Development of a Mushkegowuk Investment Fund

Resolution No. 2015-01-12

Development of a Mushkegowuk Investment Fund

Whereas the homelands of the Mushkegowuk First Nations encompass a significant part of Ontario and are rich in resources; and

Whereas there is an increasing involvement by the Mushkegowuk First Nations in the development of resources, infrastructure and related opportunities; and

Whereas Mushkegowuk Council has been leading the development of regional strategies and structures to pursue regional economic opportunities; and

Whereas there may be an opportunity to discuss the sharing of revenues with the Province of Ontario through the Mushkegowuk· Ontario Treaty Relationship Roundtable;

Therefore be it resolved that this Mamowihitowin of the Mushkegowuk directs the Office of the Grand Chief to explore the development of a Mushkegowuk Investment Fund to be a potential vehicle for investing an d holding regional revenues in trust for all the Mushkegowuk in order to build opportunities for future generations and

to build regional equity for future investments; and

Be it further resolved that the Grand Chief should report to the Mushkegowuk Council of Chiefs on opportunities related to the creation of a Mushkegowuk Investment Fund including information on potential purposes, appropriate management structures and potential sources of revenue.

Please note the scanned text above has been rendered using the Adobe PDF Extract API and may contain errors. Please refer to the scanned images for the correct resolution spelling and context.