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Wuskwi Sipihk First Nation

Financial data for Wuskwi Sipihk First Nation for fiscal year 2021-22. Wuskwi Sipihk First Nation is a First Nation in Manitoba with a registered population of 862 and an on-reserve population of 263. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2021-22

Visual breakdown of Wuskwi Sipihk First Nation's revenue sources and how funds were spent during fiscal year 2021-22.

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Financial Summary FY 2021-22

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$5.93M surplus
Balance for FY 2021-22
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$18.25M
Total revenue in FY 2021-22
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$12.32M
Total expenses in FY 2021-22

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2021-22.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$6.05M
As of fiscal year end 2021-22
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$11.12M
As of fiscal year end 2021-22
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$5.07M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$47.46M
As of fiscal year end 2021-22
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$42.42M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Wuskwi Sipihk First Nation.

ClaimStatusLast UpdateTotal Payments
Treaty Land Entitlement
(Band previous name: Indian Birch). Unfulfilled treaty land entitlement pursuant to Treaty No. 4. This First Nation is signatory to the Manitoba TLE Framework Agreement.
Settled
Settled through Negotiations
Jul 1998
$4.33M
Treaty 4 Agricultural Benefits
Alleges a breach of fiduciary duty by failing to distribute agricultural benefits in accordance with the terms of Treaty 4, as well as failing to provide clear and distinct records of the distribution of these Treaty obligations.
Settled
Settled through Negotiations
Feb 2025
$46.14M
Total$50.47M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2021-22.

PositionNameMonthsSalaryHonorariaOther remunerationSubtotalTravel expensesTotal
ChiefElwood Zastre12$0$92,100$1,100$93,200$30,018$93,200
CouncillorMaxwell Kematch12$0$72,400$1,100$73,500$25,067$73,500
CouncillorThe late Seaford Kematch12$0$72,400$1,250$73,650$25,986$73,650
CouncillorNathan Kematch12$0$69,800$625$70,425$20,383$70,425
Total$0$306,700$4,075$310,775$101,454$310,775

This schedule is unaudited. Prepared by: MNP LLP

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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.

Download Full Financial Report (PDF)