NWT aboriginal groups get 1st payments from devolution’s resource revenue – CBC
Tlicho receive nearly $1M share of revenues from mining, oil and gas
Nine aboriginal groups in the N.W.T. are getting their first taste of devolution money this month, with one group seeing nearly $1 million from the deal.
Under the devolution agreement, the territorial government agreed to share up to 25 per cent of the N.W.T.’s resource revenues — money collected from the profits of oil and gas and mining companies, plus other taxes.
Eddie Erasmus, the grand chief of the Tlicho Government, says his government received $912,000 from the territorial government for the fiscal year 2014-15.
