Squamish Nation Trust

Phone: 604-925-6665
Email: info@sntrust.ca
Address: Suite 905 – 100 Park Royal, West Vancouver, BC V7T 1A2

On May 11, 2000, the Government of Canada signed a Settlement Agreement with Sḵwx̱wú7mesh Úxwumixw to settle a series of claims first commenced by the late Chief Joe Mathias on June 30, 1977. The terms of the Agreement were ratified by Nation Members.

As compensation for this settlement, Canada paid the sum of $92.5 million into a Trust Account governed by a Trust Agreement. Under the terms of the Agreement, the Trust has been established to hold the funds remaining after the initial distribution and any income earned on the remaining funds from the settlement for the benefit of current and future generations of Members.

Funds from the income may be available on an annual basis for projects after all Trust expenses are paid (including 20 per cent of the income for annual distribution to Members). These funds are made available to Members as well as Nation departments.

Trustees

The Trustees are appointed by Nexwsxwníw̓ntm ta Úxwumixw (Council) to serve staggered four-year terms. No members of Nexwsxwníw̓ntm ta Úxwumixw are eligible to serve as a Trustee. The Trust Agreement requires an independent Trust Corporation to be appointed as the fifth Trustee. The Trustees are to administer the Trust in accordance with the Trust Agreement and the Comprehensive Plan, which has been approved by Membership, as well as an established Investment Policy.