The FNTC undertook a video project profiling First Nations to celebrate their successes in using property taxation to build their economies and generate revenues. The intent was to revisit the past 25 years of First Nation property taxation in Canada and allow First Nations themselves to share how property taxation has impacted their community and what it means to them.
Background on community property tax.
Sumas First Nation is located in the city of Abbotsford. Just on the east side of Abbotsford on both sides of Highway 1. It’s about 320 members, of which 170 live on reserve. We started doing taxation in 2004, and we collect about $250,000 dollars a year in property tax.
How has property tax supported economic development in your community?
Our ability to take in property tax has allowed us to expand our economic development initiatives, as well as improve our infrastructure to attract more investors and developers to our lands.
I think if any community looking towards going property taxation, it’s a great idea. I would just make sure that you have a good solid base and good people to help you run it well.