About Us

The Nuu-chah-nulth Economic Development Corporation (NEDC) was incorporated in 1984 to assist the Nuu-chah-nulth to achieve economic and social independence through the contribution of financial assistance and advisory services to individual and tribal business development initiatives. In 1997 eligibility criteria was expanded to include all Aboriginal people residing and operating within the Nuu-chah-nulth territory.

Vision Statement

To continue to develop and grow to be the best Aboriginal Corporation dealing with financial, banking and business development services which will play a major role in helping Nuu-chah-nulth communities become healthy, wealthy and socio-economically independent by seizing all existing and emerging opportunities and building on the new economy.

Purpose
The Nuu-chah-nulth Economic Development Corporation is a regional organization operating a variety of programs to encourage rural economic development and entreprenuership. It is incorporated under the Canada Corporations Act as a not-for-profit organization.  The corporation is exempt from income tax under section 149 of the Canadian Income Tax Act.

Corporate Structure

The Board of Directors
The operations of the Nuu-chah-nulth Economic Development Corporation (NEDC) shall be governed by the Board of Directors of the Corporation. The Board is comprised of 20 members, one from each of the 14 member Tribes of the Nuu-chah-nulth Tribal Council (NTC), 5 members-at-large and an appointee from the NTC, normally one of the three Co-chairpersons.