Province and Northern First Nations Achieve Historic Agreement to Share Revenues from Resources
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May. 4, 2018

28 First Nation communities including LDMLFN along with Indigenous and provincial leaders announced the signing of a series of resource revenue sharing agreements that will see money from mining and forestry operations in northern Ontario flow to First Nations partners in the territories where those activities take place.

The agreements, made with First Nations represented by Grand Council Treaty #3, Wabun Tribal Council and Mushkegowuk Council, will see Ontario share 45 per cent of annual revenue from forestry stumpage with the First Nations.

It will also share 40 per cent of the annual mining tax and royalties from mines active at the time the agreements were signed and 45 per cent from future mines in the territories covered by the agreements.

"It's awesome.  It's truly a historic agreement," said Judy Maunula, who uses her Ojibway name, Whitecloud in her role as Chief of Lac de Mille Lacs First Nation. "It actually operationalizes what is known as M.A.I or the Great Earth Law," Chief Whitecloud said. "It's the traditional and spiritual law of Treaty #3 and basically it speaks to sharing the natural resources, sharing what the creator has given us with our brothers and sisters and our relations and our friends within Treaty #3."  

To read the full news article visit:

http://www.cbc.ca/news/canada/thunder-bay/ontario-first-nations-resource-revenue-sharing-1.4646576

 

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