By Barbara Latkowski Writer Six Nations Elected Council (SNEC) was told it would be able to tax its people, get management certification and access bond financing if it joins the controversia First Nations Fiscal Management Act (FNFMA)? SNEC discussed the possibility of approving the legislation at its finance meeting Monday Nov. 2. SNEC was told the FNFMA is optional legislation. First Nations listed on its schedule can operate a property tax regime under the Act, obtain financial performance and management certification and access the Act’s bond financing regime for infrastructure and economic development. To become scheduled under the First Nations Fiscal Management Act, a First Nation must formally request inclusion through a band council resolution. Crown-Indigenous Relations and Northern Affairs Canada will then follow a regulatory process to add its…
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