Revenue sharing agreement signed by Kwantlen

On April 20, a new agreement was signed between BC and the Kwantlen First Nation that will bring forestry revenue back into the community. The Forest Consultation and Revenue Sharing Agreement (FCRSA) reflects ‘on the ground’ forestry activity in Kwantlen’s traditional territory, located in areas along the Fraser River and Stave River around Fort Langley, Maple Ridge and Mission. The agreement flows a percentage of the forestry revenue directly back into the community and allows the First Nation to decide where the dollars are needed most. Kwantlen expects $81,464 in the first year of the three-year agreement. In addition to revenue-sharing, these agreements also provide a consultation process for operational decisions related to forestry in the area. It streamlines consultation, provides certainty to the land base and provides a positive investment environment for industry and opportunities for First Nations and non-First Nations community members.