Ontario and First Nations' partners have signed historic resource revenue-sharing agreements in mining and forestry—the first of their kind in the province.
These agreements with First Nations, represented by Grand Council Treaty #3, Wabun Tribal Council, and Mushkegowuk Council, commit Ontario to sharing 45 percent of government revenues from forestry stumpage, 40 percent of the annual mining tax and royalties from active mines at the time the agreements were signed, and 45 percent from future mines in the areas covered by the agreements.
Resource revenue-sharing will enable First Nations to share in the economic benefits of forestry and mining operations near their communities.
The First Nations will have full control of the allocation of these funds into key initiatives that support economic development, education, health, community, and cultural priorities.
“The Anishinaabe Nation in Treaty #3 has long awaited to receive and become partners in resource revenue-sharing, and moving towards acknowledging the treaty—that we prosper as long as the sun rises and the water runs,” said Grand Council Treaty #3 Ogichidaa Francis Kavanaugh.
“The Forestry and Mining Resource-Sharing Agreement with the Province of Ontario is an important step towards more meaningful discussions on reconciliation, economic prosperity, and continued improvement in relationship building between the Anishinaabe Nation and the Crown,” he added.
“These agreements are a historic moment for the Province of Ontario,” said Natural Resources and Forestry minister Nathalie Des Rosiers.
“Resource revenue-sharing represents the commitment Ontario has to reconciliation, and will support economic development opportunities to build healthy and prosperous communities across Ontario's north,” she noted.
“Resource revenue-sharing provides a sustained source of funding for First Nations that will be directed towards local community priorities,” echoed Northern Development and Mines minister Michael Gravelle.
“These agreements are a positive step forward and an important part of Ontario's journey of reconciliation with indigenous peoples,” he said.
Resource revenue-sharing is one of many steps on Ontario's journey of healing and reconciliation with indigenous peoples.
It reflects the government's commitment to work with indigenous partners, creating a better future for everyone in the province.
These resource revenue-sharing agreements were developed collaboratively with each First Nation partner organization and eventually could benefit 39 communities across the three First Nation organizations.