2. There shall be established under the name of “Cree Development Corporation”, a legal person in the public interest with share capital, dedicated to the economic and community development of the James Bay Crees and having the particular objects of(1) supporting the long-term development of each Cree community ;
(2) developing an original Cree expertise in the field of economic development and the management of development funds ;
(3) promoting and accelerating job creation for the Crees in the Territory ;
(4) making the Crees active partners of Québec in the economic development of the Territory ;
(5) assisting, promoting and encouraging the creation, diversification or development of businesses, resources, properties and industries with a view to stimulating economic opportunities for James Bay Crees and contributing to their general economic well-being ; and
(6) facilitating the establishment of partnerships between the Crees and Québec as well as with public and private enterprises for the carrying out of development activities in the Territory.