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 RRAFN
Trust Office
Roseau River Anishinabe Nation Trust is the entity that manages
the Treaty Land Entitlement settlement funds, land acquisitions,
due diligence and maintenance of Trust properties. The Trust
has an obligation to buy 5,861 acres of land within 15 years
of the settlement in 1996. To date, they have purchased 3,774.8
acres and have advanced to INAC 2,584.6 acres for conversion
to reserve status. The trust expects to fulfil the land purchase
obligation within the allotted time frame. Future land purchases,
already in negotiation, will be strategic for economic development
and include property in the city of Winnipeg for an Urban
Reserve.
The Trust settlement has had many economic benefits. Capital
has grown and the land base has increased. Job opportunities
and the possibility for joint ventures are also increasing.
The Trust has a staff of two, and a local board that meets
bi-weekly. Its mandate is to preserve the capital and to purchase
the shortfall. Most of the benefits of the Trust’s activities
will be in the future. In the traditional way, the Trust is
structured to look seven generations ahead. It will be another
two or three generations before the results of its work will
begin to be seen. |
