Resource Revenue-Sharing Agreements
This paper analyzes how British Columbia and Ontario structure their resource revenue-sharing agreements with First Nations and identifies considerations to support other provinces in drafting new agreements.
Abstract
A growing number of First Nations across Canada are entering into agreements with provincial governments to share revenues from natural resource extraction within their traditional territories. Yet, little guidance exists on the design of these Resource Revenue-Sharing Agreements (RRSAs). In this paper, we examine publicly available RRSAs to summarize their common components. We outline the decision points involved in structuring an RRSA and discuss potential benefits and drawbacks for First Nations considering entry.
JEL–Classification: Q28, Q32, J15
Keywords: Natural Resources; Revenue Sharing; First Nations
