AKWESASNE — An “economic leakage” study is underway at Akwesasne Mohawk territory.
The Mohawk Council of Akwesasne’s Economic Development Program explained that leakage studies examine how much money is circulated within a certain area — in this case the territory of Akwesasne — and how much leaves the area to be spent outside.
The study will allow the Mohawk Council and local businesses to understand and improve the local economy, according to a news release.
“The results will help identify what types of businesses are needed in Akwesasne, information that will be beneficial to anyone who is aspiring to be a business owner,” the Mohawk Council said in the release.
“It will also help MCA identify long-term economic strategies and opportunities, and the results will be used as a benchmark to compare today’s economy with the economy in years to come.”
The council has hired the consulting firm MNP LLP to conduct the study.
“One component of the study is a survey, which all Kawehno:ke, Kana:takon and Tsi Snaihne district community members are asked to participate in,” the Mohawk Council said.
“Survey responses will be kept anonymous.”
As an incentive for participation, survey respondents will be entered into a weekly draw for CKON radio bingo packages.
All completed surveys received by the Mohawk Council through April 30 will be entered. Drawings will take place throughout April, with the final draw set for May 2.
For more information about the survey, visit the Mohawk Council of Akwesasne’s Economic Development Facebook page at facebook.com/MCAECDEV or contact Economic Development Officer Christopher Thompson at (613) 575-2250, Ext. 1050.