Follow Us! Like Our Page!

New chief of Peguis First Nation questions flip of desirable Wellington Crescent land – CBC

Feb 15, 2024

Province sold Peguis nearly 3 acres of riverfront Winnipeg land for $350K. First Nation sold it 6 months later

The new chief of Manitoba’s most populous First Nation wants to know why riverfront property it purchased in one of Winnipeg’s most desirable residential neighbourhoods was flipped to a private developer instead of becoming part of its reserve lands.

Peguis First Nation acquired nearly three acres of land on the north side of Winnipeg’s Wellington Crescent from the province in 2022 for $350,000, a sale price one real-estate professional calls “ridiculously low.”

Less than a year later, that land was sold to a private developer who’s now planning to build upscale condos along the Assiniboine River.

Peguis Chief Stan Bird said he’s investigating the sale and resale of the land at 611 Wellington Cres., among other actions involving the Peguis First Nation Real Estate Trust, which has the stated goal of creating housing and engaging in off-reserve development.

Read More:


NationTalk Partners & Sponsors Learn More