Malahat Nation

Financial data for Malahat Nation for fiscal year 2022-23. Malahat Nation is a First Nation in British Columbia with a registered population of 370 and an on-reserve population of 205. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2022-23

Visual breakdown of Malahat Nation's revenue sources and how funds were spent during fiscal year 2022-23.

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Financial Summary FY 2022-23

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$1.19M surplus
Balance for FY 2022-23
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$12.56M
Total revenue in FY 2022-23
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$11.36M
Total expenses in FY 2022-23

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2022-23.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$46.03M
As of fiscal year end 2022-23
Total Liabilities
Accounts payable, long-term debt, and other obligations owed to external parties.
$60.22M
As of fiscal year end 2022-23
Net Debt
Financial liabilities minus financial assets. A negative value indicates net financial assets.
$14.19M (surplus)
Financial liabilities less financial assets
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$21.85M
As of fiscal year end 2022-23
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$7.95M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Malahat Nation.

ClaimStatusLast UpdateTotal Payments
Goldstream - IR 13
Claim submitted by Malahat, Tsartlip, Tsawout, Tseycum and Pauquachin FNs (the Saanich Indian FNs). Alleged 10 acres of the reserve, as defined in the Reserve Commission Minute of Decision, has been unlawfully alienated as a result of a survey error in 1962.
Settled
Settled through Negotiations
Mar 2013
$877K
Malahat I.R. No. 11
Alleged unlawful expropriation and inadequate compensation regarding 18 acre Malahat Highway right-of-way across Malahat I.R. No. 11 in 1908.
Invited to Negotiate
Active
Nov 2025
-
IR 11 Ferry-Wharf - Landing and Road
Alleges that Canada breached its fiduciary obligations failing to act with ordinary prudence to minimally impair Malahat’s interest in IR No. 11 and to provide adequate compensation in relation to the province’s taking and using lands from IR No. 11 for ferry purposes.
Invited to Negotiate
Active
Nov 2025
-
Total$877K

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2022-23.

PositionNameMonthsRemuneration [Note 2]Expenses [Note 3]Total
ChiefGeorge Harry Jr.12$77,100$6,788$0
CouncillorSteve Henry12$77,121$12,422$0
CouncillorGordon Harry12$77,100$4,784$0
CouncillorCynthia Harry12$77,100$3,611$0
Total$308,421$27,605$0

This schedule is unaudited. Prepared by: REID HURST NAGY INC.

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.