Farms.com Home   Ag Industry News

14 First Nations settle Agricultural Benefits Claims

14 First Nations settle Agricultural Benefits Claims
Feb 26, 2025
By Farms.com

Canada settles historical agricultural benefit claims with First Nations communities

The Canadian government recently announced settlements with several First Nations communities, addressing longstanding agricultural benefit claims.  

Fourteen First Nations communities received settlements, including the Ahtahkakoop Cree Nation, James Smith Cree Nation, Little Black Bear First Nation, Mosquito Grizzly Bear’s Head Lean Man First Nation, and Pelican Lake First Nation, among others.  

Once fully resolved, the total compensation for these claims will reach approximately $1.72 billion. 

Quick Facts: 

  • Treaty 6 was signed in 1876, covering central Saskatchewan and Alberta. 

  • Treaty 4 was signed in 1874, covering areas of Saskatchewan, Manitoba, and Alberta. 

  • From April 2020 to January 2025, Canada settled 198 claims for nearly $11.4 billion. 

These settlements aim to promote economic growth and strengthen communities, allowing First Nations leaders to invest in education, health care, economic initiatives, and self-sustaining projects. This move aligns with Canada's broader commitment to reconciliation and upholding Indigenous rights. 

“Resolving specific claims is a key part of the Government of Canada’s reconciliation with First Nations.” said The Honourable Gary Anandasangaree, Minister of Crown-Indigenous Relations and Northern Affairs. 

“When we were informed that Canada has finally developed the process to settle our long outstanding Treaty Four Agricultural Benefits Claim, we were very happy to hear that there was something in place to settle this important Treaty promise. Little Black Bear’s Band Membership has agreed to the settlement offer and the Trust Agreement that goes with it,” said Chief Clarence Bellegarde of Little Black Bear First Nation. 

“Our Nation now has the resources to plan a better future and a clearer vision for our people. The principal amount of money will remain in Trust and continue to provide an own source revenue stream for our Nation and our people for years to come. Also, the honour payment that our people received after waiting for so long has been distributed and it is being spent back into the Canadian economy. We wish to thank all those who had a hand in this process.”

Photo Credit: Little-black-bear-first-nation-logo


Trending Video

Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?

Video: Will the 2025 USDA December Crop Report Be a Market Mover/Surprise?


Historically, the USDA December crop report is a non-event or another dud report as the USDA reserves any final supply changes to the final report in January of the following year in this case 2026. But after the longest U.S. government shutdown in history at 43 days and no October crop report will they provide more data/surprise and make an exception?
Our China U.S. soybean purchase tracker is now at 26.6% or a total of 3.2 mmt but for traders it’s taking too long to unfold.
The final Stats Canada production report was bearish canola and wheat projection a record crop in both (it adds to the global glut of supplies) and bullish local corn and soybean prices in Ontario/Quebec thanks to a drought. It will not help the fund flow short-term, the USDA may need to offset it?
A U.S. Fed interest rate cut of another 25-basis point next Wednesday (probability 87.1%) could help fund flow and sentiment in stock and ag commodities into year end.
More inflows into Bitcoin this past week saw prices rebound back above 90,000 with support at 82,000 and resistance at 96,000.
A V-shaped bottom in cattle suggest the lows are in after Mexico reported another new world screwworm case. Lower weights, seasonal demand and higher U.S. beef select/choice values with a continued closure of the Mexican border to cattle will result in a resumption of higher cattle futures into yearend.
Australia is expected to produce its 3rd largest wheat crop ever at 36 mmt adding to the global glut of supplies.
Reports of ASF in hogs in Spain the largest pork exporter in Europe could see the U.S. win more pork export business long-term.
If the rains verify into next week of 3-5 inches for Brazil it would go a long way to fixing the dry regions from the last 2-months, but the European weather model has been wrong for the past 2-months!
Natural gas futures are surging to the 3rd price count as frigid hold temps set in.
CDN $ is also surging to end the week on a very resilient economy and better employment numbers suggesting no interest rate cuts next week.
Finally, the CFTC report showed funds were net buyers of soybeans but sellers of corn, canola and wheat. In real time the funds have gone back to selling as they take some profits.