Lands and economic development
Indigenous Services Canada (ISC) is helping Indigenous communities get the most from their economic development potential by investing in community readiness, entrepreneurs and businesses, land management, and strategic partnerships. ISC is also removing legislative barriers to ensure large-scale projects on reserve promoted by First Nations can proceed.
These are the key elements of the Government's approach to Indigenous economic development to achieve:
- Indigenous communities that are ready and able to seize economic development opportunities
- viable Indigenous businesses
- a skilled Indigenous workforce
ISC is responding to calls to reduce administrative burden and program duplication by:
- providing single-window access to programs
- simplifying application procedures
- allowing flexible funding approaches with multiple funding elements
- integrating approval and assessment processes
- streamlining reporting requirements
As a result, there are now 5 main lands and economic development programs:
- Aboriginal Entrepreneurship
- Community Opportunity Readiness
- Contaminated Sites Management Program
- Lands and Economic Development Services
- Strategic Partnerships Initiative
This streamlined suite of programs is designed to increase the participation of Indigenous communities in the Canadian economy and enable Indigenous people to pursue new opportunities for employment, income, and wealth creation. In particular, the integration of land management with economic development will help ISC provide broader support as Indigenous communities build their economic base.
Funding for these programs has not been changed; rather, the funds of combined programs have been added together within the new programs.