Indian Moneys (Capital and Revenue Trust)
Program Summary
The Indian Act defines Indian moneys as all moneys collected, received or held by Her Majesty for the use and benefit of Indians and bands.
• Capital Moneys – derived from the sale of surrendered lands or the sale of capital assets of the First Nation. These moneys include royalties, bonus payments, and other proceeds from the sale of timber, oil, gas and non renewable resource.
• Revenue Moneys – defined as all Indian moneys other than capital. Examples include reserve land leasing activities and interest earned on band capital and revenue moneys.
Contact Information
For more information:
South First Nations: Contact Indigenous Services Canada Regional Operations (Regina) at (306) 780-5392
North and Central First Nations: Contact Indigenous Services Canada Regional Operations (Prince Albert) at (306) 953-8522
First Nations may also contact their Funding Services Officer directly for a program referral.
