Indigenous-led partnership helps Kitsaki Management scale through acquisition – BDC
May 25, 2026
When Kitsaki Management was created in Northern Saskatchewan in 1981, its purpose was clear: build economic capacity for the Lac La Ronge Indian Band and generate sustainable wealth for future generations. At a time when First Nations had very limited access to capital, the band’s leadership—led by then‑Chief Miles Venne—made a strategic decision to create an economic development corporation that could participate directly in the regional economy and reinvest profits back into the community.
From the outset, Kitsaki was designed to serve the collective. Profits were retained and reinvested for decades, allowing capital to grow steadily and enabling the organization to acquire, build and manage businesses across multiple sectors. The objective was to foster long-term stability, employment opportunities and financial independence for the band.
