On February 7, 2002, the Crees signed the "Agreement Respecting a New Relationship Between the Cree Nation and the Government of Quebec" that implements certain obligations of Quebec to the Cree People for community and economic development under section 28 of the JBNQA.

This historic Agreement implements with respect to Quebec recommendations of the Royal Commission on Aboriginal Peoples and provides for the sharing of revenues derived from mining, hydroelectric development and forestry carried out on the traditional lands of the Cree People. This includes all Category 1, 2 and 3 lands in the area under the Agreement. The Agreement, and related agreements with Hydro Quebec, are designed to address historic problems in achieving equitable participation of the Cree people in the employment opportunities and revenues created by development on the traditional Cree territories.
Chapter 6 of this Agreement is the chapter dealing with Economic and Community Development and presenteed below.

Assumptions by the Crees of certain James Bay and Northern Quebec Agreement Commitments:
6.1 For the period from April 1, 2002 to March 31, 2052, the Crees shall assume the obligations of Québec, Hydro-Québec and the Société d'énergie de la Baie James to the Crees under the provisions of the James Bay and Northern Québec Agreement set forth in section 6.3 of this Agreement and concerning Economic and Community development.
6.2 The assumption by the Crees of the obligations described in paragraph 6.3 of this Agreement for the period from April 1, 2002 to March 31, 2052 is made in consideration of the funding committments of Québec under Chapter 7 of this Agreement and subject to the payment by Québec to the Crees through the Recipient of Funding of the annual payments provided for in Chapter 7 of this Agreement in accordance with the terms thereof.
6.3 The obligations of Québec, Hydro-Québec and the Société d'énergie de la Baie James contemplated by paragraphs 6.1 and 6.2 hereof relate to the following provisions of the James Bay and Northern Québec Agreement:
a) Economic development:
- 28.5 and 24.3.24: Cree Trappers' Association (operation, capital and programs);
- 28.6: Cree Outfitting and Tourism Association (operation);
- 28.7: Cree Native Arts and Crafts Association (operation and programs);
- 28.11.2 a): an Economic Development Agent per community;
- 28.12: assistance to Cree Entrepreneurs.
6.4 The Crees shall carry out the obligations set forth in section 6.3 hereof in accordance with the applicable legislative and regulatory framework of general application such as following applicable construction codes and submitting projects to environmental and social impact assessment where applicable.
6.5 The provisions of this Agreement respecting the provisions of Section 8 and 28 of the James Bay and Northern Québec Agreement described in section 6.3 hereof and the funding thereof do not affect nor are they intended to affect in any manner the obligations and commitments of Canada in the James Bay and Northern Québec Agreement including all those set out in Section 8 and 28 thereof.