APCFNC: $1.6 Billion of Indigenous business revenue… and Growing Rapidly (+137% since 2012)
Press Release
July 15, 2019
Highlighting Successful Atlantic Indigenous Businesses
Research conducted by the Canadian Council for Aboriginal Business shows that Indigenous small business owners across Canada are growing in numbers and experiencing wide-spread success in terms of profitability and growth and in ways that go beyond the bottom-line. Nationally, the number of Indigenous business owners and entrepreneurs is growing at five times the rate of self-employed Canadians overall.
Prior to the research, there was limited information on the nature and industry scope of Indigenous businesses in the Atlantic region. The research identifies the number, industry scope and geography of Atlantic Indigenous businesses and their economic contribution. The research methodology included interviews and an online survey tool to determine the facilitators and barriers to successful Indigenous business growth, while applying gender-based analysis to identify unique challenges women business owners face. The study profiles Atlantic Indigenous business success stories and provides actionable recommendations to inform and expand business growth.
IBF5
