More Indigenous participation in labour market would boost Alberta economy: Report

The Canadian Press A new report says increasing Indigenous participation in Alberta’s labour market could boost the province’s GDP by between two and three percentage points, the equivalent of $8 billion to $11 billion annually. The report by ATB Financial and professional services firm MNP pegs the total contributions of Indigenous governments, businesses and households to Alberta’s GDP in 2023 at $9.2 billion, approximately three per cent of the province’s total GDP. It says the contributions of Indigenous people to Alberta’s economy have grown by 12 to 15 per cent since 2019. But the report says disparities in income and educational attainment between Indigenous and non-Indigenous Albertans persist. It says Indigenous workers are still overrepresented in lower-paying roles and under-represented in management and professional positions The report calls on businesses,…

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