National chief urges Canadas aboriginals to seize business opportunities

Staff ~ Transcontinental Media
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CHARLOTTETOWN Canadian Aboriginals should look to partner more with private and corporate business in order to become more independent from government and more successful, says the national chief for the Assembly of First Nations.

Speaking Monday at an economic development conference in Charlottetown, organized by the Atlantic Policy Congress of First Nation Chiefs, Chief Phil Fontaine told attendees the time to move forward in business is now.

Fontaine says Canada will see between $200-300 million in investment in the next year and much of that will be in First Nations lands.

He says it represents tremendous opportunities and a new concept to many Aboriginals who havent branched out to the private and corporate sectors to expand their business.

Fontaine points to several successful First Nations communities, such as in Millbrook, Nova Scotia, who have partnered with private businesses to develop the area and their economic outlook.

The Millbrook band recently signed a deal to invest in developing a container terminal on the Strait of Canso and is also a major partner of General Dynamics in the winning bid to replace the Canadian militarys aging fleet of Sea King helicopters.

Organizations: Assembly of First Nations, Atlantic Policy Congress of First Nation Chiefs, General Dynamics

Geographic location: Canada, CHARLOTTETOWN, Millbrook Nova Scotia Canso

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