Building the Next Economy -- Dr. Amanda Cahill

On January 24, around 70 local residents gathered in the Powell River Public Library to hear a presentation on new approaches to local economic development by Dr. Amanda Cahill, CEO of the Australian not for profit The Next Economy.

Dr. Cahill was invited by local resident and facilitator Kate Sutherland to share how The Next Economy works with regional communities to manage economic change to build more climate resilient, regenerative and just economies. After a welcome prayer by Tla’amin Elder Doreen Point, Dr Cahill presented the story of the community of Gloucester near Sydney that had been long divided over whether to develop the LNG industry. She shared how a small group of women brought the town together to explore alternative economic futures that build on local resources, skills, and interests. Not only did this lead to five new enterprises being established, but also helped the town overcome deep divisions.

Following the presentation, attendees formed small groups to explore two questions: 1) What is special about our place? and 2) What economic activities already exist in the region that generate benefits for both people and planet?

Attendees identified a long list of strengths and initiatives that can be built on to diversify the local economy, create jobs and attract new investment. Many people commented on how refreshing it was to be part of a positive conversation about the future of the region.