Poilievre to endorse First Nations proposal for greater control over resource revenues

  • 📰 globepolitics
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 78%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

In a news release, Conservatives say the FNRC would result in simplified negotiations between resource companies and First Nations and that the proposal will respect treaty rights and constitutional rights

Manny Jules, Chief Commissioner of the First Nations Tax Commission, said in a letter last year that the First Nations-led initiative 'will support their governments in receiving direct, secure and stable fiscal revenues from resource projects on their lands, just like other governments.'will be in Vancouver on Thursday to endorse a First Nations proposal that is designed to allow their communities to take greater control over resource revenues.

Thursday’s announcement on the FNRC underscores efforts by the Conservatives to attempt to strengthen relations with First Nations. Mr. Poilievre is expected to detail on Thursday how the FNRC will make resource projects more attractive to First Nations, meaning that they more likely to go ahead. The Tzeachten First Nation said it is good to see the Conservatives “propose to cede some of the federal corporate tax room.” It said the communities who have been leading the proposal, and the First Nations Tax Commission, intend to hold them to this commitment. It added that First Nation jurisdiction is a non-partisan issue and that it wants all parties and provinces to support the FNRC.

“However, there is no clarity about how to distribute fiscal benefits among governments and economic benefits among individuals while also paying for environmental costs,” he said in the letter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines