Mtis Nation Economic Development Forum II Calgary, October - - PowerPoint PPT Presentation

Métis Nation Economic Development Forum II

Calgary, October 21,2010

Fort Calgary 1880

Context

 Young and Growing Population  Relatively High Labour market

participation rates & self-employment

 Education improving but too few going on

to post secondary

 Lack of Access to capital to participate in

potential business opportunities

 Growing recognition of the importance of

Métis participation in labour market

Uncertain Economic Future

 Three economies (Ontario, Praries,

BC)

 Common shared interests in rural

areas (public service centres & resource development) and in large cities

 Geo-political economic development

realities (Provincial policies)

Uncertain Past

 One step forward two back  Who are the Métis and what rights

do they possess?

 Constitution Act, the inherent right,

the Manitoba land claim and provincial denial of Powley

 Institutional inability to recognize our

history or decisions of their own courts and institutions

What are our Strategic Assets

 Human Capital (large and growing

pop with labour market attachment)

 Ability to influence Training and

Education investments (ASETS and access to other programs)

 Ability to bring large numbers of

people to industry

Strategic Assets Aboriginality

 resource development on or near traditional lands (where duty to

consult and accommodate);

 private and public sector Aboriginal procurement and preference

policies (northern land leases in Saskatchewan);

 projects where the federal government supports public investment

in a business development project;

 the perceived private sector benefit or advantage that comes from

working with or joint venturing with a Metis business (procurement benefits or as our population continues to grow customer centred incentives);

Strategic Assets

 Access to special loan funds (Capital Corporations,

Clarence Campeau Develolpment Fund, MRED’s);

 Potential access to royalties or casino revenues

(Ontario/Saskatchewan); and

 Modest capacity to obtain soft community development

supports (recent).

Major Challenges

 Lack of a land base or ready access to resource

development opportunities (lack of human and financial capital to participate directly);

 Duty to consult and accommodate does not have an

agreed upon, consistent or obvious implementation framework for Metis (or First Nations & Inuit);

 Lack of access to capital particularly non-loan capital

to participate in private sector business and community development business projects;

Challenges

 Underdeveloped human resources pool to take

advantage of emerging opportunities and on a timely basis; and

 Lack of planning supports to ensure Metis

businesses and communities have the capacity to participate in projects on a timely basis

Major Opportunities

 Resource Development and Major Projects rolling out

• ver the next number of years;

 Demographics are opening new job opportunities and

• pportunities to purchase well developed going

concern businesses from owners who are looking to retire;

 Continued growth is creating opportunities for Metis

entrepreneurs; and

Opportunities

 A renewed federal outlook and economic

development framework to build upon Metis assets, address the challenges and gaps in economic development so that Metis can effectively take timely advantage of major opportunities in the economy.

 It is a win-win opportunity, but before examining

potential elements of a new policy

What has not worked

 Pan Canadian or Pan Aboriginal  Mixing politics with development  Programs that fail to address core

governance and capacity

 Approaches that are not tailored to

Métis businesses

 Unionized Administrative solutions

that put bums in chairs (lower cost delivery solutions)

MNC Federal Framework Submission



Practical best practice based developmental solution



Devolution to Métis institutions a lower cost more holistic delivery mechanism with a community and business based orientation.



Revolving Capital funds.



Broadening the developmental platform by integrating current employment and business development programs so that they could achieve greater results; and



Seeking equitable access to federal community development funding.

Responsiveness of Federal Framework

 Recognizes the importance of development and usage of Métis

Nation Protocol.

 Implementation of a distinctions based consultation process on

program renewal and in the examination of pilots for women and youth.

 Opportunity Driven Processes  Recognition of importance of Capacity Development

Draft Components of New Economic Development Framework

 Low cost delivery platform to maximize capital for Métis

businesses and community based enterprises.

 Strong Governance and accountability framework that is

market focused and separates business development from politics.

 Capital regeneration of developmental assets (growing assets

• ver time)

 Focused on the return on investment ROI (not a social

program).

Components continued

 A strong focus on economic, business, education and labour

market partnerships and joint-ventures.

 Framework must leverage employment and procurement

policies.

 Distinctions based developmental approach.  Builds on best practices and current M騁is delivery

infrastructure.

Graphical Description

Metis Nation Enterprise Development Fund

 One development fund to support

Métis development Institutions

 Opportunity driven revolving equity

fund for Elegible Métis ventures

 Take equity interest in targeted

investment areas

 10 year $100 million commitment  Strong governance/accountibility

Elements continued

 Fund would place premium on joint

ventures and partnerships

 Development of regionally focussed

investment strategies

 Strategic investments in resource

development and in business acquisitions

 Continued support for GM economic

development officers

Next Steps

 Validate proof of concept  Develop governance structure and

business plan

 Submit formal submission to INAC on

new program terms and conditions for the new fund