BRITISH COLUMBIA

B.C. government, Fraser Valley First Nation sign new revenue-sharing deal

07/11/2014 08:34 EDT | Updated 09/10/2014 05:59 EDT
VANCOUVER - The B.C. government has now signed its 150th forestry revenue-sharing agreement with a provincial First Nations.

Aboriginal Relations and Reconciliation Minister John Rustad says the latest agreement is with the Seabird Island Band from the Fraser Valley community of Agassiz, B.C.

The Forest Consultation and Revenue Sharing Agreement ensures a portion of provincial revenues from forestry activities on the band's traditional territory supports social and economic development.

Rustad says the agreement helps First Nations participate in economic development and bring benefits to aboriginal communities.

Seabird Island Band Chief Clem Seymour says the deal opens doors for relationship building and to create longer-term certainty in working with government.

The B.C. government says it's the first province to share revenue from mining, forestry and other resources with the province's First Nations.