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What is Urban Reserve mean?
An urban Indian reserve (French: réserve indienne urbaine) is land that the Government of Canada has designated as a First Nations reserve that is situated within an urban area. Such lands allow for aboriginal commercial ventures which enjoy the tax exemptions offered to traditional reserves. They may be located within either a municipality or, in the case of Saskatchewan, a Northern Administration District.
An urban reserve may result from either encroachment of a municipal area into existing reserve lands, or from the designation of land in an existing urban territory.
Some commercial urban reserves exist as satellites to rural reserves. It has been suggested that the generated revenue will help maintain the economic well-being of the associated rural community.
referencePosted on 20 Dec 2024, this text provides information on Miscellaneous in Community related to Community. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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