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Consortium of Indigenous chiefs seeking a way to participate in cannabis economy – North Delta Reporter

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Indigenous communities have been left out of the Canadian cannabis economy, and a group of Indigenous chiefs are out to change that for the good of their communities.

Chief Robert Gladstone of Shxwha:y First Nation says a consortium they’re calling “All Nations Chiefs” has worked for months to negotiate an agreement for on-reserve cannabis distribution directly with the province – but to no avail.

“It’s been two years since the rollout where they did not consult adequately with First Nations,” said Gladstone. “We are trying to find a way to participate in this new economy.”

To get there, they’ve organized an online forum with All Nations Chiefs from the communities of Shxwha:y, Cheam, Soowahlie and Sq’ewlets for the morning of Dec. 2. Organizers have invited Premier John Horgan, stakeholders, and the public to join them in the virtual dialogue on the cannabis question.

Gladstone described the recalcitrance from provincial counterparts as “another pathway out of poverty blocked” for First Nations communities across Canada, noting that only four per cent of Canadian cannabis licences are Indigenous-affiliated.

“That four per cent should be disturbing to everyone,” he said.

The group has also launched a petition that had almost 1,500 signatures by Nov. 27.

“We are asking Honourable Premier Horgan to take real action towards reconciliation and honour his government’s platform commitment to the UN Declaration of Indigenous Rights (UNDRIP) by allowing First Nations to participate in B.C.’s cannabis industry,” according to the petition preamble.

Since legalization, local First Nations leaders have been trying to control their own their destinies by finding a way to participate in the emerging economy “on a nation-to-nation basis,” the chief said.

Shxwha:y officials decided to go the route of applying for a Section 119 licence agreement under the Cannabis Control and Licensing Agreement Act, Chief Gladstone explained.

A Section 119 licence is required to legally distribute cannabis from retail stores on reserve land, and involve the province entering into agreements with individual First Nations, which supersede the Act. Only one community has signed such an agreement to date, the Williams Lake Indian Band. The Shxwha:y application used the Williams Lake vision as their model.

Some of the on-reserve cannabis stores in the area without provincial licensing have been operating in what government officials would describe as a grey area legally, while leaders are trying to negotiate a better way, with formal applications pending.

They started on-reserve stores under the inherent laws of their nation rather than under provincial licensing, some by enacting cannabis laws through land codes.

Those models differ from the route chosen by the owners of the first fully licensed cannabis store on reserve, which is The Kure on the Skwah reserve.

“The ultimate goal is to codify and harmonize the laws and regulations among all three levels of government,” Gladstone underlined.

But months later they are stymied, with no timeline, feedback or any response from the provincial government on their application. So they’re stepping up the pressure.

“We are reaching out. If they don’t answer, it’s a direct way of saying they are not interested in working toward a government-to-government relationship. There’s just no other way to interpret this.”

The online forum next Wednesday will focus on solutions to bring inclusivity and diversity to the nascent cannabis sector with First Nations involvement.

They feel they’ve put in the work to give the province a workable model.

“Now all we ask is recognition for our inherent right to trade and barter,” Gladstone said.

Chief Gladstone tells a story of how cannabis has changed everything in his village and beyond.

In total more than 100 people are working in the on-reserve stores around the Chilliwack area.

“These workers are not on CERB or social assistance,” Gladstone said.

As of a couple of years ago there were only four people working in Shxwha:y village. Now there are 13 jobs being held down currently at the store, and another 30 at the cultivation facility, where All Nations Cannabis Corp. is a Health Canada licensed cultivator and licensed producer applicant.

“It’s changed the standard of living for many in our village, going from abject poverty to a tier closer to the middle class,” Gladstone said. “So this is a success story.

“What we’re saying to the province is: ‘Don’t destroy this miracle of economic revival.’

“We’re just asking for co-operation.”

READ MORE: Cannabis stores rolling through the pandemic

READ MORE: Chilliwack has unique approach to cannabis retail

Do you have something to add to this story, or something else we should report on? Email:
jfeinberg@theprogress.com


@CHWKjourno
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Taiwan economy seen growing 3.61% in fourth quarter on boost from exports: Reuters poll – TheChronicleHerald.ca

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TAIPEI (Reuters) – Taiwan’s economy is expected to have expanded 3.61% year-on-year in the fourth quarter, a Reuters poll showed, as the export-dependent island continued to shake off the coronavirus jolt with a return of strong shipments and consumer confidence.

The trade-dependent economy grew 3.92% in the third quarter from a year earlier, in a solid rebound from a 0.58% contraction in the second quarter.

Taiwan, a key hub in the global technology supply chain for tech giants such as Apple Inc, is expected to have posted slightly slower gross domestic product (GDP) growth of 3.61% on year in October-December, according to the poll of 14 economists.

Predications varied widely from growth of 2.1% to as high as 6.83%.

Exports in 2020 rose 4.9% to $345.28 billion, a record high by value for a single year.

In December, Taiwan’s central bank revised up its growth outlook for this year.

It raised its 2020 forecast for GDP growth to 2.58% from 1.6% predicted in September, and projected 2021 growth at 3.68%, compared with 3.28% seen at its last quarterly meeting.

Taiwan’s exports have benefited from the work-and-study from home trend around the world, which has boosted demand for laptops, tablets and other electronics made with components supplied by firms like Taiwan Semiconductor Manufacturing Co Ltd (TSMC).

Taiwan’s largest trading partner China registered faster-than-expected economic growth in the fourth quarter of last year, with GDP up 6.5% year-on-year.

Taiwan’s preliminary fourth-quarter figures will be released on Friday. Revised figures, including details and government forecasts, will be published about three weeks later.

(Poll compiled by Carol Lee; Reporting by Ben Blanchard; Editing by Shri Navaratnam)

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Taiwan economy seen growing 3.61% in fourth quarter on boost from exports: Reuters poll – TheChronicleHerald.ca

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TAIPEI (Reuters) – Taiwan’s economy is expected to have expanded 3.61% year-on-year in the fourth quarter, a Reuters poll showed, as the export-dependent island continued to shake off the coronavirus jolt with a return of strong shipments and consumer confidence.

The trade-dependent economy grew 3.92% in the third quarter from a year earlier, in a solid rebound from a 0.58% contraction in the second quarter.

Taiwan, a key hub in the global technology supply chain for tech giants such as Apple Inc, is expected to have posted slightly slower gross domestic product (GDP) growth of 3.61% on year in October-December, according to the poll of 14 economists.

Predications varied widely from growth of 2.1% to as high as 6.83%.

Exports in 2020 rose 4.9% to $345.28 billion, a record high by value for a single year.

In December, Taiwan’s central bank revised up its growth outlook for this year.

It raised its 2020 forecast for GDP growth to 2.58% from 1.6% predicted in September, and projected 2021 growth at 3.68%, compared with 3.28% seen at its last quarterly meeting.

Taiwan’s exports have benefited from the work-and-study from home trend around the world, which has boosted demand for laptops, tablets and other electronics made with components supplied by firms like Taiwan Semiconductor Manufacturing Co Ltd (TSMC).

Taiwan’s largest trading partner China registered faster-than-expected economic growth in the fourth quarter of last year, with GDP up 6.5% year-on-year.

Taiwan’s preliminary fourth-quarter figures will be released on Friday. Revised figures, including details and government forecasts, will be published about three weeks later.

(Poll compiled by Carol Lee; Reporting by Ben Blanchard; Editing by Shri Navaratnam)

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South Korea's economy slips by most in two decades – MarketWatch

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South Korea’s economy contracted 1.0% in 2020–the worst performance in more than two decades–after its recovery lost steam in the final quarter on a resurgence of coronavirus cases.

Gross domestic product grew 1.1% during the October-December period from the prior quarter, following a 2.1% expansion on-quarter during the July-September period, showed preliminary Bank of Korea data on Tuesday.

The weaker growth data let the country, Asia’s fourth largest economy, log its weakest annual performance since 1998 at the height of the Asian financial crisis.

The latest reading–above the median forecast of 0.6% growth by economists polled by The Wall Street Journal–suggests that a new wave of Covid-19 cases challenges–though not derails–the export-driven recovery recently in the country. Stricter social distancing is in place to help curb the pandemic but also weighs on business activities and consumer spending.

The central bank data showed private consumption fell significantly in the fourth quarter while exports jumped on brisk demand for semiconductors and petrochemicals.

Year-on-year, the economy shrank 1.4% in the fourth quarter following a 1.1% contraction in the previous quarter. The median market forecast was for a 1.6% contraction in the final quarter.

The South Korean economy is viewed as remaining on track for a recovery, as the country ramps up fiscal and monetary stimulus.

The bank expects the economy to expand 3.0% in 2021.

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com

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