Five Dollars a Century Later | Calgary News

The Athabasca Chipewyan First Nation is suing the federal government over treaty annuity payments that have remained at just five dollars since 1899 — a sum now worth roughly two hundred dollars in today’s economy. Chief Allan Adam argues the payments have lost all real value and fail to honor promises made to ancestors. While not seeking back pay, the lawsuit demands modernization of the annuity to reflect current economic realities, joining a growing wave of First Nations challenging outdated treaty terms — including a recent $10 billion settlement in Ontario. The government has declined to comment pending court proceedings. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c0f10dc27e000db7