Matsqui First Nation

Financial data for Matsqui First Nation for fiscal year 2020-21. Matsqui First Nation is a First Nation in British Columbia with a registered population of 281 and an on-reserve population of 115. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2020-21

Visual breakdown of Matsqui First Nation's revenue sources and how funds were spent during fiscal year 2020-21.

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Financial Summary FY 2020-21

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$21.78M surplus
Balance for FY 2020-21
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$25.31M
Total revenue in FY 2020-21
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$3.53M
Total expenses in FY 2020-21

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2020-21.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$27.76M
As of fiscal year end 2020-21
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$8.46M
As of fiscal year end 2020-21
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$29.56M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Matsqui First Nation.

ClaimStatusLast UpdateTotal Payments
CPR Expropriation IR No. 1 and 2
Alleged improper taking of Matsqui I.R.'s 1 and 2 for a railway and transmission line right-of-way.
Other
File Closed
Jun 2010
-
Sahhacum IR 1 Riverside Road
Alleges a breach of a statutory duty, fiduciary duty and duty of care when a portion of Sahhacum IR 1 was expropriated circa 1909 and then widened and 'regularized' in 1937.
Invited to Negotiate
Active
Jul 2021
-
Vancouver Power Company RoW on Sahhacum IR 1 & Matsqui Main IR 2
Alleges taking of land from Sahhacum IR 1 and Matsqui Main IR 2 for Vancouver Power Company rights-of-way (1908-1919) was invalid.
Settled
Settled through Negotiations
Dec 2023
$59.13M
CPR Right-of-Way on Sahhacum IR 1
Alleges improper taking of Sahhacum IR1 land for CPR right-of-way.
Concluded
No Lawful Obligation Found
Aug 2012
-
IR 2 (Colonial Portion) Glenmore Road
Alleges that the Glenmore Road, built approximately between 1916 and 1930, remains on the Colonial IR 2 in violation of the requirements of the Indian Act.
Invited to Negotiate
Active
Mar 2017
-
Matsqui Colonial Reserve
Alleges the Crown's reduction of Matsqui First Nation’s Colonial Reserve was without legal authority and in breach of the Crown's honour and fiduciary obligations to the Band.
Invited to Negotiate
Active
Apr 2023
-
IR 4 - 272nd Street Taking
Alleges a breach of statutory and fiduciary obligations with respect to the taking of 1.5 acres of Matsqui IR 4 lands for 272nd Street by failing to obtain a surrender, to obtain compensation, and to protect the First Nation’s reserve interests.
Under Assessment
Justice Department Preparing Legal Opinion
Dec 2024
-
Total$59.13M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2020-21.

PositionNameMonthsRemunerationExpensesReimbursed TravelTotal
ChiefMcKay, Alice12$28,150$0$0$28,150
CouncillorMorgan, Brenda12$24,175$0$0$24,175
CouncillorBird, Ryan12$9,250$0$0$9,250
Total$61,575$0$0$61,575

This schedule is unaudited. Prepared by: Chan Nowosad Boates Chartered Professional Accountants

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.