Close Menu
Simply Invest Asia
  • Home
  • Industries
  • Investment
  • Money
  • Precious Metals
  • Property
  • Stock & Shares
  • Trading
What's Hot

Value stock alert! A FTSE 100 share at a 5-year low with record profits

March 7, 2026

Forex Rates | Live Forex Rates | Cross Currency Pairs | FX Rate

March 7, 2026

Oil is set to hit $100 a barrel in days and even reach $150, experts say as crucial Strait of Hormuz remains shut to tankers and US says war could continue for six weeks

March 7, 2026
Facebook X (Twitter) Instagram
Trending
  • Value stock alert! A FTSE 100 share at a 5-year low with record profits
  • Forex Rates | Live Forex Rates | Cross Currency Pairs | FX Rate
  • Oil is set to hit $100 a barrel in days and even reach $150, experts say as crucial Strait of Hormuz remains shut to tankers and US says war could continue for six weeks
  • gold price prediction: Why are gold and silver prices rising now, and will precious metals begin their dream run again or continue to be volatile? Gold and silver jump, analysts insights and market outlook explained
  • Utilities Down, But not by Much, on Defensive Bias – Utilities Roundup
  • Municipal bonds offer a rare opportunity as yields climb, says Nuveen’s Dan Close
  • Better Stock to Buy Right Now: Royal Caribbean vs. Viking Holdings
  • Building society launches new ‘competitive’ savings account with 4% interest | Personal Finance | Finance
Facebook X (Twitter) Instagram YouTube
Simply Invest Asia
  • Home
  • Industries
  • Investment
  • Money
  • Precious Metals
  • Property
  • Stock & Shares
  • Trading
Simply Invest Asia
Home»Property»Canada transfers nearly 200 acres of land to Snuneymuxw First Nation near Nanaimo
Property

Canada transfers nearly 200 acres of land to Snuneymuxw First Nation near Nanaimo

By LucasOctober 16, 20253 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


The federal government has transferred nearly 200 acres of former Department of National Defence land to the Snuneymuxw First Nation near Nanaimo.

The land, which is made up of several parcels, totals 194.7 acres (78.8 hectares) and is being added to the nation’s reserve lands through the federal government’s “addition to reserve” process.

The property is located in the Mount Benson (Snuneymuxw’s te’tuxwtun) area, and the nation is looking at using the land to build housing, commercial spaces, enhanced infrastructure and “other economic development opportunities,” according to a joint release from the Snuneymuxw First Nation and Ministry of Crown-Indigenous Relations on Thursday.

“Snuneymuxw First Nation’s reserve land base is the lowest per capita reserve land base in B.C.,” reads the joint statement.

“Expanding Snuneymuxw reserved lands strengthens Snuneymuxw’s role within the region and is a step toward honouring the nations’ inherent responsibilities within the territory.”

Snuneymuxw First Nation Chief Mike Wyse says the land transfer reaffirms the nation’s stance that its ancestors “never surrendered our land.”

“These te’tuxwtun lands have always been Snuneymuxw. Our sacred connection can never be broken,” he said in a statement. “Nearly two centuries of big work and perseverance have led us to this moment.”

“On behalf of our nation, I thank Minister Alty and her team for their commitment and dedication,” he added.

Wyse says the nation and Ottawa are walking along a “path of reconciliation” and that the nation will “continue to bring forward economic results with Minister Alty and all other willing partners.”

The land transfer announcement is shown on Oct. 16, 2025. (CHEK News)

The land transfer comes after the Canadian government and nation signed the “Snuneymuxw First Nation’s Teytexen Village Specific Claim settlement agreement” earlier this year, which saw the federal government provide the nation with $42 million in compensation for its “failure to set aside village lands promised under the 1854 Snuneymuxw Sarelquun (Douglas) Treaty.”

“This failure deprived the nation of the use and benefit of those lands for generations,” reads the joint statement Thursday.

Rebecca Alty, Canada’s minister of Crown-Indigenous relations, said Thursday’s announcement was a sign of the federal government’s commitment to reconciling relationships with First Nations.

“The resolution of the Teytexen Village Specific Claim also marks a positive step forward in Canada’s relationship with the people of Snuneymuxw First Nation, and reflects our determination to address past wrongs and advance reconciliation with all First Nations,” she said.

Earlier this year, the B.C. government also transferred about 700 hectares of land in the Mount Benson area as part of a land transfer agreement that promised more than 3,000 hectares of land in total to the nation.

As of July, about a third of that total had been transferred, according to the nation.

SEE ALSO: Province, Snuneymuxw First Nation purchase former Nanaimo Howard Johnson site



Source link

Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

Related Posts

Taxing Immovable Property Revenue Potential and Implementation Challenges

March 6, 2026

Investor demand for industrial property is coming back

March 6, 2026

How to Start Investing in Industrial Real Estate

March 6, 2026
Leave A Reply Cancel Reply

Our Picks

‘I’m a TV property expert and one country is the next big place to buy abroad’ | Celebrity News | Showbiz & TV

November 3, 2025

Industrial demand for silver outpaces production, fueling strong momentum: GJEPC

November 28, 2025

Sustained Industrial & Logistics sector progress at property business

January 22, 2026

Govt orders refiners to boost LPG output as Hormuz disruption worsens | Economy & Policy News

March 6, 2026
Don't Miss
Stock & Shares

Value stock alert! A FTSE 100 share at a 5-year low with record profits

By LucasMarch 7, 2026

Image source: Getty Images At a price-to-earnings (P/E) ratio of 15.9, Rightmove (LSE:RMV) shares may…

Forex Rates | Live Forex Rates | Cross Currency Pairs | FX Rate

March 7, 2026

Oil is set to hit $100 a barrel in days and even reach $150, experts say as crucial Strait of Hormuz remains shut to tankers and US says war could continue for six weeks

March 7, 2026

gold price prediction: Why are gold and silver prices rising now, and will precious metals begin their dream run again or continue to be volatile? Gold and silver jump, analysts insights and market outlook explained

March 7, 2026
Our Picks

The surprising amount of money 20-somethings already have saved up

January 28, 2026

Acorn Capital’s risky bets on small cap gold, uranium, lithium miners net thumping returns

November 2, 2025

Is Wedding Insurance Worth It? Why One Expert Says It’s a Must ‘For Every Couple’

November 3, 2025
Weekly Pick's

Bengaluru man loses Rs 92.57 lakh to online forex fraud, was promised 'large gains'

November 18, 2025

7 Best Prop Trading Firms for 2026

January 16, 2026

Prax Lindsey oil refinery bought out of administration by US rival | Energy industry

January 15, 2026
Monthly Featured

Budget 2026: SBI Research seeks tax breaks, reforms to boost insurance penetration

January 27, 2026

If You Invest Rs 5 Lakh In Gold Now, Here’s What It May Grow Into By 2030

November 25, 2025

Ukraine says Russian oil refinery near Moscow attacked

November 15, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
© 2026 Simply Invest Asia.

Type above and press Enter to search. Press Esc to cancel.