Forest Consultation And Revenue Sharing Agreement
B.C. must act to ensure equitable sharing of forest revenues with First Nations Reconciliation requires a new fiscal relationship with First Nations that supports economic reconciliation, governance capacity and the judicious sharing of the benefits of logging lands and resources. It`s not about gambling revenue. Forestry plays an important role in bripending the socio-economic divide. The second objective of the forest strategy is the need to increase and revise the current revenue-sharing model to more equitably distribute revenues from forest lands within First Nations territories. Over the past five years, B.C has shared between $32 million and $45 million in stump revenues collected through forest consulting and revenue-sharing agreements with First Nations.