WFN leading the way –

by pmnationtalk on September 17, 2019476 Views

Sep 17, 2019

A study of the Central Okanagan’s Westbank First Nation finds the band has used property rights to swing above its weight economically and stimulate prosperity for its members.

By establishing individual property rights, the WFN has become entrepreneurial and prosperous, the Fraser Institute report concludes.

“Westbank has created an environment where band members can create wealth that benefits both the individual and the community,” says Tom Flanagan, a professor emeritus of political science at the University of Calgary, the report’s author.

The study finds WFN’s system of property law, which closely resembles Canada’s, drives band prosperity by allowing members to acquire “allotments” to buy and sell real estate on and off reserve.

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