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Pabineau First Nation in New Brunswick, Ont. sees big economic boom

The Pabineau First Nation in New Brunswick, Ont. is seeing a big economic boom.

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As crews raise the siding on a large strip mall, Terry Richardson, chief of Pabineau First Nation, sees big revenue-generating potential for his community. Pabineau is in the middle of a large-scale development it hopes will eventually bring in millions of dollars per year and fund new housing, roads and services, as reported by CBC News.

The tiny Mi'kmaw community near Bathurst recently opened a large gas station, is building a five-outlet retail complex and has plans in the works for a hotel and conference centre.

The more than 20-hectare property is at a busy crossroads in northeastern New Brunswick, off Route 11, where people travelling south to Moncton, north to Campbellton and west to Saint-Quentin all pass by. It's also right by popular snowmobile trails.

Richardson said he sees his community heading on the same path as the Madawaska Maliseet First Nation, which has several multi-million dollar businesses next to the Trans-Canada Highway near Edmundston.

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