Chief Terry Paul of Membertou First Nation discussed their success model

Membertou, An Indigenous Economic Model of Success

 

In this episode of the Insights Podcast, we have an inspiring conversation with Terry Paul, the long-term Chief of Membertou First Nation (celebrating his 40th Anniversary as Chief this year). Chief Terry is a residential survivor who was recently named as one of Canada's most admired CEOs. He has helped develop the Membertou Model of economic development to improve his community. Membertou is part of the Mi'kmaq Coalition of seven First Nation communities who purchased 50% of Clearwater Seafoods in 2020 with Premium Brands of BC. Last year Membertou generated $80 million in revenue and has created 600 jobs in a community with 1,850 members (including those living outside the community itself). In the last ten years alone, Membertou has spent $91 million in capital investments in the community. It continues to expand its fishery operations and is the major owner of two wind farms that will be developed to support EverWind's green energy project. The ambition and success of Membertou is clearly a model for other indigenous communities across Atlantic Canada.

Subscribe to our newsletter to stay up to date on the weekly Acadia Insights podcast.

What is Insights with Don Mills and David Campbell- An Acadia Broadcasting Podcast?

This podcast combines the experiences of an economist, David Campbell and a social scientist, Don Mills, to explore the challenges and opportunities facing Atlantic Canada, to promote data-driven decision making among policymakers and to encourage a wider dialogue and debate leading to greater prosperity for the region. Expect to hear interviews with the top influencers, business leaders and decision-makers across Atlantic Canada to inform, educate and expand the conversations on the key issues facing the region.