
PBCN ‘cows and plows’ settlement worth $630 million
An agreement signed by Peter Ballantyne Cree Nation (PBCN) and the federal government is being described as a historic victory.
The $630 million settlement is the latest in a series of announcements that have been occurring across the province.
Under Treaty 6, the federal government was obligated to provide agricultural benefits to First Nations—a commitment that was never fulfilled. It was a promise that lingered in the background of the Nation’s history, a missing piece in the foundation of their economic development.
On March 5, that missing piece was finally restored when Crown-Indigenous Relations Minister Gary Anandasangaree officially signed off on the $630 million settlement, acknowledging the long-overdue agricultural benefits owed to PBCN.