
Blood Tribe overwhelmingly supports $150 Million “Mismanagement of Assets Claim”
BLOOD RESERVE – The Blood Tribe Chief and Council have announced the successful ratification of a settlement offer from the Canadian government, in an outstanding claim that goes back more than 100-years.
The claim alleged mismanagement of Blood Tribe assets by the Canadian government, which resulted in the loss of the Blood Tribe cattle industry in the late 1800s.
According to the claim, the government promised the Blood Tribe cattle after the buffalo herds were wiped out. However, the promised cattle never materialized. As a result, the Tribe sold horses to purchase cattle on its own and amassed a herd of more than 7,000. However, Indian Affairs took over the herd and mismanaged the assets in the following manner:
— Failing to feed cattle enough, or at all, which meant they had to be sold to avoid starvation.