ECONOMIC DEVELOPMENT
The MNOC is seeking a dynamic volunteer to lead the implementation of a sound economic development plan. We have innovative ideas we need to set in motion. Are you the person who will thrive on this challenge? Contact us!
Economic Development
The process in which an economy grows or changes and becomes more advanced, especially when both economic and social conditions are improved.
Economic Growth
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time. It is conventionally measured as the percent rate of increase in real gross domestic product, or real GDP. Development of new goods and services also creates economic growth.
Economic Development & Growth: Our Own Responsibility
For the MNOC citizens this could mean:
- Our own production companies: documentaries, music, theater, literary, visual arts, etc., and yes even movies! The sky is the limit to enterprising and hard-working Métis
- Our own schools of skilled trades
- Creative problem-solving to protect the environment for our descendants
- Affordable and safe housing for the elderly and financially challenged families.
- Creative problem-solving to protect our elderly’s independence and keep them in their community when they can no longer live alone?
- Too much plastic… how can we recycle it and make sturdy stuff with it?
- How are paper straws made? Wood fibre straws… would that work? The market is there, how can we supply the product?
- Our waters are filled with pollutants: how can we develop a cleaning solution?
- Housing crisis on FN reserves: how can we train our young men and women in the construction fields to help with the housing crisis on FN reserves?
- Partnership with Skilled Trades teaching institutions and companies to maximize the participation of our Métis youth in the workforce and various labour markets.
- Partnerships with various production companies to produce educational material in multiple media
- Purchase of multi-room houses or buildings to refurbish as Métis nursing homes for our elderly / coupled with children day care.
- Partnerships with industrial leaders to create small businesses
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Inspiring Community Projects
For Women, by Women: A Sisterhood of Carpenters Builds Tiny Houses for the Homeless
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The Five Principles of Community Economic Development
(Borrowed from the website SFU.ca)
https://www.sfu.ca/ced/news_events/5_principlesofCED.htm
Community economic development (CED) is an inclusive and participatory process by which communities initiate and generate their own multiple bottom-line solutions to economic problems. Community economic developers focus on stabilizing local economies; creating long-term employment; building on local resources and capacities; increasing community control and ownership, and the health of the environment.
While community economic development approaches can look vastly different in every community, what they have in common are the 5 basic principles on which they are based. Try using this simple framework to assess economic development proposals in your community.
1. SUSTAINABILITY: Is this a long-term solution?
Sustainability refers to environmental, social, cultural, financial continuity and community well-being. CED involves analysis and planning to implement policies and practices that will make communities resilient for the long-term.
2. COMMUNITY-BASED: Does it serve the interests of the broader community?
Community-based in CED means an enterprise or community-wide planning process that is focused on the common interests of the broader community as well as the individual participants. CED facilitates community control utilizing a grass-roots, bottom-up process.
3. PARTICIPATORY: Have a broad and diverse range of community members been involved?
Participation in CED is by a broad and diverse range of community/project members in terms of class, age, culture, gender and ability. CED invites and ensures active and inclusive participation in planning and implementation of strategies.
4. ASSET-BASED: What are the communities resources and assets?
In CED, the resources, talents and abilities of the community form the foundation for planning and developing projects. CED builds on local community resources and assets as well as meeting needs.
5. SELF-RELIANCE: Does it reduce economic dependence?
CED reduces economic dependence of communities by analyzing the flow of wealth in, out and within the community, identifying how leaks can be plugged and establishing trade links that benefit all partners.