Economy
The basic economy of the area is a subsistence allowance. There are seasonal jobs that involve construction work for the major capital projects like the dyke, the new school, and the Mid Canada Line. There are the traditional economic activities like trapping, fishing and hunting. Government make-work projects create some employment from time to time. There are a small number of employment opportunities including the Fort Albany First Nation Administration office, Mundo Peetabeck Education authority, Peetabeck Health Services. Fort Albany Power Authority, James Bay General Hospital, Northern Store, Air Creebec, and other small private owned businesses.
The new De Beers Diamond mine in James Bay will also provide many new opportunities.
Read more about this topic: Fort Albany, Ontario
Famous quotes containing the word economy:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
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—Ralph Waldo Emerson (1803–1882)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)