Ten Times Harder: Leveling the Playing Field

Overview

To provide needed tools for economic development and improve the quality of life on reserve, First Nations led an initiative to establish, through legislation, four institutions which will be operated by and for First Nations. The institutions established by the First Nations Fiscal and Statistical Management Act (which became law on March 23, 2005) include a finance authority, a tax commission, a financial management board and a statistical institute.

These institutions provide First Nations with the access to capital markets available to other governments. They strengthen the First Nations real property tax system and provide representation for taxpayers. They provide appropriate financial standards and financial management capacity. Finally, they will serve to fill the current gap in First Nations statistics.

Timeline of Parliamentary History