Cheam First Nation purchases Agassiz fishing lodge – Fraser Valley Today

Aug 20, 2024

CHILLIWACK — Cheam First Nation announced Tuesday (Aug. 20) it has finalized the purchase of the Fraser River Lodge in Agassiz, an acquisition valued at $18.1 million.

In a news release, the First Nation band says the transaction represents the acquisition of a world-class tourism lodge and successful business located fairly close to Cheam First Nation reserve lands. This new property is also just one mile upriver from their Cheam Fishing Village and Campground.

Cheam FN characterized the acquisition as an example of its ongoing efforts to rebuild their community and increase the much-needed land base for their future. Cheam says is taking matters into their own hands to create a better world for their people, envisioning a sustainable, prosperous future in eco-cultural tourism, eco-system-based agriculture, sustainable land development, and building world-class holistic health systems for their people and all neighbours in the region.

Read More: https://fraservalleytoday.ca/2024/08/20/cheam-first-nation-purchases-agassiz-fishing-lodge/