The purpose of this report is to identify and review economic development opportunities in order to devise an economic development strategy that can be implemented for the benefit of the Chipewyan Prairie Dene First Nation people and can be negotiated with the public and private sectors. Their intention is to proceed with a three-phase process that includes strategic planning, negotiations, and implementation. This report examines several public sector program activities currently being implemented by the Alberta Department of Environmental Protection including the privatization of many natural resource management functions formerly conducted by the public sector, especially those involving forestry related function; and the new initiative planned by Alberta Land and Forest Service to contract aboriginal forest fire fighters. Also examined are the opportunities stemming from and induced by the Alberta Pacific Forest Industries Inc Forest Management Agreement with the Alberta Government. The forest harvesting operations surround the traditional lands of the Chipewyan Prairie Dene First Nation and have become an integral part of its landscape. Also, the energy sector's activities are examined including conventional oil and gas exploration and production on the First Nation's traditional land, and the oil sands developments. This includes both existing and proposed mining activities north of Fort McMurray and the numerous in-situ developments being planned on traditional lands. Also discussed are the service sectors that support the forestry and energy sectors, and the potential role of First Nation people. The underlying assumption is that the aboriginal people can be employed in several sectors of the economy, at varying levels of responsibility and in all capacities. The means of participation can be in wage employment, contracting, joint-venturing or direct ownership. Finally, the report examines the First Nation's potential labour force, its education, training and qualifications, and work experience. The organizational structure and administration of the First Nation necessary to deliver services is considered. This includes an assessment of the corporate structure to best deliver services on behalf of the First Nation. This report also comments on some of the social constraints that encumber the delivery of employment related services from the community.