Creating Intergenerational Wealth For First Nations: Indigenous Settlement Trusts

For years, First Nations have been negotiating and settling specific claims relating to past wrongs committed against them, including those relating to the Crown’s failure to provide reserve lands or other assets under Treaty, as well as mismanagement of those lands or assets. For more information on specific claims and their process, please see Uncovering past wrongs: Understanding specific claims in Canada.

Many First Nations have recently settled their specific claim relating to the Crown’s failure to provide agricultural benefits or are in the process of negotiating a settlement right now. How can they protect their settlement monies and create intergenerational wealth for their First Nation? One of the ways they can do this is to create a trust.