What Newfoundland is offering Labrador Inuit
Special to Nunatsiaq News
HAPPY VALLEY-GOOSE BAY Last week, Labrador Inuit got a look at what they might find in a land claim agreement with the provincial and federal governments.
Here’s what’s in it:
The proposed Labrador Inuit Settlement Area (LISA) is 28,000 square miles, or 20 percent of Labrador, of which 17,000 square miles is ocean;
This land will be owned by the province and co-managed by an Inuit government;
Inuit would have rights to hunt, fish and trap according to their own rules;
The development of natural resources in the settlement areas would be controlled by the province;
Impact and benefit agreements and environmental assessments of new projects would be standard;
Proposed resource royalty payments to the Labrador Inuit would be $1 million of the first $2 million earned, and 5 percent of additional royalties;
About 6100 square miles of LISA would be selected by LIA members as Labrador Inuit Lands (LIL);
The Inuit would get 25 percent of the province’s share of royalties from development.
Revenue from the giant Voisey’s Bay nickel project was negotiated as a separate section Inuit would earn three percent of the province’s proposed mining tax of Voisey’s Bay. The total could be worth about $40 million over 20 years.
As well, the federal government will award the Labrador Inuit $140 million for extinguishing their rights, and pay another $115 million to implement a final agreement, when one is reached.
Each of the Labrador Inuit communities will continue to negotiate five-year funding agreements with the federal government until the Inuit government becomes self-sufficient.