YO!
Economic Development Update So in the previous couple of updates we discussed a number of different things with regard to the Ecdev Corporation and where everyone fits. We know that:
the community elects Chief and Council, Chief and Council appoints the board of directors (who need to have the right qualifications), the board of directors oversees the CEO The CEO then manages the businesses, sets out plans with the board of directors and ensures that the Ecdev Corporation is being run for the benefit of the community.
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After the businesses are up and running the CEO will look at budgets and financial information to determine what to do with any profit that each company may retain. Profits will then be reviewed by the board of directors to first ensure that all of the businesses are stable (where profits may need to be invested in GNN companies to make sure they grow and meet the needs of GNN members). The board of directors will then present to Chief and Council a sum of money to put into areas that the community has asked for. One of the most important things community members can do is come to the annual general meeting of the Ecdev Corporation prepared with ideas to put to Chief and Council on how to spend the profits. There are a great number of areas that the community may wish to spend the money and we will discuss some of these areas in meetings to come. Okay now about these companies… Through our planning and discussion with the legal and financial people it was decided that the GNN would be best served by having 5 distinct companies, which are (1) Marine Services, (2) Forestry, (3) Fisheries, (4) Construction, and (5) Tourism. Information on these companies follows. Marine Services: Full service provider of water taxi, freight, accommodations, marine support, and other services. This company is looking to expand on its success of the last couple of years while following the GNN economic development 5 year strategic plan. Forestry: This Company will be responsible for all forestry activities that the GNN enter into. There are a few different agreements that the GNN have already entered into and the company will ensure that our obligations are fulfilled and any benefits brought back to the community.
3-4 MA’YAXALA- RESPECT 5 ELDERS UPDATE 6 CLEAN UP YOUR ACT NEW GARBAGE TRANSFER STATION IN TSULQUATE! 7-8 BA’AS LAND SURVEY RESULTS 9-10 RECONSTRUCTING BA’AS BRINGING THE VISION TO LIFE 11 COMMUNITY CELEBRATION 12-13 FOOD SECURITY, TRADITIONAL FOODS & NUTRION UPDATE 14-15 PUBLIC WORKS 16 CELEBRATION OF LIFE, LATE (PETER ANDREW KNOX) 17 TUTORING SCHEDULE 18 CATERING BID FOR THE DSTC CELEBRATION 19 FEAST (DALENE PAUL WALKUS) 20 G&N SCHOOL CALANDER 21 SEEKING GNN DEVELOPMENT DIRECTOR 22 CALL OUT LIST GENERAL CONSTRUCTION WORK 23 EDUCATION ASSISTANT EMPLOYMENT OPPORTUNITY 24-27 LOCAL JOB POSTING 28 BIRTHDAY WISHES
Construction: This is a new company that will look to pursue opportunities both on and off reserve utilizing GNN community members where possible. This company will also be looking for real estate opportunities. Tourism: We will be looking to expand our existing tourism business into a competitive and profitable enterprise while being mindful of the GNN 5 year economic development strategic plan and other planning work that has happened. These are the 5 businesses that we are starting with, but it does not mean that we won’t look at setting up other businesses when needed.In the weeks to come we will discuss the issues of business liability, taxes, Own Source Revenue (OSR), community meetings and a number of other items that affect GNN economic development. Thanks for your continued interest!
Fisheries: This Company will manage the commercial licences, agreements, and other fisheries opportunities for the GNN. This will include any future expansion into aquaculture or other initiatives. PAGE 1
GWA’SALA-’NAKWAXDA’XW NATIONS YO! NEWS
April.4/ 2014
04/4/2014