A new business association has launched in B.C. to support First Nation development corporations. (Image submitted)

New association launches to give voice to B.C. First Nation development corporations

First Nation Business Development Association is comprised of nearly 50 members

A new organization representing and advocating for B.C. First Nation development corporations was launched recently.

The First Nation Business Development Association (FN BDA) president and managing director Michael Bonshor of Vancouver said creating such an association has been on his mind for some time.

Read More: Xat’sull Development Corporation and Peterson Contracting Ltd. sign partnership agreement

“My experience is that development corporations are operating at different levels in terms of their own experience, expertise and capacity. The idea in the long run is to help to raise the level of all First Nations business owned entities and development corporations so they are operating, functioning and succeeding in their territories.”

Bonshor has worked with and for First Nations-owned development corporations for more than 20 years.

With nearly 50 B.C First Nation development corporations already members of FN BDA, Bonshor is looking forward to welcoming further membership.

“There’s right now around 200 First Nations in B.C. and many, if not all, are undertaking some form of business activity and it’s primarily through their development corporations.”

British Columbia Assembly of First Nations (BCAFN) regional Chief Terry Teegee noted in a news release BCAFN is appreciative of the new initiative.

Read More: Esk’etemc store and café slated for renovations starting mid-May

“First Nations across B.C. have expanded their business and economic activities in all sectors, and in many regions are lead economic players creating wealth and employment for their community members as well as others,” he stated. “The First Nation Business Development Association can play a key partnership role in the BCAFN’s economic development initiatives and opportunities moving forward.”

As restrictions due to COVID-19 continue to be lifted or eased across the province and country, Bonshor hopes FN BDA will be able to participate in helping shape what the economic recovery should look like.

“I think there will be the opportunity for our group to participate in some of those discussions I hope,” he said.


Do you have a comment about this story? email:
rebecca.dyok@wltribune.com

Like us on Facebook and follow us on Twitter.

BusinessIndigenous

Just Posted

Video invites visitors back to valley

Chamber video says: “Hey, hey! Come back and play, play.”

Invermere deer ‘hoofs’ woman and dog

Aggressive deer incidents increase this year, as woman and dog left bruised and injured

School District 6 nominated Summit Youth Hub for award

Hub nominated for a B.C Principals’ and Vice Principals’ Association (BCPVPA) Partnership Award

Invermere library reopens for summer

Summer Reading Club and Pop-up Story Time return

Horgan says B.C. restart making gains as more people come out of their homes

B.C. announced the easing of more restrictions on businesses, recreation and travel last month

Conservatives say police should be called into investigate WE charity scandal

Trudeau is already under investigation by the ethics commissioner for potential conflict of interest

Amber Alert continues for missing Quebec girls, 6 and 11, and their father

Police issued the alert for Norah Carpentier, 11, and Romy Carpentier, 6, from Levis, Que.

Limit police access to lethal weapons in Indigenous communities: Justice Summit

Grassroots-organized National Indigenous Justice Summit was a free-to-attend two-day videoconference

Survey, hotline launched amid probe into racist blood-alcohol guessing game at B.C. hospital

Mary Ellen Turpel-Lafond has been appointed to lead an investigation by Health Minister Adrian Dix

Canadian policing organization calls for decriminalization of simple illicit drug possession

Canadian Association of Chiefs of Police want policing focus of opioid crisis to be replaced with a health one

Filing deadline in RCMP sexual-harassment class-action extended due to COVID-19

Plaintiffs now have until January 2021 to submit claims for up to $222,000

Jamie Bacon pleads guilty to charge in Surrey Six case

The plea brings an end to a complex legal case that has spanned more than a decade

Hefty undeclared driver charges piling up, ICBC warns customers

Average extra penalty $2,971 after an at-fault accident

Most Read