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Final report - Integrated Land Management Bureau

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Class of objective: Economic diversification (listed as Section 3.4 in<br />

Schedule C and G):<br />

Recommended indicators for Economic Diversification<br />

Objective: Diversify the economies of First Nations and other communities<br />

Indicator Rationale Unit/description/scale Data<br />

source/frequency<br />

D1 Economic<br />

diversity index<br />

(compared with<br />

North Island and<br />

province)<br />

D9 Commercial<br />

loan levels<br />

Community<br />

economies<br />

that rely on<br />

multiple<br />

sectors are<br />

considered to<br />

have stronger<br />

economic<br />

health than<br />

those who<br />

are<br />

dependent<br />

on only one<br />

or a few<br />

sectors<br />

An increase<br />

in<br />

commercial<br />

credit<br />

accessed<br />

usually is<br />

associated<br />

with<br />

economic<br />

activity in a<br />

region<br />

Index score by census<br />

sub-division. Data to<br />

be compared with<br />

North Island census<br />

subdivision and<br />

province.<br />

The diversity index<br />

is produced by BC<br />

Stats. Economic<br />

diversity index is<br />

based on Census<br />

data. It is available<br />

every five years<br />

approximately two<br />

years after the<br />

Census year 1 .<br />

Dollars per plan area Commercial loan<br />

information by<br />

Credit Unions,<br />

Community Futures<br />

Development<br />

Corporations, and<br />

other focused<br />

lenders (no single<br />

existing source<br />

available)<br />

Desired<br />

direction<br />

Increased<br />

economic<br />

diversity index<br />

scores<br />

and increased<br />

scores relative to<br />

North Island and<br />

province<br />

Increased<br />

commercial loan<br />

levels in the plan<br />

areas<br />

xvi

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