Canada Indian Trust Fund

Several years ago, there was a post on Facebook about an Indian Trust Fund in Canada. It said that it was where the Canadian Government, took their capital from when they funded Indigenous people in our country.

It was a counter argument to the people, usually non-native, that money supporting Indigenous people did not come from tax-payers money, below is a screenshot of the post. I scribbled the name of the original poster (OP), because I do not have permission to post their name as he is not a public figure:

This was shared by a relative of mine on FB recently.

Back when I first saw the post, I thought it was interesting, but it did not concern me very much because it was difficult to discern fake news at the time. In May 18, 2021, an article on TorontoMet Today, highlighted the issue.

How much money flowed through the Indian Trust Fund and where is it now? How can the myth of “free money” for First Nations be deconstructed? What do solutions for financial reparations look like?

It is a very interesting article and worth a read by both Native and non-native people alike. In our quest for reconciliation, it is important that we all have the facts before making assumptions about other people, or nations.

Money – sōniyāw

Our money – kisōniyāminaw

My money – nisōniyām

Your money – kisōniyām



TorontoMet Today – How much does Canada owe Indigenous communities for stolen land?

Yellowhead Institute (PDF) – FREQUENTLY ASKED QUESTIONS: The Indian Trust Fund: Debunking Myths & Misconceptions

Another article that might be of interest from the Yellowhead Institute (PDF) – Recommendations on First Nations Access to Indian Moneys 

 

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