For more information about the Nipissing 2013 Boundary Land Claim Trust, including quarterly updates and financial statements, please visit: Land Claim Updates
In 2013, Nipissing voted to accept an offer of $124 million from government negotiators as a land claim settlement that reflected the validity of Nipissing’s research that the reserve boundary was incorrectly surveyed after the 1850 Robinson Huron Treaty, resulting in a smaller reserve than agreed upon.
An initial Per Capita Distribution (PCD) occurred in 2013, but the majority of the funds were placed in trust to maximize the benefit to current and future nation citizens.
The trust is designed to benefit the current generation by allowing Nipissing to use interest revenues to invest in community, social and economic development initiatives, while also preserving the wealth for future generations.
2013 Per Capita Distribution
In order to be eligible to receive the Per Capita Distribution (PCD), one must have been a registered Nipissing First Nation member at the time of the settlement agreement on May 30, 2013. PCD funds for individuals under the age of eighteen (18) years were put in trust until they turn 18. Eligible individuals can request the funds using the Nipissing PCD Release Form.
Power of Attorney
If you have a Power of Attorney for any registered member who is entitled to receive the Per Capita Distribution (PCD), please contact Georgina Villeneuve of Peace Hills Trust to ensure that Peace Hills has all the appropriate documentation to have the PCD properly administered. Inquiries can be emailed to [email protected] or call her direct line at 1-780-428-7228.
Forms & Memos
- Nipissing PCD Release Form
- Memo re: Treatment of Land Claim Settlement Payments
Ontario Works and Ontario Disability Support Program recipients
** Please ensure that you submit a copy of your ID with forms **
Potential Future Per Capital Distributions
What does the Trust say about potential future Per Capita Distributions (PDC)?
The Trust states that a Per Capita Distribution (dipping into the capital of the Trust), cannot happen if a Per Capita Distribution has occurred in the last 10 calendar years. The first Per Capita Distribution payment occurred in November of 2013 so the next capital distribution cannot occur until January 1, 2024 at the earliest.
Then, the Trust states that the capital distribution cannot take the Trust value below $100,000,000. So between now and 2023, the Trust must grow above $100,000,000 in order for a potential future PCD to be made. For example: if the Trust’s market value was $125,000,000 then what could potentially be distributed would be a maximum of $25,000,000 dollars.
Therefore, future Per Capita Distributions can only be made after 10 years from the previous one and only to a maximum amount that ensures $100,000,000 “remains in” the Trust.
- Scott McLeod – Elected Chief Trustee
- Deputy Chief Mike Sawyer – 1st Council Trustee
- Joan McLeod Shabogesic – 2nd Council Trustee
- Donna Dodgson – Nipissing Trustee
- Matthew J. McLeod – Nipissing Trustee
- Mickey George – Nipissing Trustee
- Peace Hills Trust – Corporate Trustee
For more information on the Nipissing 2013 Boundary Claim Settlement, please contact:
Nipissing First Nation
For more information on the Nipissing 2013 Boundary Claim Trust, including PCDs, please contact:
VP Trust Services, Peace Hills Trust