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Partner for the Economic Development of Aboriginal People in Quebec Nature Trade and Industry Show # 829541.

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Presentation on theme: "Partner for the Economic Development of Aboriginal People in Quebec Nature Trade and Industry Show # 829541."— Presentation transcript:

1 Partner for the Economic Development of Aboriginal People in Quebec Nature Trade and Industry Show #

2 Context Federal Aboriginal economic development framework –the goal is to boost Aboriginal participation in the Canadian economy Program renewal New program delivery approach Page 2

3 Context (con’d) Favourable external environment –Natural resources –Development of renewable energy sources –Government of Quebec’s northern plan (Plan Nord) –Tourism industry –Emerging entrepreneurial culture Page 3

4 Several Intervention Levels Targeted Foster a climate favourable to investment and job creation. Support community economic development initiatives (ex. infrastructure). Launch, maintain and develop businesses. Page 4

5 Programs Administered by INAC to Support These Priorities Community Economic Development Program (CEDP) Objective: Provides base funding for the delivery of public economic development services. Ex: economic planning and capacity building, hiring an economic development specialist, the development of business opportunities, etc. Page 5

6 Programs Administered by INAC to Support These Priorities (con’d) Community Support Services Program (CSSP) Objective: Finances regional initiatives for the delivery of support services to community economic development organizations. Ex: funding First Nations of Quebec and Labrador Economic Development Commission (FNQLEDC) operations. Page 6

7 Programs Administered by INAC to Support These Priorities (con’d) Community Economic Opportunities Program (CEOP) Objective: Contribute to business projects and/or economic development opportunities for generating economic spinoff in Aboriginal communities. Ex: funding projects for negotiating resource access and mining rights, funding certain infrastructure project costs to facilitate a community’s economic development (industrial park), etc. Page 7

8 Programs Administered by INAC to Support These Priorities (con’d) Aboriginal Business Development Program (ABDP) Objective : Encourage the creation and growth of businesses owned and managed by Aboriginal interests (Registered Indians, Métis or Inuit living on- or off-reserve; businesses may be in any field, but proof of their viability and profitability must be provided). Ex: funding for business plans, feasibility studies, environmental scans or similar documents; capital start-up costs (equipment, purchase of shares, etc.); marketing fees; management support cost; etc. Page 9

9 Programs Administered by INAC to Support These Priorities (con’d) Aboriginal Financial Institution (AFI) and Access to Capital (AC) Programs Objective: Procure funding for Aboriginal financial institutions, community development assistance corporations (CDAC) and the National Aboriginal Capital Corporations Association (NACCA) and facilitate the acquisition of capital in the form of development loans for Aboriginal promoters. Ex: NCCC, CDEM and First Nations Venture Capital (FNVC). About thirty institutions across Canada. Page 10

10 Major Resource and Energy Developments (MRED) Objective: Maximize Aboriginal participation in major resource and energy development projects by financing projects (studies and implementation) and/or specialized investment funds. Ex: FIER (Regional Economic Investment Fund) for First Nations; start up of a heating pellet plant; feasibility studies for developing projects (small hydroelectric stations, wind turbine farms, mines, forestry operations, etc.). Programs Administered by INAC to Support These Priorities (con’d) Page 11

11 Programs Administered by INAC to Support These Priorities (con’d) Procurement Strategy for Aboriginal Business (PSAB) Objective: Boost the participation of Aboriginal businesses in the procurement of goods and services to the federal government. Ex: Aboriginal businesses registered as suppliers will be favoured when departments open a call to tender for goods and services in all areas of activity, such as language interpretation services for meetings, the transportation of perishable food to remote communities (Air Inuit), consulting services in a variety of fields, construction sites (Cree), etc. Page 12

12 New Programs Strategic Partnership Initiatives (SPI) Objective: Improve the harmonization of investments / contributions within the framework of current federal programs and services with a view to increasing Aboriginal economic development opportunities. One- window approach, dedicated network. This initiative would permit investments in projects arising from targeted economic development strategies in the mining, forestry, energy, agricultural and fishing sectors. SPI funding can be applied to the costs of consultant/expert services, technical services, competency development, infrastructure development, etc. Page 13

13 A Few Figures … For the fiscal year ending March 31, 2011, the QRO has contributed to or supported nearly 150 projects/initiatives through the programs it delivers.This represents an investment or contribution of $17.7 million Page 14

14 Other Available Programs The team at INAC’s Quebec Regional Office can help you gain access to all federal programs that could be useful for your business projects. Page 15

15 Quebec Regional Office (QRO) Team Quebec Lands and Economic Development Directorate –Quebec City office –Montreal office –Partners in program delivery Aboriginal capital corporations (NCCC, CDEM and First Nations Venture Capital) External development officers (NCCC and CDEM) Page 16

16 Other Partners and/or Collaborators FNQLEDC (First Nations of Quebec and Labrador Economic Development Commission) QATC (Quebec Aboriginal Tourism Corporation) CEDO (Economic Development Officers) Non-native financial institutions Other federal Departments ex: Economic Development Canada (CED-Q), NRC, Fisherie and Oceans Canada, NRCC, etc. Provincial ministries and agencies (SAA, Investissement Québec, etc.) Page 17

17 Conclusion Some Practical Advice Get us involved before you start your project. Ideally, you should make your request at the beginning of the fiscal year (March/April). Be sure to include all of the preliminary steps required to start your project when preparing your working schedule. Be sure to take into account any land or environmental considerations associated with your project. Work from a partnership perspective. Page 18


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