Horse Lake First Nation

Financial data for Horse Lake First Nation for fiscal year 2017-18. Horse Lake First Nation is a First Nation in Alberta with a registered population of 1,428 and an on-reserve population of 530. 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 Horse Lake First 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.
$3.70M surplus
Balance for FY 2017-18
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$20.54M
Total revenue in FY 2017-18
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$16.84M
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.

Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$33.93M
As of fiscal year end 2017-18
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$83.80M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Horse Lake First Nation.

ClaimStatusLast UpdateTotal Payments
1928 Surrender
Alleged 1928 surrender of its reserve was improper.
Settled
Settled through Negotiations
Mar 2001
$125.11M
1932 Transfer of Road Allowances
Alleged improper transfer of land in 1932 to Province of Alberta for road purposes. Transfered land had been surrendered in 1928 (Surrender is at issue in another claim).
Settled
Settled through Negotiations
Mar 2001
-
Ammunition and Twine Provisions of Treaty 8
Alleges a failure to distribute ammunition and twine provisions for the period of 1899 to 1952, failing to maintain proper records and accounts regarding the expenditure and distribution of ammunition and twine, failing to prevent abuse by trading companies, and failing to increase ammunition and twine distributions over time to reflect inflation.
Settled
Settled through Negotiations
Aug 2021
$2.19M
Treaty Land Entitlement
Alleges an insufficient allotment of reserve land pursuant to the terms of Treaty 8.
Invited to Negotiate
Active
Dec 2023
-
Agricultural Benefits Provisions of Treaty 8
Alleges breach of legal and fiduciary obligations by failing to provide agricultural benefits pursuant to Treaty 8, to maintain proper records and accounts of the expenditures and distribution of agricultual benefits, to recognize the obligation to provide agricultural benefits as distinct from the provision of benefits as relief and by failing to provide agricultural benefits in an amount and at a rate sufficient adjusted for inflation over time.
Settled
Settled through Negotiations
Mar 2021
$57.79M
TOPGAS and OMAC
Alleges that Canada failed to monitor and reject unlawful deductions of revenue from oil and gas agreements, namely TOPGAS and OMAC, resulting in significantly lower royalties paid and losses owing to the Horse Lake First Nation.
Settled
Settled through Negotiations
Apr 2020
$964K
Total$186.06M

Remuneration and Expenses

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

PositionNameMonthsSalaryHonorariaOther remunerationSubtotalTravel expensesTotal
ChiefRemona Horseman5$60,472$0$9,682$70,154$23,752$70,154
ChiefEugene Horseman7$64,518$0$9,700$74,218$40,704$74,218
CouncilorMark Petroski12$106,781$4,500$8,050$119,331$86,515$119,331
CouncilorNathan Horseman12$106,781$5,000$16,510$128,291$105,329$128,291
CouncilorStuart (Dallas) Ferguson5$54,151$3,500$36,426$94,077$18,699$94,077
CouncilorCameron Horseman5$54,151$4,000$50,382$108,533$20,991$108,533
CouncilorHank G. Napesis7$53,636$500$51,806$105,942$83,388$105,942
CouncilorH. Brian Horseman7$53,636$500$27,061$81,197$81,539$81,197
Total$554,126$18,000$209,617$781,743$460,917$781,743

This schedule is unaudited. Prepared by: Holm Raiche Oberg, Chartered Professional Accountants P.C. Ltd.

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.