By Marcus Bankuti, Local Journalism Initiative Reporter, The Eastern Door The community is more than $4 million richer after the Kahnawake Sovereign Wealth Fund (KSWF)\u2019s first year of investment, a 13 percent return, but it\u2019s still a long way to go to $1 billion. That\u2019s the amount the Mohawk Council of Kahnawake hopes to reach with the fund over the next 100 years. \u201cWhen you think about future generations, if we have an investment fund of $1 billion plus, then we\u2019ll really be in control of our future, financially independent, able to make our own decisions, and invest in our sovereignty without the restrictions that come with external government funding,\u201d said MCK chief Paul Rice, who leads the economic development portfolio. Kahnawa\u2019kehr\u00f3:non won\u2019t have to live 100 years to see… <\/p>\n
By Marcus Bankuti, Local Journalism Initiative Reporter, The Eastern Door The community is more than $4 million richer after the Kahnawake Sovereign Wealth Fund (KSWF)\u2019s first year of investment, a 13 percent return, but it\u2019s still a long way to go to $1 billion. That\u2019s the amount the Mohawk Council of Kahnawake hopes to reach with the fund over the next 100 years. \u201cWhen you think about future generations, if we have an investment fund of $1 billion plus, then we\u2019ll really be in control of our future, financially independent, able to make our own decisions, and invest in our sovereignty without the restrictions that come with external government funding,\u201d said MCK chief Paul Rice, who leads the economic development portfolio. Kahnawa\u2019kehr\u00f3:non won\u2019t have to live 100 years to see... <\/p>\n