Annual Report 2020-2021 ALIB

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ECONOMIC DEVELOPMENT DEPARTMENT

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DEPARTMENT MISSION STATEMENT: The goal of facilitating growth and increased community capacity. The profit from proper management of businesses and new opportunities is reinvested in ways that enable the community and its members to become more spirited and full of life with each passing year. Executive Summary Of 2020-2021: ALIB is working with Urban Systems to assist in

inventory of existing economic development initiatives market research on the regional economy foundational initiatives and sector-based opportunities a draft implementation framework.

As ALIB continues to make progress on the 5-Year Strategic Plan for Economic Development we are mindful of the recently announced Community Opportunity and Readiness Program (CORP) funding (see below). Staff in your Department. One (1) staff member. Jason Peters, Economic Development Manager, a Mi’kmaw from Nova Scotia, has experience leading and working for the provincial government, Indigenous organizations, non-Indigenous organizations, private sector, and local and international board of directors. This includes the brokering of profitable partnerships between First Nations communities and Canadian businesses. His encounters as a two-time Chief Executive Officer (CEO) assist his understanding of both board and Chief and Council culture. Community Opportunity Readiness Program Submission

developing a 5-Year Strategic Plan for Economic Development. This strategy will provide a road map for economic developments priorities now and in the very near future. The plan will incorporate the following: •

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The Community Opportunity Readiness Program (CORP) provides project-based funding to support First Nations and Inuit communities in their pursuit of and participation in economic opportunities. CORP support opportunities with the potential of generating incremental community economic benefits (e.g., employment; business revenues; leasing revenues). As ALIB is in a unique position to explore and create new own source revenue streams near the Sandy Point Campsite.

ongoing community engagement • an overview of the community and the current land uses and infrastructure

Administration

Continued next page ALIB Annual Report 2020-2021


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