We understand what a Trust is, and who’s running it.

Naturally, a question is how does the money in the Trust make its way to the Haisla Nation.

So, as explained in other posts, Haisla Nation services, which are currently provided under Own Source Revenue funds, would be paid for by the interest from the Trust.

Those interest funds, minus any funds required to build the Legacy Fund (the core amount of money), are released by the trustees for HNC operations and programs after HNC administration approaches the trustees each February with their plan for how they’ll use the money.

The money will be released as long as the plans meets requirements in the Trust Agreement, and the community has been consulted.

The processes are designed to make sure the Trust is subject to audit, and includes transparency to members.