first nations trust fund 2 trillion

Because First Nation trust settlements are typically intended to benefit generations to come, provincial governments should also suspend the Rule against Perpetuities as it applies to such trusts. It came out last summer and there were some geneticists, they were doing study on a very ancient native indigenous North American boy that was frozen somewhere. And that is where he is going to go and live. We are going to end up having to take care of these people. A Push for Tax Exempt Status on Settlement Trusts And it is all going to be done privately. You are listening to an interview with Kahentinetha Horn, she is a member of the Mohawk Nation and the Bear Clan and the owner and publisher of. Native dancers rally during an 'Idle No More' gathering on Parliament Hill in Ottawa, Jan. 28. Note: only a member of this blog may post a comment. Tags: Article; William Cooper; Tax; First Nation Settlements; First Nation Trusts; First Nation Settlement Trusts; Impact Benefit Agreements; Legacy; Rule Against Perpetuities; Reversionary Income Rule; First Nation Self-Sufficiency. We are still here. I can't say, it was somewhere in North America, maybe it was in Canada, or somewhere. I mean it is going to be kind of hard, you know, to go after them in their own legal system. They should be charged with genocide and theft. This was comprised of $41.03 million from Saskatchewan Indian Gaming Authority casinos, $11.23 million from SaskGaming casinos. Nothing could be further from the truth! So we are seeing this now. With the exception of Manitoba, every other jurisdiction in which the Rule Against Perpetuities applies, such trusts forced to wind up every 80 years. Proposed B.C. ", "Section 2 and 9 of the BNA Act confirm that executive power is vested in the Queen and to her heirs and successors. All rights reserved. So we would like to meet Mr. Putin. He is going to set up private prisons for about 50,000 new prisoners that can be warehoused in these prisons. S. 75(2) provides that if you have settled property on a trust and you have the ability to control who receives the funds or you are a beneficiary of the Trust Settlement, then all income from that settled property must be reported by the property’s settlor, whether or not the income is ever received by the settlor. Here’s why: Social Security has a trust fund, and that trust fund is supposed to have $2.6 trillion in it, according to the Social Security trustees. In Iceland, the people, they got a new constitution and they put all their bankers and politicians in jail for what they did. During this fiscal year, the First Nations Trust received $54.51 million dollars to distribute among our beneficiaries. It is an already centuries old conspiracy of exploitation and theft beginning with the Catholic Church's Doctrine of Discovery that allowed Europeans to commit genocide against the indigenous peoples of the Americas and steal their lands and resources as long as the Church received a share of the spoils. They were packing up and leaving when I called. For a check list of the most important issues governing the establishment of a First Nation Settlement Trust, see the linked power point presented by the author at the February 2014 AFOA AGM in Halifax. Tel 604 687 6789 Kahandinetha, let me tell you a little story. Fax 604 683 5317 I know suddenly they are gone, they are going. And they are dissolving their corporation because they are at the point where they are getting a lot of resistance by our people, by the true owners of the land and all of the resources. Here’s why: Social Security has a trust fund, and that trust fund is supposed to have $2.6 trillion in it, according to the Social Security trustees. One of the most important features of any such financial arrangement is to ensure that the income earned on the settlement funds is not taxable; much the same as any other government treasury. Now as far as I'm concerned these criminals should be going to jail, they should be rotting in jail. Enjoy reading our blog? As a result, First Nation Settlement Trusts have become the legal vehicle of choice to protect these types of legacy settlements. This marks the 16th consecutive unqualified annual audit since the Trust’s creation on May 26, 2003. If there are real assets in the trust fund, then Social Security can mail the checks, regardless of what Congress does about the debt limit. Reliance on this structure could result in CRA choosing at any moment to assess these trusts on the basis they have relied on s.75(2) for tax avoidance purposes and challenge such structures under GAAR –  resulting in the income on such settlement funds becoming fully taxable. We would like to thank the Leaders and staff of all the First Nations in Saskatchewan for their continued compliance with the Trust Indenture and Trust policies and procedures and we look forward to working with them for many years to come. P.O. But look what they did to us, over a hundred million of us, so..That is the biggest Holocaust in all humanity. Thank you very much for listening and we wish you the best wherever in the world you may be. Now what happened? "Under international Law, the Law of Nations, Confederation never happened as per section 1. So, what can you do? Now they are taking the money and they are leaving. Underlying issues for recent protests across Canada include finance and funding for First Nations. CERN Theories: End of days or End of the Cycle? First Nation Settlement Trusts establish a fiduciary relationship amongst aboriginal communities (First Nations) as the settlors, the trustees of the trust property and the trust’s beneficiaries, typically comprised of a first nation(s) and their peoples. Box 49290 What can we do? and $2.25 million which is allocated to First Nations Addictions Rehabilitation Foundation. This is, to say the least, an awkward fix for First Nations seeking to get the same tax exempt treatment that applies to every other governmental body, whether it be a  municipality , Province or the Federal government. How is that going with the United Nations? And they actually discovered Russian DNA in this boy, quite a large quantity over 40 percent or something. I think they saw Romanov as a very weak link. So they are going to take all the money from us that they've stolen, which are being put into offshore accounts, you know, so that nobody can touch it. That is what I’m saying. Legally Canada is a Corporation which is traded on the New York Stock Exchange and according to Mohawk Nation Elder Kahentinetha Horn the Corporation of Canada is being dissolved and the Indian Trust is being absconded with to Europe. Rather than transfer such funds to the political bodies of the day, such as an Indian Band represented by Chief and Council, governments and commercial enterprises, as well as First Nation leaders, themselves, are insisting that settlements paid under a particular impact benefit agreement be settled on trusts.

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