Settling land claims makes business sense

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Settlement of Aboriginal land claims will lead to increase economic development in British Columbia, said a northern businessman.

David Connelly, president of the Inuvialuit Development Corporation, said the corporation is a prime example of how resolution of land claims and opportunities in the B.C. marketplace can benefit anyone.

The IDC is an Aboriginal company based in NWT, with $70 million in assets, including $20 million in B.C.

"Aborignal people win having their long-standing claims addressed, receiving compensation where appropriate, and getting the respect they deserve," he said. "Native Canadians and British Columbians win working together to generate investment opportunities and create jobs."