Financial institutions now law
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The First Nations Fiscal and Statistical Management Act (Bill C-20) received royal assent on March 23 with all-party support in the House of Commons and the Senate.
C.T. (Manny) Jules, who led the development of the act, said the formal adoption of C-20 is "a triumph for First Nations and Canada. This bill was conceived and developed by First Nations and is about building infrastructure, attracting investment and creating jobs on reserve. Today's royal assent signals a new beginning."
