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| There is an explicit understanding that the result of new agreements and changes to TFF must be a shared benefit among all who live in the territories, particularly Aboriginal and Inuit people. |
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Many submissions and discussions highlighted the importance of Aboriginal self-government and Land Claims agreements in the future development of the territories. In particular, current discussions and developments regarding potential devolution and resource revenue sharing agreements and Aboriginal self-government in the Northwest Territories were highlighted. These changes in governance and responsibilities, as well as the potential for additional fiscal resources, mean that TFF has to be flexible enough to accommodate different governance arrangements in the three territories. Furthermore, there is an explicit understanding that the result of new agreements and changes to TFF must be a shared benefit among all who live in the territories, particularly Aboriginal and Inuit people.
At the Yellowknife Roundtable, concerns were also expressed about the potential for a “double claw-back” of revenues in Yukon and the Northwest Territories. In the view of a number of stakeholders, this occurs due to a potential interaction between devolution and resource revenue sharing agreements with the TFF and financial transfer arrangements for Aboriginal governments.
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