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CONTRIBUTION TO THE LOCAL ECONOMY

Cowichan Tribes’ total expenditures for the combined operations for 2003/04 were over $60 million.  About 60% of this is spent directly in the Cowichan Valley.

Expenditures in the Cowichan Valley Region (2004)

Goods & Services:        
$ 20.0 million
Payroll:                      
$ 11.0 million
Social Assistance:         
$   3.5 million
Sub-total :                  
$ 34.5 million
Spin-off benefit (@ 2%):
$   0.7 million
TOTAL:                       
$ 35.2 million


Member Expenditures in the Cowichan Valley Region*

Number of Cowichan Households**:           
       600
x Average Annual Household income:    
$20,000
x Percent spent locally:                             
      75%
TOTAL:                                           
$9 million


* Estimate only
** On and Off Reserve

 

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