M'Chigeeng First Nation

Financial data for M'Chigeeng First Nation for fiscal year 2022-23. M'Chigeeng First Nation is a First Nation in Ontario with a registered population of 2,883 and an on-reserve population of 935. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2022-23

Visual breakdown of M'Chigeeng First Nation's revenue sources and how funds were spent during fiscal year 2022-23.

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Financial Summary FY 2022-23

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.87M surplus
Balance for FY 2022-23
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$33.16M
Total revenue in FY 2022-23
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$31.29M
Total expenses in FY 2022-23

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2022-23.

Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$36.01M
As of fiscal year end 2022-23
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$54.21M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving M'Chigeeng First Nation.

ClaimStatusLast UpdateTotal Payments
Land Purchases
FN alleges breach of fiduciary obligation relating to sales of surrendered land that did not conform to the Crown's directives regarding how the sales were to be conducted.
Concluded
No Lawful Obligation Found
Oct 2007
-
Flooding of Lake Mindemoya
FN alleges unlawful damming of Lake Mindemoya on Manitoulin Island IR #22, by a private milling company, caused flooding damage on reserve land along the lakeshore.
Concluded
No Lawful Obligation Found
Jun 2011
-
Sanfield Sugar Bush
FN alleges desired land, known as the 'Sugar Bush Lands' were never properly set aside for them, and were sold without the notification or consultation of the FN in 1943. Also alleges loss of use of Sugar Bush.
Concluded
No Lawful Obligation Found
Mar 2011
-
Treasure Island
FN alleges breach of fiduciary obligation as a result of a failure to observe the FN requests regarding the selection of their reserve lands.
Concluded
No Lawful Obligation Found
Feb 2011
-
Total$0

Sources

Financial data is sourced from annual reports published under the First Nations Financial Transparency Act (FNFTA). Data is extracted using automated processes and may contain errors. If you notice any issues, please contact us.