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Gregory C Mason, Associate Professor of Economics, University of Manitoba

REVEALED: First nations are using creative disruption to foster economic growth in their communities | Vintage Vibes

Prime Minister Justin Trudeau and Squamish Nation councillor Khelsilem hold a ceremonial paddle after a groundbreaking ceremony at the First Nation's Sen̓áḵw housing development site in Vancouver in September 2022. THE CANADIAN PRESS/Darryl Dyck

First Nations have been resisting the historic and ongoing impacts of Canada’s extractive economy on their communities by exercising their right to self-governance and taking control of their economic futures.

Creative disruption stands in contrast to creative destruction, a term coined by Austrian political economist Joseph Schumpeter. Schumpeter argued that capitalism causes old ideas and technology to quickly become obsolete through the process of innovation. In the pursuit of profit, capitalism ruthlessly and relentlessly eliminates old ideas and installs new ones.

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