Sometimes when the name says it all, the name says it all. This is true in a basic sense with Indigenous Economic Development Corporations. Namely a corporation (or group of corporations) formed to develop the economic activity of a community.
Economic Development Corporations (also known as “EDCs”) in short form are corporations formed under the laws of governmental regulation to manage the economic arm of the Indigenous community. They are becoming more and more commonly used in Canada and, more importantly, are becoming more influential in the overall Canadian corporate environment.Read More