Press release from CNW Group
KTUNAXA NATION AND TEMBEC RENEW RELATIONSHIP PROTOCOL AND ENGAGEMENT AND BENEFITS AGREEMENT
Wednesday, November 17, 2010
CRANBROOK, BC, Nov. 17 /CNW Telbec/ - The Ktunaxa Nation, represented by Chair, Kathryn Teneese and Tembec, represented by CEO, James Lopez signed a Relationship Protocol and Engagement and Benefits Agreement at the St. Eugene Mission Resort.
According to Tembec Western Canada Chief Forester, Chris Stagg "the renewal of the Relationship Protocol is intended to build on the positive and durable working relationship that has developed between the members of the Ktunaxa Nation and Tembec since 2004. The Protocol emphasizes mutual recognition and respect, and serves as a foundation for business agreements and collaboration between the parties."
The Engagement and Benefits Agreement relates to Tembec's activities within the Ktunaxa territory, and defines a process for engagement between the two parties and identifies potential means of accommodation of Ktunaxa interests. Highlights of this agreement include the following main points:
- The implementation of an engagement process at various levels
- The establishment of a Joint Management Advisory Committee (JMAC)
- Assistance with capacity and resource requirements to implement the agreements
- Information sharing protocols
- The development of employment, training, contracting and business strategies.
"The renewal of this agreement re-affirms the positive relationship that has been developed between Tembec and the Ktunaxa Nation over the years," said Kathryn Teneese, Ktunaxa Nation Chair. "This agreement has clearly benefitted the Ktunaxa Nation in economic development and the management of resources within our territory. I would like to commend Tembec for their proactive approach in building this relationship, and setting a very high standard for other forestry companies to strive towards."
About Ktunaxa Nation:
Ktunaxa people have occupied the lands adjacent to the Kootenay and Columbia Rivers and the Arrow Lakes of British Columbia, Canada for more than 10,000 years. The Territory of the Ktunaxa Nation covers approximately 70,000 square kilometers within the Kootenay region of south-eastern British Columbia, and historically includes parts of Alberta, Montana, Washington and Idaho.
Today the Ktunaxa are a thriving people who are revitalizing their language and culture throughout their Territory. The Ktunaxa Nation is actively working towards a model of self-governance, and continues to build cooperative and positive relationships with regional, provincial, and federal governments. Additional information on Ktunaxa Nation is available on its website at www.ktunaxa.org.
Tembec is a large, diversified and integrated forest products company which stands as the global leader in sustainable forest management practices. The Company's principal operations are located in Canada and France. Tembec's common shares are listed on the Toronto Stock Exchange under the symbol TMB and warrants under TMB.WT. Additional information on Tembec is available on its website at www.tembec.com.
For further information:
|Ktunaxa Nation Council |
Garry Slonowski 250-919-2848
|Tembec BC Division|
Chris Stagg 250-426-9247