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Atlantic Aboriginal Economy Building Strategy (AAEBS)

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The Atlantic Aboriginal Economy Building Strategy (AAEBS), also known as the “Chiefs’ Strategy,” helping to build prosperous, autonomous, and sustainable Nations.

There are four priorities for this strategy:  
 
1) To build the net worth of Aboriginal communities by increasing Aboriginal control of land, resources and property throughout Atlantic Canada.  
 
2) To strengthen Aboriginal Peoples businesses so that ownership, income, and employment from businesses are comparable to non-Aboriginal rates. 
 
3) To develop a skilled Aboriginal workforce that can fully participate in the regional economy.     

4) To establish and maintain sound baseline information on the Atlantic Aboriginal economy, that provides evidence of progress and opportunity.

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$1.6 Billion of Indigenous business revenue…and Growing Rapidly (+137% since 2012)

Highlighting Successful Atlantic Indigenous Businesses

Research conducted by the Canadian Council for Aboriginal Business shows that Indigenous small business owners across Canada are growing in numbers and experiencing wide-spread success in terms of profitability and growth and in ways that go beyond the bottom-line. Nationally, the number of Indigenous business owners and entrepreneurs is growing at five times the rate of self-employed Canadians overall. The research identifies the number, industry scope and geography of Atlantic Indigenous businesses and their economic contribution and provides actionable recommendations to inform and expand business growth.

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Atlantic Indigenous Labour Market Initiative: Preparing Today’s Youth for Future Employment

 

Workforce talent recruitment and retention is one of the most urgent issues facing the Atlantic region. In the next decade, the Canadian economy is expected to offer significant opportunities for employment. Those opportunities reflect both Canada’s emergence as a knowledge economy and the impact of retirement from the workforce of the baby boomer generation. An expectation exists that future demand for a skilled labour force will be serviced, in part, by an increasing Indigenous workforce. The research provides data to inform mobilization of the more favorable demography of Indigenous communities to positively influence their employment outcomes and, by doing so, improve labour market outcomes in the Atlantic region overall.

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