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

Comments are closed

Just Posted

Sport Abbotsford calls for opening of Centennial Outdoor Pool

Local sport association claims lack of consulting from City of Abbotsford in decision process

Grand opening for Abbotsford Otter Co-op set for Monday

East Abbotsford store offering number of sales and prizes at opening event

Fraser Valley Bandits, CEBL bringing pro sports back later this month

Abbotsford-based basketball team kicks off CEBL Summer Series on July 26

UFV Cascades men’s basketball signs pair of players

Burnaby’s Wilson, South Delta’s Willemsen added to team

VIDEO: Car goes off Highway 1 and into a ditch in Chilliwack

Eastbound vehicle left the highway ending in the ditch on south side of Luckakuck Way

B.C. accommodators need phone lines to light up as in-province travel given green light

Travel restrictions during the COVID-19 pandemic have decimated the tourism and hospitality industries

300 Cache Creek residents on evacuation alert due to flood risk as river rises

Heavy rainfall on Canada Day has river rising steadily, threatening 175 properties

Friends, family remember victim of Langley possible triple-homicide fire at memorial

Memorial held for one the of three found dead at a house fire in Langley Meadows last month

Family and friends mark birthday of teen who died after being discovered in Langley park

Carson Crimeni suffered an apparent drug overdose, his final moments broadcast on social media

First glimpse of Canada’s true COVID-19 infection rate expected mid-July

At least 105,000 Canadians have tested positive for COVID-19 since the coronavirus was identified

Semi and BMW collide on South Surrey highway

At least one person to hospital, both vehicles sustained significant damage

Police ramp up efforts to get impaired drivers off B.C. roads this summer

July is dedicated to the Summer CounterAttack Impaired Driving Campaign

Migrant workers stage multi-city action for full status amid COVID-19 risks

‘COVID-19 has exacerbated an existing crisis’

Okanagan school drops ‘Rebels’ sports team name, citing links with U.S. Civil War

Name and formerly-used images “fly in the face” of the district’s human rights policy, says board chair

Most Read