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Generating Sustainable Wealth

Gitxsan Development Corporation Update

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Gitxsan Development Corporation Update

February 17th, 2011

In the past four years of planning the Gitxsan Chiefs are in a final process of establishing a Gitxsan Development Corporation (GDC) to act as an overall holding company for initiatives we are developing or contemplating in forestry, carbon credits, energy, transmission lines, and the fishery and so on. The opportunity is for all our companies (e.g. GFEI) to be independent subsidiaries thereby gathering all our assets to establish a huge “bankable” company – attracting investment and building infrastructure for job creation.

Thus the opportunity is here, today, for business managers in these various corporate structures. As well, there is ample opportunity for educated and business minded directors – credible and bankable folks to attract huge investment to the northwest – for job creation. These structures are the foundation for continued job creation and a better quality of life for Gitxsan and other people.

Read full article here

Chiefs approve Gitxsan Dev Corp Structure

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Gitxsan Hereditary Chiefs approve structure for Gitxsan Development Corporation

Gitxsan Hereditary Chiefs have decided on a structure for the Gitxsan Development Corporation (GDC). At a meeting in Hazelton Wednesday January 19th, 2011, the Hereditary Chiefs approved a structure that would create a Gitxsan Trust and new, as yet unnamed, Gitxsan society to oversee the business of the GDC. The Hereditary Chiefs would appoint directors and trustees to the two new entities to ensure the direction is consistent with the wishes and needs of the Gitxsan people.

Click link to see full story: Gitxsan Chiefs News Release

Employment for our People

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Because of steps taken by the Simgiigyet, there are now Gitxsan people employed who may have otherwise been unemployed.

  • 14 on the Suskwa watershed,
  • 8 on the Gitwangak watershed Northwest Transmission Line,
  • 11 on the trail from Gisgaga'as to Bear Lake (Dam Smaex), and
  • 20 on the Gitsegukla Watershed. 
The true engine of job creation for the Gitxsan are the nine watersheds, 33,000 sq km run by the Simgiigyet.

Community Contribution

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The Gitxsan Hereditary System is working to create a stable and sustainable future for all Gitxsan.

The Gitxsan Chiefs also contribute to community projects that improve the quality of life.