Northwest Territories Intergovernmental Resource Revenue Sharing Agreement. | Land Portal

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The present Agreement between the Government of the Northwest Territories and the Aboriginal Parties, made on February 27, 2014, fulfils a commitment made in the Northwest Territories Intergovernmental Resource Revenue Sharing Agreement that requires the Government to recommend legislation providing for the sharing of the net fiscal benefit. This reflects the vision of communities sharing in the benefits of a prosperous Northwest Territories, and the goal of a strong and independent North built on partnerships. The text consists of 8 sections as follows: Definitions (1); Purpose (2); General Provisions (3); Sharing of Net Fiscal Benefit (4); Review and Amendment of Agreement (5); Status of Agreement (6); Legislation (7); Execution of Agreement (8); Additional Parties to this Agreement (9)

Implemented by: Northwest Territories Intergovernmental Resource Revenue Sharing Agreement Act (S.N.W.T 2014, c. 12). (2014)

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A land of vast distances and rich natural resources, Canada became a self-governing dominion in 1867, while retaining ties to the British crown. Economically and technologically, the nation has developed in parallel with the US, its neighbor to the south across the world's longest international border. Canada faces the political challenges of meeting public demands for quality improvements in health care, education, social services, and economic competitiveness, as well as responding to the particular concerns of predominantly francophone Quebec.

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