B.C. raises forest revenue sharing amounts for First Nations in reconciliation move
VICTORIA — First Nations in British Columbia will receive a $63 million increase in forestry income this year under the development of a new revenue-sharing model that Indigenous leaders say is an encouraging move toward even higher shares in the future.
The increase was the first step toward a new forestry revenue deal consistent with the United Nations Declaration on the Rights of Indigenous Peoples, Forests Minister Katrine Conroy said Wednesday.
“The current forestry revenue-sharing model is inadequate,” she said at a news conference. “The province heard this loud and clear.”
The extra funds are the result of an increase in revenue-sharing rates from three, four or five per cent, to eight, nine or 10 per cent.


