Contribution: Community Readiness Opportunities Planning
LIIDLII KUE FIRST NATION
$56,872.00
Development of Liidlii Kue First Nation Trust Fund
EF 2021-22 · 2021-08-05
Résumé
Establish a community investment trust fund. The proposed Trust will oversee and manage one-time and annual revenues accruing from Impact and Benefit Agreements (IBAs) signed with resource development companies as well as funds from an expected land claim settlement. The trust will preserve and grow capital for the long-term benefit of the LKFN and its citizens, generating a stable and sustainable income stream for the community’s benefit. The community may use the funds to invest in community infrastructure, training and/or scholarships for members and economic development activities.
Programme
Community Readiness Opportunities Planning
Bénéficiaire
Emplacement
FORT SIMPSON, Northwest Territories, Canada
Type de bénéficiaire
Indigenous recipient
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Tel que publié
Agreement End Date
2022-03-31
Agreement Number
2122-CN-000042
Agreement Start Date
2021-08-05
Agreement Title
Development of Liidlii Kue First Nation Trust Fund
Agreement Title (French)
Développement du fond fiduciaire de la Première Nation Liidlii Kue
Agreement Type
Contribution
Agreement Value
$56,872.00
Amendment Number
0
Description
Establish a community investment trust fund. The proposed Trust will oversee and manage one-time and annual revenues accruing from Impact and Benefit Agreements (IBAs) signed with resource development companies as well as funds from an expected land claim settlement. The trust will preserve and grow capital for the long-term benefit of the LKFN and its citizens, generating a stable and sustainable income stream for the community’s benefit. The community may use the funds to invest in community infrastructure, training and/or scholarships for members and economic development activities.
Description (French)
Establish a community investment trust fund. The proposed Trust will oversee and manage one-time and annual revenues accruing from Impact and Benefit Agreements (IBAs) signed with resource development companies as well as funds from an expected land claim settlement. The trust will preserve and grow capital for the long-term benefit of the LKFN and its citizens, generating a stable and sustainable income stream for the community’s benefit. The community may use the funds to invest in community infrastructure, training and/or scholarships for members and economic development activities.
Expected Results
As a result of this project, the LKFN will have significantly increased its capacity to manage its financial resources, make decisions for future financial prosperity and pursue sustainable economic development opportunities.
Expected Results (French)
Grâce à ce projet, le LKFN aura considérablement augmenté sa capacité à gérer ses ressources financières, à prendre des décisions pour sa prospérité financière future et à poursuivre des opportunités de développement économique durable.
Federal Riding
Northwest Territories
Federal Riding (French)
Territoires du Nord-Ouest
Federal Riding Number
61001
Organization Code
cannor
Organization
Canadian Northern Economic Development Agency | Agence canadienne de développement économique du Nord
Program Name
Community Readiness Opportunities Planning
Program Name (French)
Programme de préparation des collectivités aux possibilités économiques (PPCPE)
Program Purpose
To improve the economic development capacity of Aboriginal communities and increase economic development in the three territories.
Program Purpose (French)
Le fonds PPCPE vise à améliorer la capacité des communautés autochtones face au développement économique et à accroître le développement économique dans les trois territoires.
Recipient City
FORT SIMPSON
Recipient Country
CA
Recipient Legal Name
LIIDLII KUE FIRST NATION
Recipient Operating Name
LIIDLII KUE FIRST NATION
Recipient Postal Code
X0E 0N0
Recipient Province or Territory
NT
Recipient Type
A
Reference Number
0780-2021-2022-Qrt2-0000003
