Economic Development Background
LNIB's Economic Development arm is housed in its Lands and Economic Development Office. The Office is concerned with investment and management of economic resources, including entrepreneurship development, business development, access to capital, economic infrastructure, land management and administration (Indian reserves and fee simple land), membership & estates, industry relations, negotiations of impact management benefit agreements (IMBAs), development referrals, and Aboriginal rights and title.
Summary of Economic Development Agreements, Community Businesses and Joint Ventures
The LNIB Lands and Economic Development office works to engage with proponents of existing and proposed projects in its traditional territory. It is working to advance the interests of LNIB members in ongoing negotiations with Kinder Morgan regarding the Trans Mountain Pipeline expansion. It has also been successful in negotiating revenue and benefits sharing agreements with Teck's Highland Valley Copper Mine, and the Innergex Kwoiek Creek hydro project. Many LNIB members act as independent contractors and tradespeople.