Ont. First Nations stand to get $2.5 B over 20 years under new gaming deal

Posted: June 15, 2007 in Appeasement & Cowardice, Conservative Cowards, Home Grown Terrorism in Canada, June 29th 2007, Natives

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.

Read the full story here

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