Data: Economic planners need more information
Information shortfalls hurt planning
The authors of Nunavut’s 2005 Economic Outlook say they now have access to more information about Nunavut’s economy and society than they did in 2001, but they pointed out several areas where information shortfalls are holding Nunavut back.
Social indicators: very little social indicator data exists in Nunavut, making it difficult to raise issues and direct resources towards improving social conditions;
Arts and crafts: there is little or no information about the cash value of what is produced, and how much labour is expended in producing it;
The fishery: there is still incomplete information about the costs and benefits of Nunavut’s fishing industry – until those gaps are filled in, government officials can’t make informed decisions about subsidies, priorities and other issues;
Geoscience data: Although much of Nunavut’s geology is not adequately mapped, private-sector exploration firms have still managed to discover valuable deposits;
Tourism: current data on tourism is “poor,” the report says, most information about tourism is anecdotal, and the GN and Nunavut Tourism have yet to work out a focused plan for developing tourism and;
Traditional harvesting: too little is know about the cash value of food caught by hunters, although the Nunavut Wildlife Harvesting Study provides a starting point.