Question Period Note: Economic prosperity

About

Reference number:
ISC-2022-10016
Date received:
Dec 17, 2021
Organization:
Indigenous Services Canada
Name of Minister:
Hajdu, Patty (Hon.)
Title of Minister:
Minister of Indigenous Services

Suggested Response:

• Our Government works with Indigenous businesses and communities to promote long-term prosperity and job and wealth creation.

• We support capacity-building and empowering communities; unlocking land and resources; and improving access to business capital.

• Our programs and services support community economic planning, Indigenous entrepreneurs, and Indigenous financial institutions.

• We will continue to work with Indigenous partners, other governments and the private sector, to increase the participation of Indigenous Peoples in the Canadian economy.

If pressed on economic growth
• Our Government is advancing a renewed relationship with Indigenous peoples, which includes creating an environment that truly supports economic growth.

• Recent changes introduced include amendments to the First Nations Fiscal Management Act, First Nations Land Management Act, and the Addition of Lands to Reserves and Reserve Creation Act.

• These amendments will spur economic growth by:
o supporting more timely decision making for adding land to reserve and enabling more First Nations to manage those lands at the speed of business; and
o enabling First Nations-led fiscal institutions to support more First Nations and First Nation organizations with fiscal management, taxation and access to long-term financing.

Background:

N/A

Additional Information:

None