Report also recommends First Nations be involved in planning, design, management and ownership
By Karina Roman
There are hundreds of major resource projects, such as this oilsands mine near Fort McMurray, Alta., worth billions planned in Western Canada over the next decade. A new report by a joint panel says the federal government must make resource revenue sharing with First Nations a priority.
A joint First Nations and federal government working group on natural resources has issued its final report, urging Canada to make resource revenue sharing a priority going forward.
The panel identifies the sharing of resource revenue as the best means of eliminating socio-economic disparities.
“In particular, we strongly urge that the next roundtable focus exclusively on resource revenue sharing, an urgent and pressing issue for this country and all First Nations,” the report says.
But the report argues First Nation participation goes beyond getting a share of the profits of projects. It says the credibility and ultimate success of extraction projects depends on the buy-in from First Nations. It urges the federal government and industry to realize that First Nations need to be directly involved in the planning, design, management, ownership and reclamation phases of projects.