Sturgeon Lake Cree Nation
Financial data for Sturgeon Lake Cree Nation for fiscal year 2018-19. Sturgeon Lake Cree Nation is a First Nation in Alberta with a registered population of 3,891 and an on-reserve population of 1,588. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.
Revenue and Expenses FY 2018-19
Visual breakdown of Sturgeon Lake Cree Nation's revenue sources and how funds were spent during fiscal year 2018-19.
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Financial Summary FY 2018-19
Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.97M deficit
Balance for FY 2018-19
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$17.28M
Total revenue in FY 2018-19
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$19.26M
Total expenses in FY 2018-19
Statement of Financial Position
Assets, liabilities, and net financial position as of the end of fiscal year 2018-19.
Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$8.89M
As of fiscal year end 2018-19
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$20.73M
As of fiscal year end 2018-19
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$11.84M (surplus)
Financial liabilities less financial assets
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$37.92M
Total accumulated surplus
Land Claims
Historical and ongoing land claims involving Sturgeon Lake Cree Nation.
| Claim | Status | Last Update | Total Payments |
|---|---|---|---|
Treaty Land Entitlement Unfulfilled treaty land entitlement pursuant to Treaty No. 8. | Settled | Settled through Negotiations Jan 1990 | $4.72M |
Treaty 8 Agricultural Benefits Alleges has yet to receive agricultural benefits pursuant to Treaty 8. | Other | File Closed May 2010 | - |
Improper Transfer-Reserve Lands I.R. 154 The First Nation alleges that a section of Reserve 154 was misappropriated in 1935 for the purposes of building a road. | Other | Claim in Active Litigation Nov 2001 | - |
Treaty 8 Ammunition & Twine Provisions The First Nation alleges that the Crown failed both to perform its obligations with respect to the ammunition and twine provisions of Treaty 8, and to acknowledge a commitment in this respect until 1952. They claim both that the ammunition and twine provided for relief purposes do not constitute fulfilment of Treaty provisions and the one dollar amount promised in Treaty 8 for ammunition and twine provision is completely insufficient by current terms, and therefore the amount and the treaty itself is "meaningless." | Other | Claim in Active Litigation Dec 2001 | - |
Agricultural Benefits Treaty 8 Alleges failure to provide economic benefits in the form of agricultural provisions to the Sturgeon Lake Cree Nation pursuant to Treaty 8. | Settled | Settled through Negotiations Jan 2018 | $143.23M |
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 Sturgeon Lake Cree Nation. | Settled | Settled through Negotiations Jun 2024 | $250K |
Failure to Provide Intended Value of Treaty 8 Annuities (Indexing) Alleges the Crown’s failure to augment or increase the annual payments of $5 to each band member as set out in Treaty 8 for the purposes of offsetting the impacts of inflation and maintaining the purchasing power thereof. | Other | File Closed May 2023 | - |
| Total | $148.20M | ||
Remuneration and Expenses
Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2018-19.
| Position | Name | Months | Sturgeon Lake Cree Nation Remuneration | Sturgeon Lake Cree Nation Travel | Sturgeon Lake Cree Nation Honoraria | Sturgeon Lake Resources Honoraria | Sturgeon Lake Resources Special Honoraria | Sturgeon Lake Resources Travel | Sturgeon Lake Developments Honoraria | Sturgeon Lake Trust Honoraria | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Chief | Richard Kappo | 12 | $48,000 | $19,144 | $0 | $6,000 | $2,500 | $126 | $1,600 | $2,400 | $79,770 |
| Councillor | Jeannine Caliioo | 12 | $48,000 | $17,137 | $1,500 | $12,000 | $4,800 | $2,876 | $1,600 | $2,400 | $90,313 |
| Councillor | Carol Garbitt | 12 | $48,000 | $11,518 | $1,000 | $12,000 | $0 | $1,485 | $1,600 | $2,400 | $78,003 |
| Councillor | Charlie Goodswimmer | 12 | $48,000 | $14,419 | $2,000 | $12,000 | $5,428 | $2,807 | $1,600 | $2,400 | $88,654 |
| Councillor | Curtis Mitchell | 12 | $48,000 | $15,470 | $2,500 | $12,000 | $5,300 | $4,391 | $1,600 | $2,400 | $91,661 |
| Councillor | Karl Moses | 12 | $48,000 | $15,929 | $2,000 | $12,000 | $5,300 | $4,391 | $1,600 | $2,400 | $91,620 |
| Councillor | Susan Wale | 12 | $48,000 | $9,537 | $2,000 | $12,000 | $2,500 | $126 | $1,600 | $2,400 | $78,163 |
| Total | $336,000 | $103,154 | $11,000 | $78,000 | $25,828 | $16,202 | $11,200 | $16,800 | $598,184 |
This schedule is unaudited. Prepared by: Crowe MacKay 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.
