The objective of the Interim Resource Development Agreement (IRDA)
is "to foster resource development in the Dehcho territory
and to accrue benefits from Canada to the Dehcho First Nations in the interim of a Dehcho Final Agreement,"
(Interim Measures Agreement, S. 44). The agreement also outlines
a process for community involvement in oil and gas development and
for the negotiation of impact benefit agreements.
The IRDA will provide for the Dehcho to open up one or two parcels
of land for new oil and gas exploration within the next one to two
years. In return, Canada will set aside a share of royalties collected
by Canada from resource development in the Mackenzie Valley, which
will amount to $1 million to $3 million per year. The Dehcho First Nations could access a portion of the funds for economic
development projects, and the remainder would be paid out to the Dehcho when a final agreement is signed.
The IRDA was
approved on April 17, 2003 at a signing ceremony in Fort Providence.