Opting into legislation removes Indian Act restrictions, enabling First Nations to act faster on economic
REGINA, March 20, 2014 /CNW/ - Aboriginal Affairs and Northern
Development Minister Bernard Valcourt joined Chief Darin Poorman in
Regina today to announce that Kawacatoose First Nation is the first
community to opt into the First Nations Oil and Gas and Moneys Management Act (FNOGMMA) and take full control over the management of its land and
The moneys management provisions of the Act will enable the Kawacatoose
First Nation to act more quickly on investment, economic and employment
By opting into FNOGMMA, the Indian Act requirement of seeking Ministerial approval to expend these monies no
longer applies. This is just part of the Government of Canada's
commitment to creating the conditions for healthier, more
The community's financial code will now guide the First Nation's Council
on how their moneys are spent. This increases the level of
accountability of the First Nation's leadership and puts these moneys
more quickly into the hands and control of the community.
Kawacatoose First Nation has over 3,000 members, over 1,100 of whom
reside on the community's reserve located 120 kilometres north
On June 28, 2013, the Kawacatoose First Nation voted in favour of
implementing the moneys management component of the First Nations Oil and Gas and Moneys Management Act (FNOGMMA).
Under the FNOGMMA, First Nations communities can assume full control and
management of their oil and gas activities on reserve land, or all
their current and future capital and revenue moneys currently held in
trust for them by Canada, or both.
Any First Nation in Canada can choose to opt into the FNOGMMA.
First Nations do not need to have oil and gas revenues to opt into the
"Our Government knows that the healthiest First Nation communities are
also those dedicated to better self-sufficiency. Direct access to these
band funds means more economic opportunities for Kawacatoose First
Nation, and all First Nations that opt into this legislation. Removing
this Indian Act requirement means the First Nation can respond more quickly to
community needs and opportunities."
Minister of Aboriginal Affairs and Northern Development
"The Kawacatoose First Nation is looking forward to providing a brighter
future for our people, particularly in terms of resource development
and undertaking that in a respectful and environmentally sustainable
way. Now we can provide more economic opportunities and benefits to our
members, as well as jobs in the future to sustain our First Nation in
the long term. I'm proud to be a part of this, and I'm certain that
what we're doing today will continue to benefit our members for many
years to come."
Chief Darin Poorman
Kawacatoose First Nation
"The Chief, Council and membership should be congratulated for this
accomplishment and in the vision to implement a key stepping stone that
will now allow them to access capital for the purpose of strengthening
their Nation's economy. The passage of the FNOGMMA vote represents a
significant moment in the history of Indigenous communities in Canada.
It provides the opportunity for Kawacatoose, as it would other
entitlement bands, to access capital for the purpose of utilizing their
remaining TLE allotment. The expansion of the Nation's surface and
mineral holdings sets the stage for significant economic benefits for
the Nation, and NARP as their financial partner is poised to not only
provide capital but to assist the Nation in taking full advantage of
those economic opportunities."
President and CEO of Native American Resource Partners
Fact Sheet - First Nations Oil and Gas and Moneys Management Act
(FNOGMMA): Moneys Provisions
Frequently Asked Questions - The First Nations Oil and Gas and Moneys
Management Act (FNOGMMA): Moneys Provisions
Department of Justice - First Nations Oil and Gas and Moneys Management Act
Department of Justice - First Nations Oil and Gas and Moneys Management Voting Regulations
Kawacatoose First Nation - Community Profile
SOURCE: Aboriginal Affairs and Northern Development Canada
For further information:
Office of the Minister of Aboriginal Affairs and Northern Development
Aboriginal Affairs and Northern Development Canada
You can subscribe to receive our news releases and speeches via RSS feeds or e-mail. For more information or to subscribe, visit www.aandc.gc.ca/subscriptions.