Abstract
In this study, we explore alternative strategies available to the Little Red River Cree Nation for meeting their projected socio-economic needs using the natural resources to which they have access. We analyze outcomes from mathematical programming models for various forest policy regimes, ranging from current sustained-yield management to sustainable forest management. The potential outcomes of the two approaches are analyzed using financial returns, harvest volumes and ecological impacts. Results indicate that decision-makers face significant trade-offs in determining an appropriate management strategy for the forest lands they control. Our main conclusion is that economic development strategies for First Nations must diversify away from forest resources in the long run if they are to be successful. Key words: boreal forest, First Nations, forest co-management, forest policy, old growth, sustainability
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