First Nations Tax Commission – Commission de la fiscalitè des premières nations
FNTC in the news: Empowering aboriginal communities with free markets

FNTC in the news: Empowering aboriginal communities with free markets

On October 3, the National Post published an op-ed written by Joseph Quesnel of the Atlantic Institute for Market Studies on free markets and Indigenous communities. The following is an excerpt of the article:

To help First Nations convert more of their land into urban reserves — First Nation-owned land that Ottawa has designated as reserves, complete with tax-exempt status — the federal government has decided to make changes to its Additions to Reserve (ATR) policy.

In 2012, Manny Jules, chief commissioner of the First Nations Tax Commission, told the Senate Committee on Aboriginal Peoples that: “The problem with ATRs is that they make formerly productive lands unproductive by converting valuable fee-simple land into Indian reserves. Reserve lands are generally about one-tenth as productive as other lands in Canada. They are subject to systems of governance and land tenure that make it very difficult to do business or attract investment.”

For more: http://news.nationalpost.com/full-comment/joseph-quesnel-empowering-aboriginal-communities-with-free-markets

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