We call upon the Government of Canada to provide multi-year funding for the National Council for Reconciliation to ensure that it has the financial, human, and technical resources required to conduct its work, including the endowment of a National Reconciliation Trust to advance the cause of reconciliation.
Indigenous Watchdog Status Update
|Current Status||Aug. 17, 2020||IN PROGRESS|
|Previous Status||June 15, 2020||IN PROGRESS|
Why “In Progress”?
Interim Board appointed on Dec. 14, 2017 presented their Final Report for the National Council of Reconciliation including establishing an endowment to fund independent ongoing operations to Minister Bennett on June 12, 2018. Government “will take into consideration” the advice and recommendations provided in the final report. “Budget 2019 allocated $127M in one-time funding beginning in 2020 fiscal year, considerably less than the $1B that the Interim Board recommended.
Government’s Oct. 25, 2018 update to their Official website deleted reference to “commitment to acting quickly to implement the recommendations, including funding and resource commitments.”
Final Report of the Interim Board for the National Council for Reconciliation: Funding
Funding for the National Council
Administrative and operational 5-year contribution agreement
- That the Government of Canada enter into a 5-year contribution
- agreement at an annual amount that ponders the administration and operational budget requirements as determined by the NCR Board of Directors
- That at the end of 5 years, the annual administration and operational financial contribution will end and the budgetary requirements of the NCR will be met from the net annual returns (less management fees and inflation) of the National Reconciliation Endowment Fund
- That the NCR will not be restricted from seeking funding from the Government of Canada and other sources.
Creation of a National Reconciliation Endowment Fund
- That a National Reconciliation Endowment Fund in the amount of 1 billion dollars be established that will be paid over 5 years in equal instalments
- That the NCR establish and manage the fund with the support of professional expertise provided by financial consultants, investment advisors and portfolio managers
- That the federal government work closely with the NCR to develop an agreement to establish the fund that provides the NCR with the necessary autonomy to achieve its goals of capital protection, income, growth and inflation protection
- That the NCR have the ability to create a separate fund that will enable individual donors to contribute and receive a charitable receipt
- That the NCR secure an income tax exemption through a specific tax agreement with the Government of Canada for revenue generated by endowment.
Official Federal Government Response: Sept. 5, 2019
In December 2017, the Government of Canada announced the creation of an interim board of Indigenous leaders to provide advice on options for the creation of the National Council for Reconciliation and define the scope and scale of the mandate of the council.
The Government of Canada is committed to establishing the National Council of Reconciliation and will take into consideration the advice and recommendations provided in the final report during the decision making process.
In addition, Budget 2019 announced $126.5 million in fiscal year 2020 to 2021 to establish a National Council for Reconciliation and endow it with initial operating capital.
Government’s Oct. 25, 2018 update to their official website deleted reference to “commitment to acting quickly to implement the recommendations, including funding and resource commitments.