BOOM Bust Webinar September 18 2017

BOOM & Bust Webinar September, 18, 2017

WHO? • The province of Manitoba established a Task Force to lead the development of a northern economic development strategy. • Co-Chairs: • Task Force: Onekanew Christian Sinclair, Opaskwayak Cree Nation Chuck Davidson – Manitoba Chambers of Commerce David Kobliski – Nelson House David North – Cross Lake Dianne Russell – Flin Flon Chamber of Commerce Glen Ross – Opaskwayak Cree Nation Julyda Lagimodiere – Manitoba Métis Federation Mark Scott – Mining Association of Manitoba Mike Pyle – Exchange Income Corp Mike Spence – Town of Churchill Tony Mayham – Keewatin Railway Company

WHO? • Development of the strategy and engagement process is being facilitated by Karl Wixon of Arahia Pathfinders and Barbara Biggar of Biggar Ideas. • Most importantly, it is being driven by the northern communities, businesses, youth, entrepreneurs, residents, investors…

WHAT? • Look North – Northern Manitoba Economic Development Movement. • Solutions can come from anywhere, anyone, anytime – so providing open opportunities to connect and engage is important.

WHAT? • Best people to develop economic strategy are those who can implement it – otherwise they will have little ownership of it, or commitment to it. • Commit to action that will deliver tangible results

WHY? • For long-term sustainable economic development in the north. • For the prosperity of future generations in the North. • To alter from trend of decline, to one of growth. • To move from a mode of dependence, to interdependence and independence.

WHY? • The next 2 -3 years may see the loss of about 1, 000 jobs in Northern Manitoba. • That represents a loss of close to $100 m in annual income. • Which represents a $300 m/year loss to the economy (3 x multiplier applied for income recycling within the economy)

WHY? • The Northern Mining industry is a $1 billion industry, when similar geology is generating $10 billion industries in SK and QU. • The acquisition of Tolko by CKPI pulled this company back from the brink of collapse, yet it is only harvesting at 40% capacity.

WHY? However, it is not a picture without hope or opportunity, the picture is one of untapped natural resources and human potential.

WHY? • The facts & figures suggest there is evident head room for growth in key northern industries. • Despite low levels of employment and education, there is evident passion for growth and a work ethic to be harnessed and converted into enterprise.

HOW? • A series of northern economic summits took place in early April in Opaskwayak Cree Nation, Thompson and Churchill. • Meetings and community roundtables have taken place.

What did we hear? 1. Realizing Northern Mining and Other Resource Potential 2. Indigenous Engagement and Partnerships 3. A Case for Strategic Infrastructure Investment 4. Converting Housing Challenges into Opportunity 5. Building an Enterprise Eco-System of Support 6. Education, Training and Workforce Development

Next steps • An economic development strategy will be developed based on engaging widely to: o Understand needs o Identify opportunities and challenges o Co-design solutions o Create movement through many actions big and small

Creation of a Living document • • Action Oriented Targets for Success Regularly Monitored Identifies a Clear Driver

www. looknorthmb. ca Ekosani Thank You Onekanew Christian Sinclair Co-Chair – Look North Task Force Opaskwayak Cree Nation Phone: 204 -627 -7193 Email: christian. sinclair@opaskwayak. ca Chuck Davidson Co-Chair – Look North Task Force Manitoba Chambers of Commerce Phone: 204 -948 -0100 Email: cdavidson@mbchamber. mb. ca

Managing boom/bust kristof van assche -UAlberta

Bbust Boom/bust cycles mark many parts of Canada and around the world Often: dependence on 1 resource Or: generally vulnerable location/shifting networks Or: very open economy/ very small government Or: big swings in government/ investment

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Bbust Research looked at BC and AB, 12 communities Plus older projects and internat experiences: Book: Boom and bust. Local strategy for big events. In. Planning/ Aesop. Free! As e book. Q: How to mitigate boom & bust ALAS, no miracle solutions

Bbust It seems: often self- analysis missing Problem: external analyses copied [locally] Missing local knowledge Reasons to copy solutions [with externals] And if makes sense: little local buy- in

Bbust Mapping dependencies Mapping governance path Mapping context can be with support of externals

Bbust Understanding dependencies: options delineate Understanding path: clarifies old/new choices old key driving stories old contingencies; good and bad ones Modes of self- transformation: how Real change Real role of institutions; of plans; of government

Bbust Tailor- made strategy needed Can take many forms; not just plan; informal Based on self- analysis Strategy might aim at diversification Not necessarily; don’t start with solution

Bbust Quality of strategy hinges on quality self- analysis Quality self- analysis: grasp path of evolution Actors/institutions Dependencies: path dep; interdep; goal dep Forms of knowledge/expertise And, still in discursive realm: narratives, id narrat

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Bbust Often in boom/bust places: Booms own set of consequences; Bust too Repetition of cycles separate consequences 1 overall effect of this: concentration problem Few actors, few institutions, rigid narrative: ‘we are like this’ History of self- select: similar people, ideas, rules

Bbust Coming out of that: tough choices And first tough analysis; painful Part of governance itself: self- examination linked to self- determination Possibly: path not clear: transitional governance Possibly: leadership key, sacrifice: push, link, point

Bbust In strategy: learning essential Learning from past: issues, assets, change, dep Learning from other places: critically Learning from theories/ approaches: critically Only works if learning and transformation modes understood, in local path: what might work here?

8 Strategy questions Formal or informal institutions? Long or short term perspectives? Shock therapy or capacity building? Expert driven or local knowledge driven vision? Ambition and assets? Material environment? How to manage dependencies? What about content? --- learning [see above: 3 forms]

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