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Why Partnering with Indigenous Groups on Development Projects is Good Business – Lexpert

Nov 10, 2022

These days more Indigenous individuals and groups are founding and operating their own businesses. Max Collett, Ray Chartier, Matthew Keen and Michael Manhas from Norton Fulbright Rose discuss why partnering with Indigenous groups is the right thing to do

The strong societal desire to implement reconciliation with Canada’s Indigenous peoples and generate commercial opportunities for Indigenous communities, and the relative lack of development on traditional Indian Act reserves particularly when located near growing urban centres, present opportunities for meaningful project development partnerships with Indigenous individuals, groups and communities. In this article, lawyers at Norton Rose Fulbright Canada identify and discuss key areas of interest to both Indigenous and non-Indigenous partners when forming these partnerships.

  1. What is a project development partnership with an Indigenous group?

A project development partnership with an Indigenous (First Nation, Inuit or Métis) group or Indigenous-owned company (Partnership) is an agreement between that group or company (Indigenous Partner), and a non-Indigenous entity (often a project proponent) to develop a project and divide some or all of the planning, developmental and operational responsibilities and profits. Just as projects are varied, so too are Partnerships. Understanding the potential challenges and benefits of Partnerships is essential to both Indigenous Partners and non-Indigenous project proponents.

Read More: https://www.lexpert.ca/legal-insights/project-development-partnerships-with-indigenous-groups/371375

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