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FNTC: NEWS
Press Release: First Nations Fiscal And Statistical Management Act Comes Into Force
OTTAWA, ONTARIO (April 1, 2006) – On March 31st, 2006, Governor General Michaëlle Jean signed the Order in Council to bring the First Nations Fiscal and Statistical Management Act into force, effective April 1, 2006.
“The coming-into-force of the legislation represents another significant milestone for First Nations participating in this initiative. The Act brings many opportunities for First Nations that are implementing their jurisdiction over taxation and self-government. The legislation will help them attract private sector investment to their lands and support economic growth,” said C.T. (Manny) Jules, Chairman of the Indian Taxation Advisory Board.
The legislation, which received Royal Assent on March 23rd, 2005, establishes four institutions – the First Nations Tax Commission, First Nations Finance Authority, First Nations Financial Management Board, and First Nations Statistical Institute. Although the Act is now in force, three of the institutions are awaiting the passage of regulations and the appointment of their Board Members/Commissioners to become operational.
The work to transition from the Indian Taxation Advisory Board (ITAB) to the First Nations Tax Commission (FNTC) will continue until the appointment of a Chief Commissioner and 9 other Commissioners is completed. ITAB is working closely with those First Nations who have decided to participate in the Act. ITAB expects the FNTC to be operational in September 2006.
“We now have 23 First Nations who have passed Band Council Resolutions requesting to be added to the schedule of the Act and the interest continues to grow. These are historic and exciting times,” said Chairman Jules.
Press Release: Jules Resumes Role As Chairman Of The Indian Taxation Advisory Board
Kamloops, British Columbia (September 13, 2005) – The Honourable Andy Scott, Minister of Indian Affairs and Northern Development, today reappointed C.T. (Manny) Jules as Chairman of the Indian Taxation Advisory Board (ITAB or the Board).
In December 2003, Mr. Jules made the decision to relinquish his full-time duties as ITAB Chairman and, in the interim, focus his energies on the passage of the First Nations Fiscal and Statistical Management Act (FSMA). His central role in the passage of the legislation included the responsibility as spokesperson for the initiative. ITAB Deputy Chair, Chief Strater Crowfoot, assumed the role of ITAB Chairman during the parliamentary process. The FSMA received Royal Assent, with the support of all parties in Parliament, on March 23, 2005.
“It is a privilege to again serve as ITAB Chairman. I am looking forward to this challenging opportunity to complete the evolution of the First Nations real property tax system with the successful transition to the First Nations Tax Commission,” said Mr. Jules on his return to the office of the Chairman of ITAB. Chief Crowfoot will resume his position as ITAB Deputy Chair.
ITAB was established 1989 to advise the Minister on bylaw approval and property taxation matters in support of the “Kamloops Amendment” to the Indian Act enhancing First Nation property taxation jurisdiction on-reserve. Today, 106 First Nations are now exercising their property taxation jurisdiction, raising more than $44 million in much needed revenue annually to increase investment in local infrastructure providing enhanced economic prospects and to offer better services to on-reserve taxpayers.
The FSMA creates four institutions, operated by and for First Nations: the First Nations Tax Commission, the First Nations Financial Management Board, First Nations Statistics and the First Nations Finance Authority. The Act is scheduled to come into force in 2006.
Press Release: FMA Receives Royal Assent; All-Party Support For First Nation-Led Legislation
OTTAWA, ONTARIO (March 23, 2005) – The First Nations Fiscal and Statistical Management Act (Bill C-20) received Royal Assent today. The legislation, which establishes four First Nation-led institutions, received all-party support in the House of Commons and the Senate.“This is an important milestone for First Nations and Canada,” said Chief Strater Crowfoot, Indian Taxation Advisory Board Chairman. “With the passage of this legislation – with all party support – Parliament has recognized the importance of improving the First Nation investment climate and infrastructure. The legislation will also strengthen taxpayer relations.“
With the passage of Bill C-20, the current Indian Taxation Advisory Board (ITAB) will evolve into the First Nations Tax Commission. The Commission will assume ITAB functions under section 83 of the Indian Act and will be responsible for regulatory oversight for First Nation property tax under the legislation. Bill C-20 also provides, for participating First Nations, stronger enforcement powers, mechanisms to improve property tax payer relations, and access to the full range of benefits offered through the legislation.
Today, more than 20% of the First Nations in Canada collect property taxes, generating more than $44 million in revenue.“For current and future First Nation property tax authorities, this is an important step beyond the Indian Act and a critical improvement to the First Nation property tax system. Today, these First Nations have a choice and new institutions to support economic growth”, said Chief Crowfoot.
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CLEARING THE PATH: NEWS & SUCCESS STORIES
Press Release: First Nations Fiscal And Statistical Management Act Comes Into Force
OTTAWA, ONTARIO (April 1, 2006) – On March 31st, 2006, Governor General Michaëlle Jean signed the Order in Council to bring the First Nations Fiscal and Statistical Management Act into force, effective April 1, 2006.
“The coming-into-force of the legislation represents another significant milestone for First Nations participating in this initiative. The Act brings many opportunities for First Nations that are implementing their jurisdiction over taxation and self-government. The legislation will help them attract private sector investment to their lands and support economic growth,” said C.T. (Manny) Jules, Chairman of the Indian Taxation Advisory Board.
The legislation, which received Royal Assent on March 23rd, 2005, establishes four institutions – the First Nations Tax Commission, First Nations Finance Authority, First Nations Financial Management Board, and First Nations Statistical Institute. Although the Act is now in force, three of the institutions are awaiting the passage of regulations and the appointment of their Board Members/Commissioners to become operational.
The work to transition from the Indian Taxation Advisory Board (ITAB) to the First Nations Tax Commission (FNTC) will continue until the appointment of a Chief Commissioner and 9 other Commissioners is completed. ITAB is working closely with those First Nations who have decided to participate in the Act. ITAB expects the FNTC to be operational in September 2006.
“We now have 23 First Nations who have passed Band Council Resolutions requesting to be added to the schedule of the Act and the interest continues to grow. These are historic and exciting times,” said Chairman Jules.
Press Release: Jules Resumes Role As Chairman Of The Indian Taxation Advisory Board
Kamloops, British Columbia (September 13, 2005) – The Honourable Andy Scott, Minister of Indian Affairs and Northern Development, today reappointed C.T. (Manny) Jules as Chairman of the Indian Taxation Advisory Board (ITAB or the Board).
In December 2003, Mr. Jules made the decision to relinquish his full-time duties as ITAB Chairman and, in the interim, focus his energies on the passage of the First Nations Fiscal and Statistical Management Act (FSMA). His central role in the passage of the legislation included the responsibility as spokesperson for the initiative. ITAB Deputy Chair, Chief Strater Crowfoot, assumed the role of ITAB Chairman during the parliamentary process. The FSMA received Royal Assent, with the support of all parties in Parliament, on March 23, 2005.
“It is a privilege to again serve as ITAB Chairman. I am looking forward to this challenging opportunity to complete the evolution of the First Nations real property tax system with the successful transition to the First Nations Tax Commission,” said Mr. Jules on his return to the office of the Chairman of ITAB. Chief Crowfoot will resume his position as ITAB Deputy Chair.
ITAB was established 1989 to advise the Minister on bylaw approval and property taxation matters in support of the “Kamloops Amendment” to the Indian Act enhancing First Nation property taxation jurisdiction on-reserve. Today, 106 First Nations are now exercising their property taxation jurisdiction, raising more than $44 million in much needed revenue annually to increase investment in local infrastructure providing enhanced economic prospects and to offer better services to on-reserve taxpayers.
The FSMA creates four institutions, operated by and for First Nations: the First Nations Tax Commission, the First Nations Financial Management Board, First Nations Statistics and the First Nations Finance Authority. The Act is scheduled to come into force in 2006.
Press Release: FMA Receives Royal Assent; All-Party Support For First Nation-Led Legislation
OTTAWA, ONTARIO (March 23, 2005) – The First Nations Fiscal and Statistical Management Act (Bill C-20) received Royal Assent today. The legislation, which establishes four First Nation-led institutions, received all-party support in the House of Commons and the Senate.“This is an important milestone for First Nations and Canada,” said Chief Strater Crowfoot, Indian Taxation Advisory Board Chairman. “With the passage of this legislation – with all party support – Parliament has recognized the importance of improving the First Nation investment climate and infrastructure. The legislation will also strengthen taxpayer relations.“
With the passage of Bill C-20, the current Indian Taxation Advisory Board (ITAB) will evolve into the First Nations Tax Commission. The Commission will assume ITAB functions under section 83 of the Indian Act and will be responsible for regulatory oversight for First Nation property tax under the legislation. Bill C-20 also provides, for participating First Nations, stronger enforcement powers, mechanisms to improve property tax payer relations, and access to the full range of benefits offered through the legislation.
Today, more than 20% of the First Nations in Canada collect property taxes, generating more than $44 million in revenue.“For current and future First Nation property tax authorities, this is an important step beyond the Indian Act and a critical improvement to the First Nation property tax system. Today, these First Nations have a choice and new institutions to support economic growth”, said Chief Crowfoot.