| What will Land Claims Benefits Cost? |
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| There is a price tag for fair and balanced land claims agreements. But the costs of a settlement are much less than the costs of not reaching an agreement. With a settlement, all the people of the Province can advance with more certainty along the road to economic development. Without a settlement uncertainty and misunderstanding will slow the Province's economic and social development. However, any agreements must reflect the financial realities and the capacity of governments to pay. These agreements must be affordable. | |
| In negotiated land claims settlements, the Innu and Inuit of Labrador will gain treaty rights to certain resources in defined areas. And the treaty will define their terms of self-government. | |
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As with land claims settlements elsewhere in Canada, the Labrador Inuit and Innu will get a cash payment from the federal government as part of the final agreements. Based on the terms of the AIP, the Inuit Final Agreement will include $255 million to be paid by the government Canada over 15 years. A significant portion of this money will be spent in Labrador and the spin-off will benefit people and businesses throughout the region. |
| This is another example of how the costs of settlement will work to the
advantage of the entire region.The terms of these settlements will create many economic
opportunities both inside and outside the treaty areas. With the cash settlement, royalties from resource development, and other economic benefits, the Aboriginal peoples will have the investment power they need to prosper. |
| The Province's primary goal is fair and affordable agreements. These agreements must protect the interests of all the residents of the Province, while providing the Labrador Innu and Inuit with the lands and resources they need to preserve their cultural heritage and traditional lifestyle, and participate on their own terms in the development of the Province. |  |
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