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

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

RCMP bust five impaired drivers in one day in Terrace and Kitimat

Police were doing road checks as part of distracted driving, seatbelt enforcement campaign

Horgan makes campaign stop in Terrace and Kitimat

BC NDP leader met with local First Nations leaders, reiterated campaign promises

Unofficial holidays: Here’s what people are celebrating for the week of Sept. 27 to Oct. 3

World Farm Animals Day, Drink Beer Day and Virus Appreciation Day are all coming up this week

‘Monkey Beach’ supernatural film adaptation premiers at VIFF

Based on Kitamaat author Eden Robinson’s debut, mystical novel

COVID-19 cases grow to 13 at B.C. First Nation near Fort St. James

“This is very serious,” says Nak’azdli Whut’en Chief

Weekend sees 267 cases, 3 deaths in B.C.; Dr. Henry says events leading to COVID spread

There are currently 1,302 active cases in B.C., while 3,372 people are under public health monitoring

B.C. VOTES 2020: Echoes of HST in B.C. debate over sales tax

Cannabis, tobacco, luxury cars still taxed in B.C. Liberal plan

She warned her son about toxic drugs, then he was dead

Donna Bridgman’s son died at the age of 38 in Vancouver

B.C. food and beverage producers set record sales in 2019

Farmed salmon again leads international exports

Single vehicle rollover on Highway 16 claims life of young woman near Vanderhoof

The single vehicle incident occurred at Highway 16 and Hillcrest Way

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

B.C. marriage annulled because husband was unable to have sex with wife

Husband did not disclose any sexual health concerns to his wife prior to marriage

Most Read