The Tsawwassen First Nation Final Agreement between Tsawwassen First Nation (TFN), Canada and British Columbia — the first urban treaty in B.C. — came into effect on April 3, 2009. The Final Agreement gives TFN a broad range of self-governing and law-making powers over its Membership, and a land base of 1,800 acres. TFN is also a full member of the Metro Vancouver Regional District.
We actively engage with all our stakeholders to secure the long- term future prosperity of the Nation and British Colombians and ensure that the best interests of TFN and its members are met on all Economic Development matters. Activities of the TEDC are overseen by an external Advisory Board and by our elected Executive Council.
Our Mandate
The TFN Economic Development Corporation (TEDC) was established on November 1st, 2009 under the BC Corporations Act to develop Tsawwassen Lands in an economically, socially and environmentally sustainable manner, and to facilitate business relationships.
TEDC is guided by a letter of expectations periodically provided by the TFN Executive Council to guide its activities in the creation of a sustainable economy for the Nation.
TEDC Actively Seeks Partners To Create Developments That:
- Will generate short and long term land lease and revenue
- Build Member capacity by providing training and employment opportunities for our Members and their businesses
- Respect the values of the TFN community
Our shareholders are all TFN Members and we are guided by an experienced Board of Directors.
Economic Development
Through self government, TFN is pursuing an ambitious program of sustainable economic development. Since 2009, TFN has attracted $1 billion in private investment to Tsawwassen Lands.
In 2014, TFN entered into the largest non-resource agreement ever signed by a British Columbia First Nation by finalizing a 99-year land lease agreement for construction of a 1.2 million square foot retail mall. TFN has also leased 100 acres for an industrial logistics centre servicing the nearby Deltaport container terminal. Both projects are on Tsawwassen Public Lands and were initiated by TFN on behalf of Tsawwassen Members.
All of this development has been facilitated through strategic partnerships and careful investments by TFN. Among other things, TFN has invested $60 million of its own funds in community infrastructure, including transportation upgrades to Highway 17 and other off-Lands roads, as well as a state-of-the-art sewage treatment facility.
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Our Vision
Through the creation of a sustainable economy, the TEDC plays a leadership role in contributing to TFN being an ideal location to raise a family and a working model of an environmentally sustainable, self-sufficient and culturally proud First Nation community.
Our Mission
TEDC transacts business of a commercial nature to generate revenue and create employment opportunities for TFN Members and Member businesses through partnerships, joint ventures and other development opportunities.