McLeod Lake Band and Province to Sign Agreement Today

Wednesday, August 25, 2010 03:59 AM

Prince George, B.C.- Expect to hear of an historic agreement today between the McLeod Lake First Nation and the Province of B.C..

Yesterday, the Province of B.C. signed a revenue sharing agreement with the Stk'emlupsemc of the Secwepemc Nation in Kamloops.

That deal provides for revenue-sharing with the Province on the mineral tax royalties from the New Afton Mine being built near Kamloops. The agreement places a strong focus on community development to assist First Nations in achieving their social and economic goals.

It is expected a similar agreement will be signed later this morning with the McLeod Lake First Nation for revenue sharing from mineral tax royalties from the Mount Milligan mine.

Minister of State for Mining, Randy Hawes says the agreement signed in Kamloops, “sends a signal to the mining industry that B.C. is a stable and progressive place to invest."

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Posted on Wednesday, August 25, 2010 03:59 AM in News by 250 News

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Comments

Posted by: acrider54 on August 25 2010 5:25 AM

Money for nothing

Posted by: northman on August 25 2010 8:51 AM

and chicks for free
Now that ain't workin' that's the way you do it
Lemme tell ya them guys ain't dumb
Maybe get a blister on your little finger
Maybe get a blister on your thumb

We gotta install microwave ovens
Custom kitchen deliveries
We gotta move these refrigerators
We gotta move these color TV's

Posted by: Howrd_B_Stern on August 25 2010 8:51 AM

and your chicks for free.

Posted by: Howrd_B_Stern on August 25 2010 8:52 AM

Ah Northman I like your taste in tunes. Mark Knopfler and Dire Straits are good.

Posted by: He spoke on August 25 2010 9:15 AM

Hey, Thank you first nations. for working with us to build our province.

Thank you mine owners, for giving up the old red neck ways, and accepting the 21st century.

Thank you EA people for stopping mines that are not willing to get on board. It is not acceptable to use any lake for mine tailings, those days are over. I should say over for this province. The people have spoken. The price of gold and copper is high enough, if you want to make a go of it, keep it with the smallest foot print as possible.

Way to go Derek, I hope that with your leadership, MLIB will become a great success story. If you never venture to try something new, it will never get any better.

Posted by: Andyfreeze on August 25 2010 9:31 AM

heheh!...good one northman!

Posted by: lost it all on August 25 2010 10:54 AM

I think that is a great idea on distributing tax revenue throughout the province.

Mr Campbell has proven he cannot manage the provinces bank account, and having some of the tax revenue distributed at source can only prove benificial for the greater good of the province.

Perhaps non-FN's communities could get on board with this revolutionary tax revenue sharing, and communities such as Fort St James and Mackenzie could reap some of the tax revenue collected from the vast forest districts in which they reside.

Posted by: Retired on August 25 2010 10:58 AM

its time that our aboriginals got a fare shacke. For 300 years they have been on the shelf at them whims of thier conquers.
Its toime they had thier independence.

We just spent more then a billion bucks on glitz. We alow the profits from our natural resourses to leave our country. The money that our city pees away on stupidity would probably assit a band for their need for a good long time.
Cheers

Posted by: superdave on August 25 2010 11:50 AM

Im going to go open a ford dealership on McLeod Lake with a liquor store inside wohhhooo I'm going to be Rich!!!

Posted by: northman on August 25 2010 12:27 PM

On the radio it said at todays market price the revenue to MLIB over the mine life would be around $34 Million.

Posted by: Eagleone on August 25 2010 10:57 PM

This is a good move long over due. Good to see McLeod lake leading again as a band looking towards the future working together to build this province.

I also agree that we need to see more resource revenue distributed directly to the adjacent communities rather then going through the bureaucrats hands in Victoria.

Posted by: trucker16x on August 26 2010 9:06 AM

Well said "He spoke"
I wonder who " Lost it all " thinks will be the next guy to try and sink the province?
Maybe we need the "Zalm" back in the big chair eh?