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:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)