For over 250 years, First Nations have faced a sharply tilted playing field.
To launch an aggressive action, a First Nation community must cover their legal fees, research costs, expert witnesses, the conduct of a hearing before the Tribunal, appeals, and other related expenses.
History of Land Claims
The story of specific claims dates back to the 1700’s, when the British sought more control over the land and resources. First Nation people were forced off their land and pushed into small areas with a fraction of the resources needed for their way of life.
Costs of Filing a Claim
The government has $66,000,000 available for legal fees to argue against specific claims. For First Nations, only $4 MILLION has been allocated to research and develop all specific claims. This amount is shared between all First Nations’ requirements and requests.
Our Financing Solution
With our program, First Nations will have the money to obtain the best researchers and the flexibility to select their own counsel. There will be no need to pledge assets for collateral or use up savings and funds earmarked for other initiatives.
Canada insists they prefer to settle Specific Claims fairly, however their approach consistently remains adversarial. Long, drawn out court processes drain what little financial resources the First Nation may have, leaving them unable to defend their claims in a fair and balanced manner. Adding to the disparaging situation, many legal firms are unwilling to commit to years of arbitration without the guarantee of a successful outcome.
Our solution allows First Nations to access alternate funding by providing the guarantees a financial lender needs to grant a community access to a line of credit. These funds will then cover the associated fees and costs necessary to take a claim to the Specific Claims Tribunal, and beyond. The Nation can cover their legal fees, research costs, expert witnesses, the conduct of a hearing before the Tribunal, appeals, and other related expenses.
Regardless of the outcome of the claim, our program provides a means of repaying the loan — win or lose.