Common use of Strategic Objectives Clause in Contracts

Strategic Objectives. The Parties acknowledge and agree that they will work together in a collaborative, consensus-based, step-wise manner to: (a) initiate collaborative economic development driven by regional (such as major projects and forestry) and CSFN community-based economic development initiatives with a view to creating substantial and valuable new equity positions for the CSFNs and their members in the regional economy over time that results in: (i) increased capital investment in the region through the development of major natural resource and energy projects; (ii) increased capital investment in both CSFN and non-CSFN businesses; (iii) increased numbers of jobs for CSFN members and local communities; (iv) enhanced and new sources of revenue to support CSFN self-determination and nation-building; (v) increased sector competitiveness and predictability for the CSFNs, B.C., and industry; and (vi) enhanced opportunity for the CSFN to access new tenures, (b) establish sources of capital and other financing mechanisms, or explore the use of existing mechanisms, to support CSFN economic development; (c) increase sources of capital over time, including by drawing in federal funding commitments and cultivating partnerships with the private sector; (d) enhance the Parties' collaborative capacity to ▇▇▇▇▇▇ regional economic development through CSFN economic development initiatives; (e) implement and enhance the Parties' economic development partnership in a manner that contributes to, and facilitates, comprehensive reconciliation; and (f) resolve territorial overlap disputes and shared areas in the Territories that will deliver predictability in support of economic development.