Treaty or Tribal Association
Shuswap Nation Tribal Council
Economic Development Background
The Adams Lake Development Corporation (ALDCO) was formed in 1998. Adams Lake Chief and Council sit as ALDCO board members, acting as the business arm of Adams Lake First Nation, and pursuing projects that align with the community's traditions and vision for the future.
Summary of Economic Development Agreements, Community Businesses and Joint Ventures
Adams Lake Development Corporation (ALDCO) is undergoing a restructuring process which has already produced measurable benefits. The two largest ALDCO operations are: a 10,000 sq ft covered mill; and a large prime lakefront development, West Harbour Village, in Salmon Arm. Adams Lake band has also entered into Forestry Consultation and Revenue Sharing Agreements with the Provincial government.