Beaver Lake Cree Nation

Financial data for Beaver Lake Cree Nation for fiscal year 2024-25. Beaver Lake Cree Nation is a First Nation in Alberta with a registered population of 1,688 and an on-reserve population of 479. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2024-25

Visual breakdown of Beaver Lake Cree Nation's revenue sources and how funds were spent during fiscal year 2024-25.

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Financial Summary FY 2024-25

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$952K surplus
Balance for FY 2024-25
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$29.40M
Total revenue in FY 2024-25
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$28.44M
Total expenses in FY 2024-25

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2024-25.

Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$44.93M
As of fiscal year end 2024-25
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$58.94M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Beaver Lake Cree Nation.

ClaimStatusLast UpdateTotal Payments
Big point-Misteye Mineewatim Group (ASSCTN)
-
-
Treaty Land Entitlement
Alleges unfulfilled Treaty land entitlement.
Concluded
No Lawful Obligation Found
Dec 1991
-
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 Beaver Lake Cree Nation.
Settled
Settled through Negotiations
Dec 2019
$2.97M
Treaty 6 Agricultural Benefits
Alleges the Crown breached its fiduciary duty by failing to provide past and ongoing agricultural and economic assistance to the First Nation pursuant to Treaty 6.
Invited to Negotiate
Active
Feb 2023
-
Total$2.97M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2024-25.

PositionNameMonthsSalaryHonorariaExpensesOtherTravelTotal
Not SpecifiedGary Lameman12$104,000$24,000$0$18,300$53,463$199,763
Not SpecifiedMichael Lameman12$91,000$24,200$0$20,000$61,158$196,358
Not SpecifiedCole Gladue12$91,000$24,000$0$16,800$51,963$183,763
Not SpecifiedLeonard Jackson12$91,000$24,000$0$21,500$54,050$190,550
Total$377,000$96,200$0$76,600$220,634$770,434

This schedule has been audited. 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.