Inside the Village - A weekly podcast featuring newsmakers in Ontario
Inside the Village - A weekly podcast featuring newsmakers in Ontario
Huge court settlement rights historic wrong
After years of court battles, the federal and provincial governments recently reached a $10-billion settlement with beneficiaries of the Robinson Huron Treaty. Simply put, members of those 21 First Nations in northern Ontario did not see an increase to annual treaty payments for nearly 150 years, even as wealth generated in their territory from mining, forestry and fishing sectors continued to grow. Earlier this month, the settlement money finally started flowing to individual beneficiaries — in many cases, more than $100,000 per person. For Scott Flamand, the payouts represent a once-in-a-lifetime opportunity — and he's been telling anyone who will listen to think hard about where to put all that newfound money. A member of Wikwemikong Unceded Territory on Manitoulin Island, Flamand is a management consultant who specializes in personal finance and on-reserve housing. He joins Scott and Frisco for a fascinating conversation — not just for treaty beneficiaries, but for anyone looking to improve their money management skills. Also on the podcast this week: The countdown continues until we officially launch TorontoToday!
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