Wasauksing First Nation & Lakeland Holding Sign Historic Agreement

 

 

 

 

Wasauksing First Nation: as part of ongoing commitment to build their relationship, Lakeland Holding Ltd. (Lakeland) and Wasauksing First Nation (WFN) have developed and signed an important Mutual Benefits Agreement.

“We are pleased to continue to develop our relationship with Lakeland and the signing of the Mutual Benefits Agreement is a great starting point”, said Chief Warren Tabobondung. This was reiterated by Lakeland’s Chair Roger Alexander who advised “we look forward to a long term relationship with Wasauksing First Nation”.

WFN and Lakeland are interested in developing a mutually beneficial relationship balancing the importance of social, economic and environmental conditions within the traditional territories of WFN.
WFN has also expressed an interest in discussing potential investment opportunities and future discussions may take place on a commercially reasonable, arms-length and competitive terms.

The relationship started during Consultation for the Environmental Assessment to upgrade the Cascade Generation station in Parry Sound, as this $17M project is just being completed. “Wasauksing is a very progressive First Nation and we hope to work on projects of mutual interest”, stated Chris Litschko, CEO of Lakeland. “Sustainable development, implementing the Duty to Consult and respect for one another are important for WFN in all of our relationship building”, advised Craig Brown, Chief Executive Director of WFN.

WFN and Lakeland are already working together on engineering to bring fibre optics to the community in order to offer Canada’s fastest internet to WFN community members. This may be the first Fibre-to-the-Home project for a First Nation community in Canada and possibly North America.

For more information:
Craig Brown Chris Litschko
Chief Executive Director Chief Executive Officer
Wasauksing First Nation Lakeland Holding Ltd.
Phone: (705)746-2531 1-888-282-7711

Wasauksing First Nation is located on the eastern shore of Georgian Bay in Lake Huron, approximately 5 km off highway 69 and 3 kilometres southwest of Parry Sound on Parry Island which is the second largest island on Lake Huron with a land base of 7,874 hectares (19,457 acres). The Anishinabe, Potawatomi and Odawa community has approximately 1,300 community members with approximately 400 members living on-reserve. The Nation is uniquely situated in north central Ontario’s picturesque tourism mecca among the 30,000 Islands. Wasauksing First Nation strives to provide equal opportunities for all members of the community to develop, enhance, and succeed in economic growth while promoting the continued social, traditional, and spiritual development of its First Nation.

Lakeland Holding Ltd. is 100% municipally owned by: Bracebridge, Huntsville, Parry Sound, Burk’s Falls Magnetawan and Sundridge. The Holding company has three subsidiary companies: Lakeland Power (electricity distribution), Bracebridge Generation (environmentally friendly electricity generation) and Lakeland Energy/Networks (Information Technology and Fibre to the Home & Business)
While respecting the natural environment, Lakeland Holding strives to Improve Customer Service and Product Offerings that Increase Profitability for Shareholder Dividend Distribution.