The present Act is made under the Northwest Territories Lands and Resources Devolution Agreement and fulfils the commitment made to reflect the Resource Revenue Sharing Agreement. It can be seen as a strong commitment to work with Aboriginal government partners. Through devolution, the Government of the Northwest Territories collects resource revenues from public lands under its administration and control. From the resource revenues retained by the territorial government, a share will be provided to participating Aboriginal governments. This Resource Revenue Sharing Agreement provides direct benefits to Aboriginal governments for resource development activities throughout the onshore and allows Aboriginal governments to increase their own capacity. The text consists of 6 sections.
Implements: Northwest Territories Lands and Resources Devolution Agreement. (2013-06-25)
Implements: Northwest Territories Intergovernmental Resource Revenue Sharing Agreement. (2014-02-27)
Authors and Publishers
A land of vast distances and rich natural resources, Canada became a self-governing dominion in 1867, while retaining ties to the British crown. Economically and technologically, the nation has developed in parallel with the US, its neighbor to the south across the world's longest international border. Canada faces the political challenges of meeting public demands for quality improvements in health care, education, social services, and economic competitiveness, as well as responding to the particular concerns of predominantly francophone Quebec.