Watershed Security Fund Intake 2 Grant Recipients

[June 11, 2025, Vancouver, BC / Xʷməθkwəy̓əm (Musqueam), Skwxwú7mesh (Squamish), and Səlilwətaɬ (Tsleil-Waututh) Nations]—The Watershed Security Fund (WSF or ‘the Fund’), a partnership between the First Nations Water Caucus (FNWC), the First Nations Fisheries Council (FNFC) and the Real Estate Foundation of BC (REFBC), is thrilled to announce the recipients of the second round of funding under the WSF Grants Program. Just under $7 million is being distributed to 28 recipients across British Columbia. 

At a time when communities are working hard to respond to climate, economic and cultural pressures, this critical resourcing is a positive step forward. A granting budget of $3-5 million is generated annually from interest earned on the initial $100 million endowment from the Province. In 2024/25, the WSF was able to hold a second grants intake, supplemented by a $7 million contribution from the Real Estate Foundation of BC. This second wave of funding builds on the success of the program’s inaugural intake of 26 projects in 2024, continuing to support initiatives that prioritize the health of waterways, center First Nations rights and knowledge, and foster enduring relationships grounded in reciprocity and respect.   

Watershed security is a shared responsibility, requiring everyone within the watershed to actively contribute to its care and preservation. In its second application intake, the program received 161 applications, totalling over $41 million in funding requests—demonstrating both the immense need for funds and the deep commitment of communities to care for water and the natural world.   

Photo credit: Seabird Island, Maria Slough Monitoring and Knowledge Sharing Project

The 28 recipients of the second intake include First Nation and non-First Nations organizations and partners working in territories and communities across BC. Funded project examples include:

McLeod Lake Indian Band, in partnership with Saulteau First Nations and West Moberly First Nations, are receiving $400,000 to protect and restore the Kinosew Sîpîy/Whutone Gah Saghé, Murray River Watershed by implementing the actions in the 2024 Watershed Health Assessment and the upcoming 2025 Water Quality Objectives established through government policy.   

Raincoast Conservation Foundation, in partnership with Scw’exmx Tribal Council and Citxw Nlaka’pamux Assembly, are receiving $107,500 to continue mapping and assessing cold water shelter areas in the Coldwater River to support salmon recovery and climate adaptation.  

Lake Babine Nation is receiving $50,000 to enhance climate resiliency across the Lake Babine watershed through the development of a paired-watershed study that assesses feasible restoration sites for sockeye-bearing streams using beaver dam analogs (BDAs). 

Photo credit: Cheam First Nations, Shxwlístexw te Sqwá:la: Care for the Life Spirit of Hope Slough Project

Amid tariffs and economic instability, many of these projects provide good jobs and nature-based solutions rooted in collaboration and focused on long-term resiliency goals. 

Our mutual reliance on water drives the need for collaboration to support enduring funding streams. Through shared leadership and strategic investments, the interim partners aspire to continue growing the Fund through Crown governments, industry and philanthropic contributions to generate enduring and predictable funding. A third round of funding is anticipated for October 2025.  

For more information about the Watershed Security Fund and the list of Intake 2 Grant Recipients, please visit watershedsecurityfund.ca/funded-projects  


For more information, please contact:

Alieska Robles
Communications Manager, Real Estate Foundation of BC   
alieska@refbc.ca  

Madison Rattai
Habitat and Environmental Protections Manager, First Nations Fisheries Council of BC  
madison@fnfisheriescouncil.ca  
 
watershedsecurityfund.ca  

About the Watershed Security Fund

On March 6, 2023, the Province of British Columbia and the B.C.-First Nations Water Table jointly announced an initial $100-million investment from the Province of BC to establish the creation of an independent Watershed Security Fund (WSF or ‘the Fund’). Grants for watershed security projects are provided from the interest earned on the fund. The initial $100-million contribution will generate a $3-5 million annual baseline budget for grants and programs.  

Interim Governance and Working Towards a Permanent Entity   

Since the announcement of the initial $100-million endowment to the WSF, the First Nations Water Caucus (FNWC) – with the First Nations Fisheries Council (FNFC) acting as its secretariat – partnered with the Real Estate Foundation of British Columbia (REFBC) to provide interim Fund stewardship. Together, the interim partners are working to create a permanent entity to oversee, manage and grow the Fund over the long term. The Province of BC acts in an advisory role to the interim Fund.  

The First Nations Water Caucus (FNWC) is comprised of the First Nation delegates who participate in the joint B.C.-First Nations Water Table (Water Table). The Water Table addresses water and watershed security issues of concern between First Nations in B.C. and the Province through co-development and consensus. FNWC was first convened by FNFC in June 2022 and, since then, has worked with the Province at the Water Table to co-develop a draft Watershed Security Strategy for B.C.   

The First Nations Fisheries Council (FNFC) is a non-profit society that works to develop a cohesive and united voice among First Nations in B.C. FNFC, as the secretariat to FNWC, implements the goals and priorities of FNWC and carries out the substantive operational work. They are partnering with REFBC as interim stewards of the Fund and supporting the co-development process.   

The Real Estate Foundation of BC (REFBC) is a philanthropic organization working to advance sustainable, equitable, and socially-just land use across what is known as B.C. For many years, REFBC has been proud to work with First Nations, local governments, the Province and a broad network of partners to advance watershed security through its grants, research and convening, and as host of the Healthy Watersheds Initiative.