Historic deal struck for the province’s largest First Nation
A $630 million agriculture benefits agreement has been secured by Saskatchewan’s largest First Nation the Peter Ballantyne Cree Nation (PBCN).
On March 5, the federal government’s Crown Indigenous Relations Minister, Gary Anandasangaree signed the settlement agreement. The agreement acknowledges overdue agriculture benefits owed to PBCN, which the nation was entitled to under Treaty 6.
Leadership say the settlement is significant because it provides an essential piece in the foundation of their economic development and it also represents the First Nation’s fight to honour treaty which can finally be put to rest.
“This settlement is about more than just compensation – it’s about Canada honouring its treaty commitments,” said Peter Beatty, Chief of PBCN, said in a news release.
“For generations, our people were promised agricultural benefits that were never delivered. Now, with this agreement in place, we can invest in our communities, create economic opportunities, and build a stronger future for the next generations. This is not just a win for our nation, but a step toward reconciliation and fairness,” he said.
The agreement stipulates the some uses of the funds, including: financial compensation to address past injustices; a settlement trust to safeguard the funds for future generations; and a finance code to ensure transparency and responsible financial management.
“This isn’t just about the past – it’s about what we do next,” said Beatty.
Before the settlement was finalized, members of PBCN had the opportunity to vote on the agreement through a ratification process, which included community meetings and information sessions.
According to the federal government’s website, the First Nation has a registered population of 13,007 members.
About two-thirds of PBCN eligible voters turned out, with 93 percent voting in favour of the settlement.
In a statement by PBCN, the First Nation said the settlement is a recognition of their ancestors’ struggle, and that the funds from the settlement will strengthen the nation’s future.
“This agreement gives us a chance to build up our communities, create new opportunities, and set up future generations for success,” said Beatty.
On Monday, the Muscowpetung Saulteaux Nation voted to accept an Agricultural Settlement worth $98.9 million.
