Wiikwemkoong buys Edmonton commercial property for $65 million – Anishinabek News

January 28, 2026

WIIKWEMKOONG UNCEDED TERRITORY – A bold step could potentially become a precedent-setting move for First Nations.

At a news conference on Jan. 23, it was announced that Wiikwemkoong Unceded Territory, located on Manitoulin Island, purchased Connect Centre, a downtown commercial real estate property in downtown Edmonton, for $65 million.

The plan is to expand the property and add as many as 35 storeys of residential units.

“I believe it’s kind of rare that a First Nation does leave its own traditional territory to invest in a different province,” said Wiikwemkoong Unceded Territory Ogimaa Tim Ominika. “I viewed this as a very unique opportunity for our First Nation.”

Read More: https://anishinabeknews.ca/2026/01/wiikwemkoong-buys-edmonton-commercial-property-for-65-million/