Ktunaxa to share in revenue
A new revenue-sharing agreement ensures four Ktunaxa Nation communities benefit from resource development within their traditional territory.
The agreement is the fourth Economic and Community Development Agreement (ECDA) in the province and fulfils the B.C. government’s commitment to reach 10 new non-treaty agreements under the BC Jobs Plan by 2015.
“The Ktunaxa Nation is pleased that we have reached this agreement with the Province of B.C. It is one step toward the resource revenue-sharing arrangements that must be reached with all B.C. First Nations. This agreement will further our goal of achieving the Ktunaxa Nation’s vision statement, and provide current and future generations a benefit from the resources extracted within our territory. Through the provisions in the agreement, Ktunaxa will continue their stewardship obligations to manage the land within our territory, which includes consultation of future projects,” said Ktunaxa Nation Chair Kathryn Teneese
The Economic and Community Development Agreement (ECDA) will enable the Ktunaxa Nation, comprised of the four communities of St. Mary’s, Tobacco Plains, Lower Kootenay and Akisq’nuk First Nation, to share revenues from new coal mine projects in the Elk Valley.
The agreement also links to the Strategic Engagement Agreement between B.C. and Ktunaxa Nation, which provides for a decision-making and project-review process to ensure the Ktunaxa Nation continues to be involved in decision-making about new mine projects. As well, the agreement replaces the Ktunaxa Nation Council’s existing Forest Revenue Sharing Agreement.
The ECDA provides stability and greater certainty for coal mining operations in the Elk Valley. In the past fiscal year, mineral taxes derived from all coal mines in B.C. amounted to approximately 90 per cent of total provincial mineral tax revenue. Elk Valley coal operations contribute the majority of this revenue.
The agreement also supports the BC Jobs Plan commitment to support existing jobs and create new jobs through the expansion of existing coal mines and the establishment of new mines on the coal fields in the Elk Valley.
The ECDA builds on the existing Strategic Engagement Agreement (SEA) with the Ktunaxa, signed in 2010, which guides ongoing government-to-government discussions on natural resource decisions, and is another example of B.C.’s commitment to transform its relationship with the Ktunaxa Nation.
The agreement is one step toward addressing the Ktunaxa interest in being recognized as a government in the Ktunaxa Territory, being appropriately accommodated for potential impacts on Ktunaxa Nation’s asserted Aboriginal rights, including title, achieving a greater role in the regional economy and supporting Ktunaxa community development initiatives.
Under the ECDA, the Ktunaxa Nation will invest its revenue-share to achieve its social and economic objectives, which include enhancing the well-being of Ktunaxa communities and Ktunaxa citizens through initiatives related to education, cultural revitalization, housing, infrastructure, health, economic development, land stewardship, intergovernmental engagement processes and governance capacity.