Swan River First Nation

Financial data for Swan River First Nation for fiscal year 2018-19. Swan River First Nation is a First Nation in Alberta with a registered population of 1,738 and an on-reserve population of 473. 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 Swan River First 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.
$5.01M surplus
Balance for FY 2018-19
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$15.61M
Total revenue in FY 2018-19
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$10.60M
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.
$39.05M
As of fiscal year end 2018-19
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$12.64M
As of fiscal year end 2018-19
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$45.24M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Swan River First Nation.

ClaimStatusLast UpdateTotal Payments
Ammunition and Twine Provisions in Treaty 8
The FN alleges that an outstanding lawful obligation exists on the part of the Crown for not having provided sufficient amounts of ammunition and twine from 1899-1952.
Invited to Negotiate
Active
Feb 2021
-
IR 150E - Road Rights of Way
Alleges that the transfer of lands for five roads in 1917 - 1918 - 1932 and 1965 lacked legal validity. The First Nation did not provide informed consent, and was inadequately compensated.
Other
File Closed
Sep 2012
-
Kinuso Townsite Alienation
The FN alleges that a portion of Swan River Reserve 150E was sold and patented by Canada in 1919 without having been surrendered by the Band; Indian Affairs discovered the situation in 1956, but deliberately failed to notify the Band of its oversight.
Other
File Closed
Sep 2012
-
Treaty Land Entitlement
Alleges treaty land entitlement shortfall, pursuant to Treaty 8.
Other
File Closed
Oct 2010
-
Trespass on Road Allowances
Alleged Canada breached its legal and fiduciary obligations in allowing Province of Alberta to construct, establish and maintain eight road allowances within Reserve No. 150E without authorization by Governor General in Council, and without compensation.
Concluded
No Lawful Obligation Found
Sep 2011
-
Treaty 8 Agricultural Benefits
Alleges has yet to be provided with agricultural benefits pursuant to Treaty 8.
Settled
Settled through Negotiations
Feb 2018
$58.53M
Treaty Land Entitlement Shortfall
Alleges unfulfilled treaty land entitlement pursuant to Treaty 8 and loss of use.
Other
Claim Active at the SC Tribunal
Jul 2022
-
Annuity Provisions of Treaty 8
Alleges a failure to deliver a nominal amount of legal tender having a value, in terms of purchasing power, equivalent to that possessed by $5, $15, or $25 at the time Treaty 8 was entered into by members of the Band in 1899.
Other
File Closed
Mar 2023
-
Total$58.53M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2018-19.

PositionNameMonthsSalary & HonorariaTravel & OtherTotal
ChiefGerald Giroux12$52,000$36,000$88,000
CouncilorMarx Giroux12$52,000$36,000$88,000
CouncilorBuddy Giroux12$52,000$36,000$88,000
CouncilorDustin Twin Jr.12$52,000$36,000$88,000
Total$208,000$144,000$352,000

This schedule is unaudited. Prepared by: Doyle & Company

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.