The deals allow the First Nations to keep 95 per cent of on-reserve gas tax revenue up to $8 million and 70 per cent of amounts beyond that. In pulling out of the agreements, Higgs called on First Nations chiefs to negotiate "a modern and sustainable economic partnership." (Julia Wright / CBC)Last month, Court of Queen's Bench Justice Richard Petrie ruled that the gas-tax agreements extend to about $5 million in carbon tax revenue. Those are programs the province refuses to subsidize even while it moves to grab the band's retail tax revenue. Six additions to reserve land have been approved since 2018, raising the possibility more businesses will relocate there, costing the province tax revenue.
Source: CBC News April 13, 2021 14:43 UTC