In some cases, Aboriginal Affairs and Northern Development Canada (AANDC) has specific responsibilities for managing moneys that belong to First Nations bands. These moneys are generated through band-owned resources such as oil and gas. The Indian Act outlines AANDC's responsibilities in this area.
First Nation Management of Band Moneys
AANDC is also implementing solutions outside of the Indian Act through the First Nations Oil and Gas and Moneys Management Act. This Act enables First Nations to manage band moneys themselves. These efforts support AANDC's mandate, and the efforts of First Nations peoples to increase control of their economic, political and social affairs in order to improve their quality of life.
What Information is Available?
In this section, read more about the Indian Moneys Program and the First Nations Oil and Gas and Moneys Management Act, or find out about related topics such as historic treaties and treaty annuity payments.
You may also be interested in:
- Manual for the Administration of Band Moneys
- Indian Oil and Gas Canada
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