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Indigenous youth key to Canada’s economic growth – Business in Vancouver

by pmnationtalk on December 6, 201749 Views

December 05, 2017

Underused demographic is a major resource that could generate billions

Integrating Canada’s Aboriginal youth into the workforce could provide a huge boost to the country’s economy.

According to a National Aboriginal Economic Development Board (NAEDB) study, Canada’s Aboriginal youth could contribute $27.7 billion to the national economy annually. The report also found the Indigenous youth population as a whole is growing much faster than the overall Canadian average for that demographic. In 2011, the Indigenous youth population (those 25 and under) made up 46% of the country’s First Nations population, in contrast to the rest of Canada (29%).

This is particularly important when it comes to Canada’s resource sector, said Stefan Fournier, associate director for the Conference Board of Canada’s northern and Aboriginal policy. In late November, the conference board hosted the Our Land, Our Future: Indigenous Youth and Natural Resource Development Summit in Calgary.

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