TORONTO (CP) – Ontario’s aboriginal communities could get $2.5 billion over the next 20 years under a new proposed deal to share revenue from provincial lotteries and casinos.
Provincial negotiators say the deal – if it’s ratified by Ontario chiefs on June 18 – would be the first agreement of its kind in Canada since it gives 133 aboriginal communities a cut of the province’s gaming revenue.
Under the proposed agreement, the 133 aboriginal communities would get a cut of all the provincial cash that comes from gaming, essentially doubling their annual revenue share to about $125 million.
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