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Real estate development investment will help First Nation mitigate oil price rollercoaster –

April 11th, 2022

“About 60 per cent of the Nation’s annual budget comes from their businesses, and so when oil crashes, those businesses make less money and that means the Nation gets less income to pay for programs and services like education and health care.” — Stuart Randell, director of investment for Fort McKay First Nation

Diversifying its economic portfolio will allow Fort McKay First Nation in northern Alberta to continue to provide a full range of services and programs to members even when oil prices dip.

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