KDC is the economic development arm of the Cowichan Tribes. With a membership of almost 4,000 people, the Cowichan Tribes is British Columbia’s largest single First Nations community. Khowutzun Development Corporation operates in the capacity of:

• overall management of the group of companies and;
• small business/entrepreneur funding facility.

In its role as overall management, KDC provides general management services and all finance related management, including accounting, cash management and business planning and preparatory services. These services are charged out to the various companies of the group and account for 47% of the company’s revenues. The remaining revenues primarily come from Cowichan Tribes contributions for tobacco tax and INAC economic development funding. These funds are earmarked for the small business/entrepreneur funding and economic development.

The Khowutzun Development Corporation (KDC) was incorporated under the Company Act on May 12, 1993. KDC and its subsidiaries currently hold the active business assets of the Cowichan Tribes. All future development falls under the direction of KDC on behalf of Cowichan Tribes.

KDC will be a profit oriented, international, diversified, and self sustaining corporation that fulfils the economic objectives of the Cowichan Tribes. KDC will be the first choice employer of the Tribe’s citizens because of its focus on capacity building. KDC will focus on profit that will make it possible to grow its businesses, invest in new economic development activity and have enhanced sustainable employment.

KDC will initiate, develop and manage business opportunities which are compatible with Cowichan Tribes culture and heritage. KDC shall strive to maximize long term profitability to support economic development and capacity building to be full participants in the local, regional and national economy.