The new chief of Manitoba’s most populous First Nation wants to know why riverfront property it purchased in one of Winnipeg’s most desirable residential neighbourhoods was flipped to a private developer instead of becoming part of its reserve lands.
Peguis First Nation acquired nearly three acres of land on the north side of Winnipeg’s Wellington Crescent from the province in 2022 for $350,000, a sale price one real-estate professional calls “ridiculously low.”
Less than a year later, that land was sold to a private developer who’s now planning to build upscale condos along the Assiniboine River.
Peguis Chief Stan Bird said he’s investigating
