Transparency of First Nations Finances? Good Idea or Bad?

Amid the rather constant drone of drumming, and political back-flipping, Chief Spence has managed for the moment to sidestep the Attawapiskat audit completed in August 2012, and the questions raised of her band’s financial management.

At the same time, the Harper Government has been criticized by some over Bill C-27

Any corrupt FN’s band leader, for I understand there are a few in Canada, (which even FN leaders admit), should be extremely concerned over Bill C-27, – “An Act to enhance the financial accountability and transparency of First Nations”

However, I see no reason for any accountable FN’s leaders to have a problem with the Bill.

What I didn’t know before researching the issue was that FN’s leaders weren’t required to allow their band members to know how much they were getting paid. Huh?

Take a few moments and read through it, it isn’t all that long.

Here’s one section

7. (1) A First Nation must, on the request of any of its members, provide the member with copies of any of the following documents:

(a) its audited consolidated financial statements;

(b) the Schedule of Remuneration and Expenses;

(c) the auditor’s written report respecting the consolidated financial statements; and

(d) the auditor’s report or the review engagement report, as the case may be, respecting the Schedule of Remuneration and Expenses.

I’d love to hear your comments either as to why you think this is a terrible bill, or one that seems quite reasonable and should be of benefit to all FN’s peoples, with the possible exception of leaders like Spence.

One Response to Transparency of First Nations Finances? Good Idea or Bad?

  1. Paul Marcano says:

    As always whether it is millions of tax dollars to the Islands Trust year after year or millions to remote locations in Canada for the sake of feigning an Arctic foothold of Sovereignty there is very little clarity for tax payers as to how the money is allocated once these organizations establish and solidify their conduit into our wallets.

    In so many cases from Unemployment Insurance to Social Services of any kind it is fundamentally the cost of administration and the requisite bureaucracy that absorbs most of the tax piechart with fewer trickle down dollars actually reaching those in need.

    This percentage could so easily be reversed in favour of those in need by computerizing the entire network of wealth redistribution in one simple guaranteed annual income suppliment for those below the poverty line (which is what $50,000 a year now?) Whatever it is, taxpayers are being severely gouged by fiscal administration costss and those in need are falling by the wayside as collateral damage whether they are First Nation’s people or the needy and homeless of any ethnicity from coast to coast.

    Every Government service department needs a major upgrade and all wealth re-distribution needs to be streamlined to end this endlessly squanderous use of a majory of our tax dollars spent distributing a minimum of the total available. Get the computers to spit the cheques out regularly and remove the middle-management-person who is often only there to value judge each recipient with an annoying worthier than thou attitude towards the poor, all the while enjoying a cushy and expensive admin job at the tax payers’ pleasure.

    Sure there should be audits done regularly but you won’t find the problem is with recipients but rather bureaucrats still occupying positions from a former century of manual labour where none is needed anymore. I pay my taxes by cheque and I would prefer the governement redistribute that wealth as efficiently as possible, I am not in the slightest bit concerned about a few odd people taking advantage of government services, those few lay-abouts are still cashing their cheques regularly and feeding our sputtering economy back with the money the government takes from all of us. It is called the Great Circie of our Monetary-based Life.

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