Glooscap First Nation looks to become economic driver for rural economy – Daily Business Buzz
April 27, 2015
KINGS COUNTY — With one year of operations complete, the Glooscap First Nation Economic Development Corporation (GFNEDC) is well on its way to creating a new model for First Nation economic development.
“Historically, First Nation economic development has been driven by gaming and tobacco. While they’re strong sources of revenue, there’s a hidden social cost,” said Chief Sidney Peters in a press release.
“That’s why we’re dramatically broadening our perspective and creating an approach that is driven by innovation, collaboration and creativity. We’re working towards a model that doesn’t just benefit our members, but the entire region.”
The corporation has many initiatives in the works, with the most significant being the development of 25 acres of land off Highway 101 at Exit 8a.
