$21-million for claim settlement.
Members of the Sakimay First Nation voted to accept a $21-million settlement for land that was flooded in the 1940s. A referendum vote taken on Jan. 30 had 307 of 328 ballots cast in a favour of the settlement. The claim was over a water control structure built on Crooked Lake in the Qu'Appelle Valley east of Regina. The Indian Claims Commission ruled in 1998 that there was no proper authorization to build the structure or to flood reserve land. The land still remains under water. Under the settlement agreement, the band's 470 members will each receive $1,000 and $19 million will be invested in a bank-managed trust. Four per cent of the trust will be drawn on annually for revenue, said Chief Lynn Acoose.
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|Title Annotation:||YEAR IN REVIEW|
|Date:||Feb 1, 2013|
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