‘Landmark study’ examines the economic impact of Indigenous communities

29 Apr ‘Landmark study’ examines the economic impact of Indigenous communities

A first of its kind study looking at the impact of the Atlantic Indigenous economy is painting a picture of the impact Indigenous communities have on the overall economy in Atlantic Canada.

“We took all the communities in this area and we looked at band spending, we looked at household spending, communities within the bands, we did a survey of businesses and then we looked at organizations,” Tom McGuire, an economist with Group ATN Consulting said.

The report found that Indigenous bands in the Atlantic provinces have an annual impact of $1.1 billion dollars on the Canadian economy and that the Indigenous economy creates the equivalent of 16,700 jobs. Read Article…