First Nations bands have until Wednesday to submit 2014-15 financial data – CBC
Jul 28, 2015
98% of bands complied with the Financial Transparency Act last year
First Nations bands that have not filed their financial statements for 2014-15 by Wednesday at midnight will risk having federal funding for non-essential services cut beginning Sept. 1, warns Aboriginal Affairs Minister Bernard Valcourt.
Under a new law which came into effect one year ago, First Nations have to submit to the Canadian government their audited financial statements for the past fiscal year, including the salaries and expenses of their chiefs and councillors.
