Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/297094 
Year of Publication: 
2023
Series/Report no.: 
Bank of Canada Staff Discussion Paper No. 2023-25
Publisher: 
Bank of Canada, Ottawa
Abstract: 
Attempts to measure aspects of the Indigenous economy in Canada are limited by data availability and quality. Drawing on the most recent data sources and research, we provide an overview of the Indigenous economy in Canada. This includes a discussion of the various characteristics of the Indigenous economy, including the labour market and the business sector, institutional settings, and the state of infrastructure. While several measures suggest economic outcomes have improved for Indigenous Peoples in recent decades, institutional settings and gaps in infrastructure and financing continue to hinder their economic progress. The creation of new institutions is helping Indigenous communities to overcome historic barriers to growth, but continued progress is needed to improve data on the Indigenous economy. This would enable policymakers and Indigenous leaders to measure progress and make informed decisions.
Subjects: 
Central bank research
Development economics
Financial services
Labour markets
Monetary Policy Transmission
Regional economic developments
JEL: 
E01
E02
N41
N42
O43
P48
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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