The Indian Act, first introduced in 1876, was originally intended to provide temporary protection for Indigenous peoples as they assimilated into Canadian society. However, by the mid-20th century, it became clear that Indigenous peoples did not want assimilation and that the lands set aside by the Act had become permanent homelands. This has led to a new challenge: how to make reserve communities functional in Canada's market economy.
The Act has created barriers to entrepreneurship on reserves, as all economic transactions involving reserve land and its produce must be approved by government officials. This has limited the ability of Indigenous peoples to develop their own businesses and has hindered economic development on reserves.
One solution proposed is to replace the Indian Act with a new framework that would give Indigenous communities more control over their own affairs. This could include provisions for self-government, property rights, and economic development.
In conclusion, the Indian Act has created significant barriers to entrepreneurship on reserves and has hindered economic development. A new framework that gives Indigenous communities more control over their own affairs is needed to address these challenges.
