Ottawa signs USD 1.3-Bn landmark settlement with Siksika Nation
Ottawa signs USD 1.3-Bn landmark settlement with Siksika Nation
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OTTAWA: Canadian Prime Minister Justin Trudeau and Siksika Nation Chief Ouray Crowfoot have agreed to sign a historic land claim settlement with Siksika Nation. The land agreement was announced on June 2, as per reports.

The settlement strives to address historical wrongs stretching back over a century, when the Canadian government illegally took about half of the Siksika Nation's reserve property, including some of the most productive agricultural and mineral-rich territories, to sell to settlers.

According to a news release on the Prime Minister's website, the 1.3 billion Canadian dollar ($1.04 billion) settlement is one of the largest of its kind in Canada.

"For the People of Siksika Nation, resolving this dispute, which dates back to 1910, has been long overdue. I want to be clear: Canada is not giving Siksika 1.3 billion dollars "Crowfoot went on to say that Canada is making amends for a mistake made over a century ago when it illegally seized 115,000 acres of land provided to Siksika, among other things.

Under the terms of the agreement, Siksika can acquire up to 115,000 acres of land on a willing-seller/willing-buyer basis over time to add to their reserve land base.

Through negotiated agreements with First Nations around the country, Canada has resolved over 590 unique claims. According to the news announcement, over 180 claims have been settled through discussions since 2016.

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