?Akisq'nuk First Nation

Financial data for ?Akisq'nuk First Nation for fiscal year 2021-22. ?Akisq'nuk First Nation is a First Nation in British Columbia with a registered population of 526 and an on-reserve population of 140. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2021-22

Visual breakdown of ?Akisq'nuk First Nation's revenue sources and how funds were spent during fiscal year 2021-22.

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Financial Summary FY 2021-22

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$30.67M surplus
Balance for FY 2021-22
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$35.92M
Total revenue in FY 2021-22
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$5.25M
Total expenses in FY 2021-22

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2021-22.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$56.73M
As of fiscal year end 2021-22
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$7.72M
As of fiscal year end 2021-22
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$14.74M
As of fiscal year end 2021-22
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$63.87M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving ?Akisq'nuk First Nation.

ClaimStatusLast UpdateTotal Payments
Elkhorn Ranch
(Band previous name: Columbia Lake) FN Alleges lands were part of its traditional village and should have been reserved.
Settled
Settled through Negotiations
Mar 2022
$28.00M
Madias & Tatley Lands
(Band previous name: Columbia Lake) FN alleges alienation of the Madias and Tatley lands.
Invited to Negotiate
Active
Jan 2021
-
Wilder Bros. Timber
Alleges that between 1947 and 1950 the Crown failed to fulfill the mandatory statutory requirements of scaling, valuation, and advertisement of the timber removed from Columbia Lake IR No. 3, which resulted in ?Aksiq’nuk First Nation receiving less than adequate compensation.
Invited to Negotiate
Active
Mar 2019
-
Kootenay-Columbia Highway on IR 3
The First Nation alleges that Canada breached its legal obligations with regard to the construction of, and subsequent changes to, the Kootenay-Columbia Highway on Columbia Lake I.R. 3.
Invited to Negotiate
Active
Mar 2022
-
Highways 93 and 95 on Columbia Lake IR 3
The First Nation alleges that Canada breached its fiduciary obligations over the course of British Columbia’s appropriation of land from IR 3 for the Kootenay-Columbia Highway 93/95.
Invited to Negotiate
Awaiting Response
Nov 2025
-
Total$28.00M

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2021-22.

PositionNameMonthsRemuneration (note 3)Expenses (note 4)Total
ChiefRyan Nicholas12$26,516$1,260$27,776
CouncilorTheresa Kains12$26,516$1,260$27,776
CouncilorLillian Rose12$26,516$1,345$27,861
CouncilorRosemary Phillips12$26,516$2,820$29,336
CouncilorAllan Nicholas12$26,516$1,260$27,776
Total$132,580$7,945$140,525

This schedule is unaudited. Prepared by: KPMG 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.