Following a set of studies that highlighted the success of communities operating under the Framework Agreement on First Nation Land Management (Framework Agreement), a “Partial Benefit-Cost Study” was commissioned in 2016 by the Resource Centre (RC).
Using case studies, the study was aimed at quantifying the economic role and impact of the Framework Agreement on the communities operating under the Framework Agreement. The same study in turn documented the value and benefit of the Framework Agreement to the broader national economy.
The Partial Benefit-Cost Study results suggest that the Framework Agreement generates net positive benefits (i.e., “profits”) for Canada.
Under the best estimate scenarios for each case study, the Framework Agreement provides a positive net return to Canada of between $270 million and $1.4 billion (depending on the discount rate used), modelled under the anticipated lifetime of the projects considered under the Partial Benefit-Cost Study. The five successful projects alone may generate profits from $270 million to $1.4 billion over and above the entire Framework Agreement costs, plus the costs of building and running these five projects, over their assumed lifetimes.
Please follow this link for a copy of the Press Release.
Please follow this link for a copy of the full KPMG Partial Benefit Study Findings: Final Report.