Thank you so much.
Chief Whiteduck and Councillor Odjick, it's a privilege to have you here. It's a particular privilege to have you so soon after the crown and first nations gathering, which we all followed very closely, including your own participation, and to have the Kitigan Zibi First Nation with us. I've been in and around Maniwaki many times. It's beautiful country, in no small measure thanks to the way it has been cherished by all of you for centuries.
Chris Alcantara, thanks for your presentation.
I think we all agree, Chief, that the only way to resolve and deepen and entrench property rights as a tool for creating success on reserves is as part of a larger picture that has to include comprehensive land claims, and so forth. I'd like to elucidate some of the forms of property rights Professor Alcantara was talking about to get a sense, for the committee and the broader audience, of what some of the features of first nations property ownership, in particular, might be and how it would change the land tenure situation on reserves.
We know from your testimony, Professor Alcantara, that it would allow land to be registered in a Torrens system. We know that first nations would retain full land management authority. And we know that it would build on the existing property rights provided for in the Indian Act and also in the First Nations Land Management Act.
Tell us more about the potential benefits of fee simple. You talked about transaction costs and the time it takes for band councils and the minister to turn these transactions around and about how costly they are. What kinds of projected benefits do you see for those first nations that embrace this form of property ownership? And tell us more about the zoning, planning, and regulating, which could go alongside this right to hold lands in fee simple, as engines for economic development for the benefit of first nations and the communities they represent.