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TIM HORTONS WILL OPEN
three locations in Iqaluit, Nunavut in November, adding to its more than 3,000 stores across Canada. It will then be in every province and territory in the country. Many of Iqaluit’s residents are excited about the prospect. Tim Hortons has partnered with the North West Company and will set up a kiosk in each location, running its bakery out of the general store. Coffee will be more expensive than in the rest of the country, ranging from $1.79 for a small to $2.39 for an extra-large. The city’s deputy mayor is happy he’s not going to have to travel so far now for a fix. David Ell travels regularly to Ottawa, and brings back Tim Hortons’ doughnuts and coffee to Nunavut’s capital city, he said. “I get a dozen or a couple of dozen before I get on the plane,” he said. “I think it will be good to have it here,” said Ell. Other fast food restaurants have opened and failed in the north. Subway folded. The costs were just too much. They had to charge more for their sandwiches than the people in Iqaluit were willing to spend; as much as $26. Currently there is a KFC-Pizza Hut, but it offers much fewer items than the chain would offer in its southern locations.
THE NISHNAWBE ASKI DEVELOPMENT FUND
was celebrated at its 20th annual business awards gala in Thunder Bay, Ont. Oct. 20. The awards were developed in 1991 to promote Aboriginal economic development in Northern Ontario. The theme of the awards this year was Eliminating Barriers. The event highlighted co-operation and networking between Aboriginal and non-Aboriginal entrepreneurs. Gabby’s Spudz and More received the award for New Business of the Year, a newly added category. Louise Dupuis and Pierre Pelletier, owners of Pelletier’s Gas Bar and Native Art Gallery, won the partnership award. Janey Furoy is the Youth Entrepreneur. Dorcas Barnes is Business Woman of the Year. Clayton Clace is Business Man of the Year. Pertrand Neilsen won in the Building Communities Category. And, the Anemki Mountain Corporation won Corporation of the Year.
THE 2010 YOUNG ENTREPRENEURS
Symposium (YES) will be hosted in Vancouver at the Renaissance Harbourside Hotel from Nov. 22 to 25. This is a three-day entrepreneur symposium for 200 youth between the ages of 19 and 30. Delegates are Aboriginal business people or aspiring entrepreneurs. They will take part in business challenges in four categories: team building, sales, marketing and promotion and culture. Teams will be judged on each challenge and the top three teams will be awarded cash prizes, with first prize making a $5,000 payday. This symposium will also feature entertainment, panelists and speakers and will be capped off by a formal gala dinner where awards from the competition will be presented.
RAWLCO RADIO LTD.
has donated $30,000 to the University of Regina to establish a new scholarship for First Nations or Métis students pursuing a Master of Business Administration degree. The Rawlco Aboriginal Graduate Scholarship in Business will be awarded in three annual installments of $10,000 each, beginning in fall 2010. The scholarship will be awarded to a self-declared Aboriginal student enrolled in the Master of Business Administration program at the Kenneth Levene Graduate School of Business University of Regina.
A RUN-OF-RIVER PROJECT
is now dead in the water after Smith’s Landing First Nation pulled its support of the $5-billion hydroelectric project. The nation was concerned with the flooding of its traditional lands and turned down the project that would have harnessed the power of Alberta’s Slave River to produce about 1,200 megawatts of energy. Local residents, river users and environmentalists opposed the project since it was brought forward in 2007 by ATCO. “Due to the high volume of water, the rapids along this stretch of river possess enormous hydroelectric potential,” reported the Alberta Environment department. But without the band’s support, the project had to be scrapped.
THE SIMPCW FIRST NATION
and Commerce Resources Corp. have signed an exploration agreement for the Blue River Tantalum/Niobium Project located in the Kamloops Mining Division of British Columbia, about 10 km north of the town of Blue River in the heart of the Simpcw First Nation’s traditional territory. The agreement formalizes a process for ongoing dialogue between the Simpcw First Nation and the company regarding all exploration activities planned for the Blue River property, recognizing the cultural, traditional heritage and environmental interests of the band, while ensuring that benefits from the project are realized by band members. Traditionally, First Nations become involved in exploration projects during advanced stages of mineral exploration, usually during the feasibility stage once the deposit has been defined. This agreement provides both the Simpcw First Nation and Commerce Resources Corp. with an opportunity to work closely together during the grassroots exploration phase to ensure their mutual interests are respected and met.
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