Economic Impact Estimator Tool

Indigenous Services Canada (ISC) is leading a government-wide effort for economic reconciliation, focusing on the priorities of Indigenous communities, and recognizes the need for more research and better tools to show how policies and programs affect the economy. Specifically, ISC is seeking to improve the department’s ability to assess the potential economic impacts of Indigenous participation in economic development opportunities. Further, ISC wants to ensure effective analytical, communication and reporting tools are available.

This app is one of those tools. It provides preliminary estimates of potential direct, indirect, and induced economic impacts that could be generated by proposed projects or planned investments and realized by the Indigenous and non-Indigenous labour forces.

Indigenous Specificity of this Estimator Tool

Background on Multipliers

Methodology & User Guide

About Project

Select Province / Territory

Please select the appropriate province in which the anticipated change in economic output will occur.

Investment Facilitation Success Factors - 50.00%

Infrastructure and Services

Potential: 0 % - Weighted: 0.0%
Infrastructure designed and sized in accordance with current and future development (both level and type of development) and services of a quality high enough to support the type of desired, planned or potential investment.

Close to Markets

Potential: 0 % - Weighted: 0.0%
The proposed project’s distance to markets influences the viability of proposed projects or planned investments.

Administrative / Human Resources Capacity

Potential: 0 % - Weighted: 0.0%
A professional and capable administration efficiently facilitates investment by lowering transaction costs and leads to better decision-making through better information and better reporting.

Community Support / Participatory Decision Making

Potential: 0 % - Weighted: 0.0%
Use of community discussions, meetings, information sessions and forums to gain general support by well-informed community members for leadership’s overall economic strategy formed on the basis of community members actually realizing economic benefits from investment.

Own Source Revenues

Potential: 0 % - Weighted: 0.0%
Own source revenue streams allow planning over longer time frames and enable Nations to participate in economic opportunities with fewer restrictions and possibly within shorter time periods.

Land Management

Potential: 0 % - Weighted: 0.0%
The authority to manage lands (including the making of rules respecting the use and occupation of land and granting individual interests in land); and the ability to offer secure, long-term land tenure in a timely fashion.

Accountability / Transparency / Financial Management

Potential: 0 % - Weighted: 0.0%
A system by which management processes and financial information are open and readily available and individuals are held to account.

Comprehensive Strategy / Vision / Planning

Potential: 0 % - Weighted: 0.0%
A long-term community development vision coordinated with integrated land use plans, economic plans, capital plans, and financial plans designed and developed to achieve the Nation’s objectives.

Good Governance

Potential: 0 % - Weighted: 0.0%
Strong governance has a pronounced effect on the ability to attract investment. Strong governance is the establishment of structures that enhance markets and reduce transaction costs.

Separation of Business and Politics

Potential: 0 % - Weighted: 0.0%
Mechanisms in place that separate politics from government administration, including entities like arm's length economic development corporations. These can contribute to greater consistency in the leadership of the community's economic development and improve political stability as well.

Share Available to the Indigenous Labour Force

No province has been selected.

Economic Impact Realization Success Factors - 25.00%

Educated Labour Force

Potential: 0 % - Weighted: 0.0%
Education and training strongly influences the ability to obtain employment and realize economic benefits.

Close to Markets

Potential: 0 % - Weighted: 0.0%
The proposed project’s distance to the supply of labour (i.e. workers) influences the Indigenous population’s realization of potential economic benefits.

Relationships and Partnerships

Potential: 0 % - Weighted: 0.0%
The ability to form relationships with the private sector and other partners (including other orders of government), both formal and informal, influences the realization of economic impacts.

Separation of Business and Politics

Potential: 0 % - Weighted: 0.0%
Mechanisms that separate politics from government administration can contribute to more equitable distribution and broad-based realization of generated economic benefits.

Comprehensive Strategy / Vision / Planning

Potential: 0 % - Weighted: 0.0%
Indigenous workers will be more likely to be in positions to be able to take advantage of generated employment opportunities if projects and investments are consistent with the long-term community development vision.

Community Support / Participatory Decision Making

Potential: 0 % - Weighted: 0.0%
Indigenous workers are far less likely to fill new employment positions generated by projects that are widely opposed by membership.

Timeframe

No province has been selected.