5.4 Sustainable Economy

The Region’s diverse economic interests are rooted in its land, people, and history. From traditional subsistence practices to resource development and creative industries, the Region’s economy reflects a unique blend of cultural heritage, ecological richness, and entrepreneurial spirit.

The Plan considers a range of renewable and non-renewable land uses and sectors, and prioritizes a strong regional economy that can sustain future generations. Sustainable development, as defined in the THFA, is a guiding principle in this Plan – one that calls for long-term thinking, stewardship, and respect for the interconnected values of the Region. Economic development must be approached in a way that honours the land’s capacity to provide, and upholds ecological, cultural, and social values to ensure lasting prosperity.

A Sustainable Local Economy is one that is resilient, diverse, and inclusive – like the community it supports. It sustains livelihoods while respecting the land, culture, and community. Economic activities are deeply tied to the land. Many economic practices such as hunting, fishing, gathering, artistry, and small-scale agriculture are not only sources of sustenance but also expressions of cultural identity and stewardship. Supporting these practices strengthens both economic and cultural resilience.

As with the other categories of values, economic activities are interconnected and affect each other. Infrastructure and transportation networks, for instance, influence the ability of communities to participate in and benefit from economic opportunities, and have the potential to fragment ecosystems or disrupt cultural landscapes if not planned well.

The Plan does not prioritize one economic sector over another. Instead, it recognizes the importance of a diverse, resilient economy that supports multiple pathways to prosperity. While some sectors may currently be more prominent, all economic activities are considered in relation to their long-term contributions to community well-being and ecological health.

Just as ecological and cultural values are assessed in terms of long-term impacts, economic decisions must also consider how multiple activities interact over time and space. This ensures that short-term gains do not compromise future opportunities.

Economic planning should be community-driven, reflecting the aspirations and expertise of those who live and work in the Region. This includes leadership by Tr’ondëk Hwechin, youth engagement, and support for entrepreneurs and small businesses.

Sustainable Economy Goals

1. Residents of the Region have access to diverse economic opportunities that do not compromise current or future community well-being or ecological integrity.
2. Local economic activity supports a comfortable standard of living for all residents.
3. Economic activities that take place in the Region benefit all the Region’s residents.
4. Land use conflicts are minimal, and there is land-use certainty across the Region.
5. To minimize impacts to the land, economic activities and development make efficient use of existing access and infrastructure.
6. The Region’s economy includes a strong traditional economy, centred on cultural value and social well-being.
7. The Region’s economy is largely centred on sustainable activities, provides for current and future generations, and is resilient, versatile, and responsible.
8. The Region’s economy must be strong, robust, and profitable to the Region’s residents.
9. The Region’s economy supports multigenerational operations.

Environment Values