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BC Provides Millions to Indigenous Communities – Casino Reports

April 25, 2022

Last week, the Government of British Columbia informed that it will sanction a one-time grant to provincial Indigenous communities. The payment would be worth approximately CA$74 million, and it will be a compensation for the First Nations, who have accumulated heavy losses during the closure of casino properties over the last two years.

A few years ago in 2017, the B.C. government inked a reconciliation agreement with Indigenous communities to give them seven per cent of the British Columbia Lottery Corporation’s revenue. However, due to the emergency of the unprecedented situation in March 2020, the Crown corporation had to close down properties and its revenue dropped by 80 per cent during the year.

Read More: https://www.casinoreports.ca/2022/04/25/b-c-provides-millions-to-indigenous-communities/

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