The federal framework designed to reduce emissions has sparked concerns within the Indigenous business community. The president of Athabasca Indigenous Investments has voiced fears that this climate strategy will impede Indigenous economic growth and prosperity. He states that the regulations—notwithstanding their environmental importance—could potentially present significant obstacles for Indigenous investment, further deepening the wealth and development divide within Canadian society.
1. The federal framework designed to reduce emissions is causing worries within the Indigenous business community.
2. The president of Athabasca Indigenous Investments fears that the framework will hinder Indigenous economic growth and prosperity.
3. The implemented regulations may act as hindrances for Indigenous investment, deepening economic disparity within Canadian society.
4. Peter Dustyhorn emphasized the risk of stifling economic growth for Indigenous communities, while acknowledging the importance of environmental protection.
5. Dustyhorn advocates for a balance between ecological protection and the economic prosperity of Indigenous peoples. He emphasizes the negative effects the framework could have on Indigenous self-determination.
Indigenous businesses account for approximately $30 billion yearly of Canada’s GDP, according to the Canadian Council for Aboriginal Business.
Peter Dustyhorn, president of Athabasca Indigenous Investments, voiced his concern about the federal framework, stating that it could potentially stifle Indigenous prosperity. According to Dustyhorn, these specific emission reduction measures could restrict the flow of Indigenous investment. While acknowledging the importance of environmental protection, Dustyhorn nonetheless emphasized the risk of stifling economic growth for Indigenous communities. He believes that climate change policies must strike a balance between ecological protection and the economic prosperity of Indigenous peoples, stressing the negative impact of the framework on Indigenous self-determination.