Own Source Revenue (Aboriginal context)
Revenue raised by Aboriginal Governments through economic development and internal sources, rather than transfers from other levels of government.
(Gathering Strength: Canada’s Aboriginal Action Plan)
Own Source Revenue represents an important path to the financial independence of Aboriginal governments. Governments through taxes, fees, and commercial and investment activities generally raise this type of revenue. The raising of own source revenue by Aboriginal governments tends to have an impact on the terms of fiscal transfer agreements with other levels of government. Often self-governing Aboriginal governments enter into ‘Own Source Revenue agreements’ with the federal and provincial governments as part of their fiscal relationship.
For information about the converging and diverging views about the treatment of Own Source Revenue from various levels of government, see a discussion from The First Nations Summit 2003: Fiscal Relations Secretariat.