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

Provincial COVID-19 data can now be used for B.C. to prepare for a second wave

In the past week, B.C. has seen a slight spike in daily test-positive case counts

Herd of deer camp out in Yennadon front yard

Four bucks and two does rested under the shrubs of a Maple Ridge home Friday

Pitt Meadows technology to help grow leafy greens in Okanagan

Cubic Farms sold 16 of its machines to a company in Armstrong, B.C.

Maple Ridge mom wants justice on two-year anniversary of daughter’s death

Megan Kinnee, 19, died July 13, 2018 after motorcycle crash in Abbotsford

Maple Ridge neighbourhood rallies together for Saturday garage sale

Event aimed to bring Albion residents together – but not too close – while the financially strapped

Islanders want BC Ferries to follow order that lets residents board before tourists

For ferry-dependent communities, ferries are often the sole practical lifeline to work, school or medical appointments.

Fraser Valley loses the Keith Wilson Waver as Ron Hupper passes away

Hupper brought smiles to the faces of hundreds of people traveling Chilliwack’s Keith Wilson Road

Beverly Hills 90210 star’s family selling Vancouver Island Beach Resort

You can own Jason Priestley’s Terrace Beach Resort in Ucluelet for less than $5 million

Genetic detectives begin work to trace spread of COVID-19 in Canada

The kinds of genetic technology being used for this project did not exist when SARS hit Canada in 2003

Sports fishers protest Fraser River Chinook closures

Public Fishery Alliance wants hatchery fish open for harvest

Woman sexually assaulted, robbed near Surrey SkyTrain station: RCMP

Police say the incident happened July 10, just after 11 p.m. near King George SkyTrain station

B.C. Ferries increasing passenger capacity after COVID-19 restrictions

Transport Canada 50-per-cent limit being phased out, no current plans to provide masks

Once-in-a-lifetime comet photographed soaring over Abbotsford

Photographer Randy Small captures Comet NEOWISE in early-morning sky

Most Read