Snuneymuxw First Nation and Waterfront Holdings announce partnership to develop Nanaimo’s waterfront.
First of its kind agreement forges strong ties between Snuneymuxw First Nation and Nanaimo-based developer
A reconciliation agreement between the Province and the Snuneymuxw First Nation will bring economic benefits to the Snuneymuxw, while increasing certainty for business in the Nanaimo region.
The agreement creates economic opportunities for the Snuneymuxw through the transfer of three land parcels, totalling over 877 hectares (2,100 acres), in the Mount Benson area. These will provide forestry-related opportunities that can be used to generate revenue and to create employment for Snuneymuxw members. The agreement also transfers to Snuneymuxw a culturally significant property in Departure Bay.