Dakwakada Capital Investments History
The Champagne and Aishihik First Nations (CAFN) traditional territory is situated in southwest Yukon and extends into northern BC. It includes large areas within the Kluane National Park, Kusawa Territorial Park and Tatshenshini-Alsek Park. It is named for two of its historic settlements; Champagne and Aishihik.
- Dakwakada Development Corporation was officially incorporated on April 10, 1989.
- In May 1993, CAFN, the Government of Yukon and the Government of Canada signed the Final (land-claim) and Self-Government agreements.
- In 1994 CAFN started to receive the funds from the Final Agreement.
- In 1996-1997 Chief & Council created an investment committee to oversee the investment of funds from land-claim compensation dollars.
- In 1999 the trust was established through an irrevocable trust deed and a funding policy drafted which allowed income to flow from the trust to CAFN for internal programs.
- From 2000-2002 Dakwakada operated a sawmill in the community.
- In 2003 the first memorandum of understanding between CAFN and the trust was signed. This created a private equity policy to allow investments in the local economy.
The name change from Dakwakada Development Corporation to Dakwakada Capital Investments Inc. represents a change in focus from a traditional development corporation to a private equity firm targeting investment opportunities within and beyond the Yukon.