The First Nations Land Management Act, enacted in 1999, gives First Nations certain powers in the management of reserve lands, resources and the environment. The example would be UBC golf course. UBC is also involved in working with Musqueam under the Musqueam Development Committee which requires UBC to invest great amount of money. First Nations not only own some land in UBC but also many other lands such as the Bridgeport casino land and the Jericho lands.

Since great amount of lands are fully or partially owned by the First Nations here in Vancouver, it affects businesses in a way that they would have to check if the land is owned by them when establishing businesses. If it is, then they either have to find another land or have to come up with some kind of agreements with the First Nations. How UBC has been working with the First Nations as a business partner shows how the First Nations partnership can impact one organization’s business model. In this case, UBC’s aboriginal programs and reserving their culture on campus take up a quite big part of UBC’s business. Even though it might cost quite a bit for an organization to operate under this condition, they have to take their relationship with the First Nations into consideration when building a business in BC, Canada.

References:

http://www.firstnationsdrum.com/2008/03/musqueam-settles-with-province-in-landmark-deal/

http://www.cbc.ca/news/canada/background-the-indian-act-1.1056988

http://news.ubc.ca/2006/12/21/archive-media-releases-2006-mr-06-132/