Michipicoten
Financial data for Michipicoten for fiscal year 2013-14. Michipicoten is a First Nation in Ontario with a registered population of 1,459 and an on-reserve population of 63. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.
Revenue and Expenses FY 2013-14
Visual breakdown of Michipicoten's revenue sources and how funds were spent during fiscal year 2013-14.
Loading...
Financial Summary FY 2013-14
Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$321K deficit
Balance for FY 2013-14
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$5.23M
Total revenue in FY 2013-14
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$5.55M
Total expenses in FY 2013-14
Statement of Financial Position
Assets, liabilities, and net financial position as of the end of fiscal year 2013-14.
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$14.37M
As of fiscal year end 2013-14
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$14.41M
Total accumulated surplus
Land Claims
Historical and ongoing land claims involving Michipicoten.
| Claim | Status | Last Update | Total Payments |
|---|---|---|---|
1855 Surrender FN alleges the 1855 surrender of 640 acres of Gros Cap I.R. 49 for a mining location was invalid because the taking failed to comply with the conditions as set out in the Royal Proclamation of 1763. Specifically, the FN alleges that there was no public meeting convened for the taking of the surrender. The land in question was set aside for the FN under the terms of the Robinson-Superior Treaty. | Settled | Settled through Negotiations Mar 2004 | - |
Boundary Claim FN Alleges that Gros Cap Reserve #49 set aside for them, as per the terms of the Robinson Superior Treaty, is smaller than that which the adherents to the Treaty intended and understood they were to receive. The FN alleges that they were promised that their reserve would extend from the mouth of the Doree River to the mouth of the Magpie and Michipicoten Rivers. | Settled | Settled through Negotiations Mar 2008 | $46.90M |
Missanabie Res. 62 & Chapleau Res. 61 In the early 1900's these two reserves were purchased using funds from Michipicoten trust fund account. The lands have never been set aside for the Michipicoten FN. | Concluded | Claim Resolved through Administrative Remedy Dec 1998 | - |
Railway Right-of-Way FN alleges the Algoma Central Railway Company failed to lawfully acquire a 13.6 acre railway right-of-way and therefore trespassed on Gros Cap I.R. 49 for 30 years. The FN alleges, therefore, that Canada breached their fiduciary obligation by failing to ensure the lands were taken in accordance with the requirements under Indian Act and that the First Nation was adequately compensated. The land in question was set aside for the FN under the terms of the Robinson-Superior Treaty. | Concluded | Claim Resolved through Administrative Remedy Jun 2001 | - |
Relocation Claim In 1935, DIA purchased 55.6 acres from the Algoma Central Railway. The lands were purchased with FN funds and not set aside as a reserve. In 1955 Algoma exchanged this land for 13.9 acres north of the harbour. The FN alleges that the exchange was not consented to by all the voting members. | Other | File Closed Jun 2001 | - |
Timber Claim Alleged Crown failed to act in the interest of the FN in the 1925 sale of timber from Gros Cap I. R. 49. | Other | File Closed Jun 2001 | - |
1898 Survey Alleged FN funds were wrongfully taken to pay for the 1898 survey of a mining location they had surrendered in 1855. | Settled | Settled through Negotiations Aug 2000 | $60K |
1899 Survey Alleged FN funds were wrongfully taken to pay for the 1899 survey of their reserve. | Settled | Settled through Negotiations Aug 2000 | $60K |
1899 and 1900 Surrender of Reserve 49 Alleged majority of eligible voters did not attend the meeting held for the taking of the surrender and the surrender is, therefore, invalid. | Settled | Settled through Negotiations Mar 2004 | $13.14M |
Hydro Right of Way FN alleges unlawful expropriation and inadequate compensation for 4.2 acres of I.R. 49 taken in 1943 by the Great Lakes Power Company for a hydro right-of-way. The land in question was set aside for the FN under the terms of the Robinson-Superior Treaty. | Other | File Closed Jun 2001 | - |
Ontario Hydro Right of Way FN alleges unlawful expropriation and inadequate compensation for 70 acres of I.R. 49 taken in 1968, by Ontario Hydro for a Hydro right-of-way. The land in question was set aside for the FN under the terms of the Robinson-Superior Treaty. | Other | File Closed Jun 2001 | - |
| Total | $60.16M | ||
Remuneration and Expenses
Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2013-14.
| Position | Name | Months | Remuneration (Notes 2, 4) | Expenses (Notes 3, 4, 5) | Total |
|---|---|---|---|---|---|
| Chief | Joe Buckell | 12 | $80,692 | $14,760 | $95,452 |
| Councillor | William Swanson | 12 | $15,364 | $162 | $15,526 |
| Councillor | Myrtle Swanson | 12 | $19,714 | $20,308 | $40,022 |
| Councillor | Irene Armstrong | 12 | $14,464 | $1,204 | $15,668 |
| Councillor | Linda Peterson | 12 | $65,780 | $693 | $66,473 |
| Councillor | Donald Humphries | 12 | $14,414 | $1,089 | $15,503 |
| Councillor | Patricia R. Tangle | 12 | $14,314 | $1,859 | $16,173 |
| Total | $224,742 | $40,075 | $264,817 |
This schedule has been audited. Prepared by: BDO Canada LLP
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.
