Shoal Lake Cree Nation

Financial data for Shoal Lake Cree Nation for fiscal year 2017-18. Shoal Lake Cree Nation is a First Nation in Saskatchewan with a registered population of 1,276 and an on-reserve population of 1,035. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2017-18

Visual breakdown of Shoal Lake Cree Nation's revenue sources and how funds were spent during fiscal year 2017-18.

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Financial Summary FY 2017-18

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.33M deficit
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$8.60M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$9.93M
Total expenses in FY 2017-18

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2017-18.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$3.22M
As of fiscal year end 2017-18
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$7.44M
As of fiscal year end 2017-18
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$4.21M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$19.27M
As of fiscal year end 2017-18
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$15.06M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Shoal Lake Cree Nation.

ClaimStatusLast UpdateTotal Payments
Land Exchange and Mineral Rights
Alleges the breach of fiduciary duties and legal obligations regarding six land transactions affecting IRs 28, 28A, 29A and 30, and spanning from 1913 to 1965, including the transfer of the sub-surface mineral rights as well as breaching pre-surrender duties, a failure to obtain valid surrenders to facilitate land exchanges, and the failure to provide suitable reserve land for the use of the First Nation.
Under Assessment
Justice Department Preparing Legal Opinion
Aug 2024
-
Wrongful Adhesion to Treaty 5
Alleges owed lawful obligation due to alleged adhesion to Treaty 5 rather than adhesion to Treaty 6; that the First Nation never adhered to Treaty 5, and as such, should not be bound by the terms of that Treaty.
Under Assessment
Justice Department Preparing Legal Opinion
Aug 2024
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2017-18.

PositionNameMonthsRemunerationOther RemunerationTravelProgramming reimbursementsTotal
ChiefCarlton Bear12$39,500$14,764$23,907$3,566$81,737
CouncillorKevin Bear12$32,500$2,690$15,677$915$51,782
CouncillorEldon Whitecap12$31,250$5,671$35,592$9,460$81,973
CouncillorClyde Young12$31,250$3,000$18,594$900$53,744
CouncillorFloyd Flett12$31,250$3,500$19,829$10,136$64,715
CouncillorEdgar Cook1$2,500$0$0$1,570$4,070
CouncillorTheda Lathlin1$2,500$0$0$250$2,750
Total$170,750$29,625$113,599$26,797$340,771

This schedule is unaudited. Prepared by: McClelland Debusschere CPA PC INC

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.