Doughnut Economics: radical Idea to transformative action

Carlotta Sanz

Carlota Sanz, co-founder of the Doughnut Economics Action Lab (DEAL) will present the vision of Doughnut Economics at the hybrid 'State of the Island' Economic Summit, Oct. 27-28 at the Vancouver Island Convention Centre and online. She will show it's being turned into transformative action to create ecologically safe and socially just cities and places around the world.  

Doughnut Economics proposes an economic mindset that's fit for the 21st century context and challenges. It's not a set of policies and institutions, but rather a way of thinking that brings about the regenerative and distributive dynamics that this century calls for. Drawing on insights from diverse schools of economic thought - including ecological, feminist, institutional, behavioural and complexity economics.

Thanks to the City of Nanaimo for Sponsoring this Session. Register Now

Philanthropy's role in deploying capital in the new economy

Andrew Chunilall

Join Andrew Chunilall, CEO, Community Foundations of Canada at the hybrid 'State of the Island' Economic Summit, taking place October 27th & 28th at the Vancouver Island Convention Centre and online.

Andrew will lay out how trickle-down philanthropy has been perpetuating economic inequality through its business models and culture of donor centricity. We will examine how philanthropy can adopt the principles of equitable, sustainable, just and inclusive to help deploy capital to resolve economic inequality.

Andrew joined Community Foundations Canada in 2013 and became CEO in 2017. Now at the head of the community foundation movement, Andrew is working closely with the Community Foundations of Canada Leadership team, Board and foundations in Canada and abroad to help the philanthropic sector transform, innovate and meet the new challenges and opportunities of the 21st century. An increasingly active public speaker, Andrew is helping raise awareness for how the philanthropic sector’s convening power, leadership and action around targets such as the Sustainable Development Goals can help Canadian communities reach their full potential. 

Island Wood Forum set for October

It's time for industry stakeholders to come together and pursue 21st-century solutions. 

Hosted by the Tseshaht First Nation, VIEA's third Island Wood Forum will be held on October 12 at the Alberni Athletic Centre.

There's a lot to consider!

VIEA has data to share from its recent Waste Wood Recovery pilot project with the K'omoks and Qualicum First Nations;

The BC government has recently released its modernization plan for BC Forest Policy;

The work of the Huu-ay-aht First Nation and Western Forest Products related to Economic Reconciliation in the forest sector;

And, issues of sustainability and natural resources management brought to the forefront recently in Fairy Creek, demand our attention.

The complete Wood Industry Forum agenda is under construction. Watch for updates...

This is an opportunity for industry stakeholders to come together and consider these and other issues and opportunities important to the industry. We welcome you to join the conversation!

Registration will open soon. Watch for details and save the date: 

Tuesday, October 12, 8:30-4:30.

The Wood Industry Forum is of particular interest to anyone directly involved in forestry and wood manufacturing. Previous forums (2018 & 2019) have focused on issues and opportunities associated with access to fibre, innovative manufacturing, government policy, and business cases for attracting investment to new value-added wood products. Previous agendas have focused on issues and opportunities associated with access to fibre, fire hazard mitigation, waste wood data analysis, changes in government policy and the Coastal Forest Recovery Program.

This forum follows years of work by VIEA to help solve the problem of access to fibre that continues to inhibit diversification of value-added wood manufacturing on Vancouver Island

It is no secret, the world has changed

Susan Mowbray, Chief Economist for MNP. She assembles the data for the Report and presents findings annually at the Economic Summit.

0427 - The question is ‘what does this mean and what will this mean in the Island region?’

Easy access to reliable, repeatable data across sectors and across time is a good starting point--a starting point created to inform decisions with the latest economic data available.

The 2021 ‘State of the Island’ Economic Report is in development and will be released at the 15th annual Economic Summit Oct 26-28. Produced by VIEA since 2015, this will be the 7th edition enabling decision-makers to chart trends in our local economy.

If you haven’t seen or used the Economic Report, you should check out its reader-friendly, info-graphicdesign that puts top level information at your fingertips while giving access to ‘the data behind the data’. And all six editions starting in 2015 are available so that trends can be charted to show issues arising and opportunities emerging.

   "The 'State of the Island Economic Report' is a very helpful tool in my role as leader of TD Bank's Commercial Banking teams across the Island. I leverage the data in the report regularly for my annual business planning activities; I review the industry info to help identify new and growing opportunities; I review population growth stats to ensure we have team coverage across the Island aligned with growth and demand; and I review business formation and insolvency info regularly to identify trends. I've been using the report for the last several years and find it a reliable tool with valuable insights that help me form unique strategies for the coming year.” - Katie Bishop, District Vice President, Vancouver Island, TD Commercial Banking.

   “VIEA’s ‘State of the Island Economic Report' is an invaluable tool in the work we do in community. As the primary Workforce Development organization in the North Vancouver Island region, we use regional statistics provided in this report for a range of purposes including: writing funding and grant proposals; labour market information that supports skills development, training, and self-employment opportunities for clients; understanding industry trends and preparing to support industries for upscaling and/or downscaling their human resource needs; organizational strategic planning; and finally we use the cost of living and affordability statistics to keep ahead of trends in terms of our own recruitment and retention strategies. Given the difficulty in sourcing local labour market information for smaller cities and communities, this resource is invaluable and I appreciate the work VIEA puts into publishing it every year." - Shannon Baikie MA, CCDP, Regional Manager, Community & Labour Market Services, North Island Employment Foundations Society.

The Economic Report is the only non-government, regional economic report of its kind in Canada. VIEA members and Island Good license holders receive the Report digitally free of charge. Back issues (2015-2019) are freely accessible at The current issue is available for purchase ($195 digital and hard copy).

VIEA produces the Economic Report annually as an information service available to anyone seeking reliable information regarding the Island economy.

Current sponsors include MNPCoastal Community Credit Union, and Nanaimo Airport. The Report is produced by MNP under contract with VIEA and guided by a committee of knowledgeable volunteers.

For sponsorship information, contact VIEA President, George Hanson,