The recent push to help first nation citizens regain their identity is starting to have a strain on businesses. As we can see from the article, first-nation territories are becoming off-limits for companies to exploit and the laws required to start a business, such as mining, in these areas is much more strict and tedious. Companies have to go through many more formalities and ask the tribes personally for use of these lands. Therefore, it is becoming more and more imperative that companies consider the legal issues associated with trying to use first-nation territory. This is an external factor that firms have to be aware of and plans to tackle these issues should be made in advance. All the legal documents should be thought of and the interactions with the first-nation representatives should be planned. Companies should realize that these issues may cost them extra time and money and therefore, it should definitely be included in their business plans.
Also as the importance of ethics grows in businesses it becomes an even greater necessity for companies to handle these issues with care. It is very important for a company to make sure they go through these procedures respectfully and correctly so that they can maintain their image and get land they desire. Also companies should be prepared for the notion that they might not get what they are looking for, as in this case, and realize they have to leave the issue and move onto a plan B.