First Nations Tax Commission – Commission de la fiscalité des premières nations
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20th Jun 2012 | by: FNTC

KAMLOOPS, BRITISH COLUMBIA (June 20, 2012) – The Honourable John Duncan, Minister of
Aboriginal Affairs and Northern Development, announced today that the Schedule to the First Nations
Fiscal and Statistical Management Act (FNFSMA) has been amended to include an additional five First
Nations who have opted to participate in the regime. This tenth amendment brings the number of First
Nations scheduled under the Act to a total of 84.

“I am pleased that more First Nations from across the country have requested to opt into the FNFSMA in
order to take advantage of the economic and governance benefits it offers their communities,” said
Minister Duncan. “This initiative is just one of the many ways in which our Government is working with
First Nations to create the conditions for them to participate more fully in Canada’s vibrant economy.”

“Over the last year we have seen unprecedented interest in the fiscal powers afforded to First Nations
through the FNFSMA. Today’s announcement means 25 more First Nations have accessed the Act in
the past year. This demonstrates how much the FNFSMA has been a ‘game-changer’. First Nations are
transforming their economies, and becoming more self-sufficient in the process,” said Mr. C.T. (Manny)
Jules, Chief Commissioner of the First Nations Tax Commission.

The FNFSMA came into force on April 1, 2006. It has provided First Nations with the access to private
capital enjoyed by other governments, strengthened the First Nations real property tax system and
encouraged the use of higher financial management standards.

The five First Nations added to the Schedule to the Act include Bingwi Neyaashi Anishinaabek (ON),
Lheidli T’enneh (BC), Millbrook Band (NS), Obashkaandagaang (ON) and Saulteaux First Nation (SK).

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