidence is strong of emerging empowerment of the Indigenous economy\u00a0"},"content":{"rendered":"

By Shari Narine<\/em><\/p>\n

\u00a0Local Journalism Initiative Reporter<\/em><\/p>\n

\"\"<\/a>

Carol Anne Hilton<\/p><\/div>\n

\u00a0With Canada facing a $400 billion debt as a result of the coronavirus pandemic, Indigenous peoples can play a vital role in strengthening the country’s economic situation.<\/p>\n

\u00a0 “Indigenous people are saying we want to succeed in business, we want to be included, we want to be part of the solution,” said Carol Anne Hilton in the keynote address Tuesday morning at the Indigenomics by Design virtual economic forum held in Victoria.<\/p>\n

\u00a0 In 2019, Hilton, founder of the Indigenomics Institute, told chiefs at the annual general assembly for the Assembly of First Nations that a $100 billion national Indigenous economic target was not unrealistic.<\/p>\n

\u00a0 “What was important about (that) moment was being able to look at a future trajectory of Indigenous economic power. It centred who we are as Indigenous people in a narrative of success and it shifted our focus to be able to demonstrate who we are as people, the resilience that we’ve come from and our ability to facilitate our economic strength today and into the future,” she said.<\/p>\n

\u00a0 Hilton pointed to multiple billion-dollar projects and budgets already being accessed or established by Indigenous communities and businesses as evidence of the emerging $100 billion Indigenous economy.<\/p>\n

\u00a0In Alberta, she points to the province’s Indigenous Opportunities Corporation, which has budgeted $1 billion to backstop natural resource projects undertaken by Indigenous communities and companies; two projects have already received loan guarantees.<\/p>\n

\u00a0Project Reconciliation, a First Nations group, recently expressed its intentions to launch an up to $1 billion sovereign wealth fund that would see First Nations communities partner with Corporate Canada to invest in energy transition projects.<\/p>\n

\u00a0In British Columbia, the Squamish Nation signed a billion-dollar land deal to see the construction of an LNG plant to ship gas to Asia.<\/p>\n

\u00a0In Nova Scotia, a Mi’kmaq coalition sealed a $1 billion deal to purchase Clearwater, one of the largest seafood companies in North America.<\/p>\n

\u00a0The federal government has committed to awarding at least five per cent of its procurement contracts to Indigenous providers, a deal, says Hilton, that could easily result in $1 billion being spent.<\/p>\n

\u00a0Hilton also points to the opportunities that are now possible through the B.C. Declaration on the Rights of Indigenous Peoples Act, which became law in BC in late 2019, and the United Nations Declaration on the Rights of Indigenous Peoples Act, which became federal law last week.<\/p>\n

\u00a0“(We need) to be able to understand how that expresses itself as economic power. The normalization of hitting $100 billion in five years ? is not only possible but calls on our leadership to pay attention and to engage within this concept,” she said.<\/p>\n

\u00a0Hilton says its about changing the perception of Indigenous people being seen as a problem that needs to be solved and as cost or burden to the national financial system. She says Canada is founded on that belief: residential schools, the **>reserve<** system and the **>Indian<** Act.<\/p>\n

\u00a0“The response to the Indian problem was the grand design of the destruction of the Indigenous population,” she said.<\/p>\n

\u00a0The Indian Act, she points out, “was to serve the economic disorientation of the Indigenous population and the dis-invitation to the economic table” of Canada.<\/p>\n

\u00a0“The perception and lens of seeing Indigenous people through the cost side of the equation of this country is an old story. It’s time to get over that story. The story that we can choose is of Indigenous economic empowerment and that story has chosen itself in the uptake of Indigenous resilience over time. We are still here,” said Hilton.<\/p>\n

\u00a0For a fulsome Indigenous economy to be realized, the capital needs to reach the businesses and keep up with the pace of growth.<\/p>\n

Youth also must have the opportunities for training and education.<\/p>\n

\u00a0“Indigenomics is about imagining a radically different future (and) we need to be actively engaged with (this) within our governments, within our policy tables, within the corporate boardrooms, and within our ability to facilitate economic partnerships at business development. It’s time to get ready,” said Hilton.<\/p>\n

\u00a0Indigenomics by Design virtual economic forum is a two-day event that concludes June 23.<\/p>\n

Shari Narine\u00a0<\/em>is a Local Journalism Initiative reporter who works out of the Windspeaker.com . The Local Journalism Initiative is funded by the Government of Canada.<\/em><\/p>\n

 <\/p>\n

\n","protected":false},"excerpt":{"rendered":"

By Shari Narine \u00a0Local Journalism Initiative Reporter \u00a0With Canada facing a $400 billion debt as a result of the coronavirus pandemic, Indigenous peoples can play a vital role in strengthening the country’s economic situation. \u00a0 “Indigenous people are saying we want to succeed in business, we want to be included, we want to be part …<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":""},"categories":[32,26,39],"tags":[],"yoast_head":"\nEvidence is strong of emerging empowerment of the Indigenous economy\u00a0 - Aboriginal Business Magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/aboriginalbusinessmagazine.com\/?p=6813\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Evidence is strong of emerging empowerment of the Indigenous economy\u00a0 - Aboriginal Business Magazine\" \/>\n<meta property=\"og:description\" content=\"By Shari Narine \u00a0Local Journalism Initiative Reporter \u00a0With Canada facing a $400 billion debt as a result of the coronavirus pandemic, Indigenous peoples can play a vital role in strengthening the country’s economic situation. \u00a0 “Indigenous people are saying we want to succeed in business, we want to be included, we want to be part ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/aboriginalbusinessmagazine.com\/?p=6813\" \/>\n<meta property=\"og:site_name\" content=\"Aboriginal Business Magazine\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AboriginalBusinessMagazine\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-23T18:41:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-06-23T18:42:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/aboriginalbusinessmagazine.com\/wp-content\/uploads\/2021\/06\/Carol-Anne-Hilton.jpg\" \/>\n<meta name=\"author\" content=\"Lynda Powless\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:site\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lynda Powless\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/?p=6813#article\",\"isPartOf\":{\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/?p=6813\"},\"author\":{\"name\":\"Lynda Powless\",\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/#\/schema\/person\/3664e73942dc1372354a65437d34fa77\"},\"headline\":\"Evidence is strong of emerging empowerment of the Indigenous economy\u00a0\",\"datePublished\":\"2021-06-23T18:41:32+00:00\",\"dateModified\":\"2021-06-23T18:42:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/?p=6813\"},\"wordCount\":734,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/#organization\"},\"articleSection\":[\"Business\",\"Finance\",\"ticker\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/aboriginalbusinessmagazine.com\/?p=6813#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/?p=6813\",\"url\":\"https:\/\/aboriginalbusinessmagazine.com\/?p=6813\",\"name\":\"Evidence is strong of emerging empowerment of the Indigenous economy\u00a0 - Aboriginal Business Magazine\",\"isPartOf\":{\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/#website\"},\"datePublished\":\"2021-06-23T18:41:32+00:00\",\"dateModified\":\"2021-06-23T18:42:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/?p=6813#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/aboriginalbusinessmagazine.com\/?p=6813\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/?p=6813#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/aboriginalbusinessmagazine.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Evidence is strong of emerging empowerment of the Indigenous economy\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/#website\",\"url\":\"https:\/\/aboriginalbusinessmagazine.com\/\",\"name\":\"Aboriginal Business Magazine\",\"description\":\"Your source for Aboriginal Business News\",\"publisher\":{\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/aboriginalbusinessmagazine.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/#organization\",\"name\":\"Aboriginal Business Magazine\",\"url\":\"https:\/\/aboriginalbusinessmagazine.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/aboriginalbusinessmagazine.com\/wp-content\/uploads\/2015\/01\/AB_logo2.png\",\"contentUrl\":\"https:\/\/aboriginalbusinessmagazine.com\/wp-content\/uploads\/2015\/01\/AB_logo2.png\",\"width\":300,\"height\":149,\"caption\":\"Aboriginal Business Magazine\"},\"image\":{\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/AboriginalBusinessMagazine\/\",\"https:\/\/twitter.com\/newsattheturtle\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/#\/schema\/person\/3664e73942dc1372354a65437d34fa77\",\"name\":\"Lynda Powless\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/aboriginalbusinessmagazine.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7e7951732a3d91daf1274e121f087774?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7e7951732a3d91daf1274e121f087774?s=96&d=mm&r=g\",\"caption\":\"Lynda Powless\"},\"url\":\"https:\/\/aboriginalbusinessmagazine.com\/?author=4\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Evidence is strong of emerging empowerment of the Indigenous economy\u00a0 - Aboriginal Business Magazine","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/aboriginalbusinessmagazine.com\/?p=6813","og_locale":"en_US","og_type":"article","og_title":"Evidence is strong of emerging empowerment of the Indigenous economy\u00a0 - Aboriginal Business Magazine","og_description":"By Shari Narine \u00a0Local Journalism Initiative Reporter \u00a0With Canada facing a $400 billion debt as a result of the coronavirus pandemic, Indigenous peoples can play a vital role in strengthening the country’s economic situation. \u00a0 “Indigenous people are saying we want to succeed in business, we want to be included, we want to be part ...","og_url":"https:\/\/aboriginalbusinessmagazine.com\/?p=6813","og_site_name":"Aboriginal Business Magazine","article_publisher":"https:\/\/www.facebook.com\/AboriginalBusinessMagazine\/","article_published_time":"2021-06-23T18:41:32+00:00","article_modified_time":"2021-06-23T18:42:03+00:00","og_image":[{"url":"https:\/\/aboriginalbusinessmagazine.com\/wp-content\/uploads\/2021\/06\/Carol-Anne-Hilton.jpg"}],"author":"Lynda Powless","twitter_card":"summary_large_image","twitter_creator":"@newsattheturtle","twitter_site":"@newsattheturtle","twitter_misc":{"Written by":"Lynda Powless","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/aboriginalbusinessmagazine.com\/?p=6813#article","isPartOf":{"@id":"https:\/\/aboriginalbusinessmagazine.com\/?p=6813"},"author":{"name":"Lynda Powless","@id":"https:\/\/aboriginalbusinessmagazine.com\/#\/schema\/person\/3664e73942dc1372354a65437d34fa77"},"headline":"Evidence is strong of emerging empowerment of the Indigenous economy\u00a0","datePublished":"2021-06-23T18:41:32+00:00","dateModified":"2021-06-23T18:42:03+00:00","mainEntityOfPage":{"@id":"https:\/\/aboriginalbusinessmagazine.com\/?p=6813"},"wordCount":734,"commentCount":0,"publisher":{"@id":"https:\/\/aboriginalbusinessmagazine.com\/#organization"},"articleSection":["Business","Finance","ticker"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/aboriginalbusinessmagazine.com\/?p=6813#respond"]}]},{"@type":"WebPage","@id":"https:\/\/aboriginalbusinessmagazine.com\/?p=6813","url":"https:\/\/aboriginalbusinessmagazine.com\/?p=6813","name":"Evidence is strong of emerging empowerment of the Indigenous economy\u00a0 - Aboriginal Business Magazine","isPartOf":{"@id":"https:\/\/aboriginalbusinessmagazine.com\/#website"},"datePublished":"2021-06-23T18:41:32+00:00","dateModified":"2021-06-23T18:42:03+00:00","breadcrumb":{"@id":"https:\/\/aboriginalbusinessmagazine.com\/?p=6813#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/aboriginalbusinessmagazine.com\/?p=6813"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/aboriginalbusinessmagazine.com\/?p=6813#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/aboriginalbusinessmagazine.com\/"},{"@type":"ListItem","position":2,"name":"Evidence is strong of emerging empowerment of the Indigenous economy\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/aboriginalbusinessmagazine.com\/#website","url":"https:\/\/aboriginalbusinessmagazine.com\/","name":"Aboriginal Business Magazine","description":"Your source for Aboriginal Business News","publisher":{"@id":"https:\/\/aboriginalbusinessmagazine.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/aboriginalbusinessmagazine.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/aboriginalbusinessmagazine.com\/#organization","name":"Aboriginal Business Magazine","url":"https:\/\/aboriginalbusinessmagazine.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aboriginalbusinessmagazine.com\/#\/schema\/logo\/image\/","url":"https:\/\/aboriginalbusinessmagazine.com\/wp-content\/uploads\/2015\/01\/AB_logo2.png","contentUrl":"https:\/\/aboriginalbusinessmagazine.com\/wp-content\/uploads\/2015\/01\/AB_logo2.png","width":300,"height":149,"caption":"Aboriginal Business Magazine"},"image":{"@id":"https:\/\/aboriginalbusinessmagazine.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/AboriginalBusinessMagazine\/","https:\/\/twitter.com\/newsattheturtle"]},{"@type":"Person","@id":"https:\/\/aboriginalbusinessmagazine.com\/#\/schema\/person\/3664e73942dc1372354a65437d34fa77","name":"Lynda Powless","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/aboriginalbusinessmagazine.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7e7951732a3d91daf1274e121f087774?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7e7951732a3d91daf1274e121f087774?s=96&d=mm&r=g","caption":"Lynda Powless"},"url":"https:\/\/aboriginalbusinessmagazine.com\/?author=4"}]}},"_links":{"self":[{"href":"https:\/\/aboriginalbusinessmagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/6813"}],"collection":[{"href":"https:\/\/aboriginalbusinessmagazine.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aboriginalbusinessmagazine.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aboriginalbusinessmagazine.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/aboriginalbusinessmagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6813"}],"version-history":[{"count":1,"href":"https:\/\/aboriginalbusinessmagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/6813\/revisions"}],"predecessor-version":[{"id":6815,"href":"https:\/\/aboriginalbusinessmagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/6813\/revisions\/6815"}],"wp:attachment":[{"href":"https:\/\/aboriginalbusinessmagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aboriginalbusinessmagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aboriginalbusinessmagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}