The gift will be divided equally between two programs: The TD Bank Aboriginal Student Award will establish an endowment to create financial awards for Aboriginal students across UBC Vancouver and UBC Okanagan who are enrolled in business education or majoring in economics. The Ch'nook Business Education Initiative will provide funding for Aboriginal students who are enrolled in the Ch'nook Scholars and Advanced Management programs. It will also provide mentorship opportunities for TD employees as a means of supporting these students in their pursuit of business education.

"With our annual endowment, we'll be able to assist hundreds of students over the years by removing barriers to Aboriginal education," says Raymond Chun, senior vice president TD Canada Trust. "We support UBC's vision to help develop tomorrow's Aboriginal business leaders and hope our contribution will inspire future generations to realize their hopes and dreams."

Indian Nations says it has "serious concerns" about Saskatchewan new law entitled, The Trespass to Property Act."There is no indication that any attempt was made to consult directly with the First Nations of Saskatchewan," said Vice-chief Delbert Wapass. "The courts have stated repeatedly that the Crown has a fiduciary obligation and a legal duty to consult with and accommodate First Nations on any matters that may have the potential to adversely affect our treaty rights."