With the Nisga’a Landholding Transition Act now in force, Nisga’a citizens have the option to own their residential property in unrestricted, transferable fee simple.  With fee simple ownership, a Nisga’a Citizen, as a property owner can now approach a lending institution for a mortgage without requiring a guarantee from the Nisga’a Nation.

The option is a new approach for both the Nisga’a Nation and for lending institutions, so the basis of the meeting between NLG and NSCU was to discuss public education strategies for aspiring Nisga’a homeowners on the application process for attaining a mortgage, insurance requirements and general financial literacy information.

Northern Savings Credit Union is the second financial institution that has committed to developing a relationship with the Nisga’a Nation under the new Landholding Transition Act.

Registrar of Land Titles Diane Cragg then provided the Northern Savings representatives with a tour and overview of the operations of the Nisga’a Land Title Office that is located at Nisga’a Lisims Government in Gitlaxt’aamiks.