The True North Treasure Initiative has three specific objectives: to develop Aboriginal human capital (labour market), to strengthen Aboriginal entrepreneurship and to enhance the value of Aboriginal assets. The initiative will rely on the development of partnerships to reach its objectives.
Developing Aboriginal human capital
As part of this component, labour profiles will be developed to determine the capacities of target Aboriginal communities.
A parallel will be drawn between these profiles and the needs of the mining industry to identify training needed in the communities and maximize job creation for Aboriginal people.
Strengthening Aboriginal entrepreneurship
The exploitation of natural resources in Northern Quebec generates a goods and services market representing millions of dollars a year. In this context, the supply chains of mining companies will be examined to identify business opportunities for Aboriginal people.
To promote the development of Aboriginal entrepreneurship, a directory of businesses will also be created and shared with the industry and governments.
Are you Aboriginal and a business owner? Sign up for the Aboriginal business directory!
Enhancing the value of Aboriginal assets
Under this component, the acquisition or establishment of businesses that provide goods and services for the mining industry will be encouraged. Consult the various economic development programs that are available:
- Aboriginal Business Development Program (ABDP)
- Lands and Economic Development Services Program (link to come)
- Community Readiness and Opportunities Planning (link to come)
- Aboriginal Entrepreneurship Program (link to come)
- Aboriginal Initiatives Fund (AIF II)
- Quebec Economic Development Program (QEDP)
Impact and benefits agreements (IBAs) enable the Aboriginal communities to negotiate with mining companies to benefit from mining spinoff. In this context, IBAs will be signed and clauses will be negotiated under these agreements.
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