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MCN, OCN sign MOU for shared logging revenue

Published on Tuesday, 09 August 2022 12:12

Just after the long weekend, the Province signed a Memorandum of Understanding (MOU) with Mosakahiken Cree Nation (MCN) and Opaskwayak Cree Nation (OCN) that will work towards developing revenue sharing that will see up to 45 percent of revenues from timber dues.

“This is a historic day for MCN,” said MCN Chief Vincent Bercier. “We will be the first reserve to have revenue sharing as part of this agreement with the logging industry. The revenue sharing and stumpage fees will differ depending on how much logging is done in the year. It will benefit the community by giving us more opportunities for infrastructure, create jobs and just allow us to do more for our community and people.”

“In the spirit of reconciliation, this is a great first step that allows us to assert our sovereign rights as the OCN,” said OCN Chief Sidney Ballantyne.

“This revenue sharing concept has been talked bout for years with our community and to see this finally come to action gives me hope as a leader. Not only will the added revenue help with improving our services for our people, it will benefit both our community and our neighbours in MCN with added opportunities.”



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