Economic Development
Related Files »
Related PDF Files »
The Cree Regional Authority Department of Economic Development is managed by the Community Services Agency.
There are five Cree regional entities concerned with economic development:
- The Board of Compensation (managing funds from the 1975 James Bay Agreement) funds economic ventures directly and manages Air Creebec, Cree Construction, Valpiro, and Cree Energy through its holding company, Creeco.
- Eeyou Corporation manages the funding received under the La Grande 1986 Agreement and invests in community development and economic development ventures.
- The Cree Development Corporation set up under the New Agreement with Quebec (February 7, 2002) is a vehicle for investment in economic ventures in the Territory using the funding from the New Agreement.
- Cree Human Resources Development provides job search services, administers employment insurance and provides training funding. The training funding provided by CHRD comes from normal program funding invested primarily in local training needs and from the “Territorial Programs” provided pursuant to the James Bay and Northern Agreement obligation of Canada to promote the employment of Crees in regional development in mining, hydroelectricity, forestry, construction and tourism throughout the territory.
- The Regional Economic Development Agent for the Cree Regional Authority and works in cooperation with all of the above-mentioned entities in promoting the employment of Crees, Cree contracts in development and the setting up of new Cree companies.The agent also collaborates with the nine community economic development officers in pursuing these objectives.