Alberta First Nation taken to court over lack of financial disclosures

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Since 2018, the Stoney Nakoda First Nation has not published required fiscal transparency documents.

The First Nations Financial Transparency Act became law in 2013, and requires 581 First Nations in Canada to publish audited financial statements and information about remuneration and expenses of the chief and council.

“Arguably, the Act was instead primarily motivated by the wildly inaccurate perception in some circles that Indigenous people are being unfairly supported by the government, and wasting the alleged generosity of Canadians,” the First Nation says.Article content, Justin Trudeau’s Liberal government said it would stop enforcing provisions of the act and would reinstate any withheld funding, working instead on a “nation to nation” relationship.

They seek a court order forcing the chiefs and council to release the missing financial disclosures within three weeks, or for an accounting of “all monies received” by the nation and “all monies distributed” by the nation between 2018 and 2022.

 

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