Almost 200 First Nations to lose millions worth of funding for failing to post financial information online – National Post

Almost 200 First Nations to lose millions worth of funding for failing to post financial information online – National Post

by ahnationtalk on September 3, 2015990 Views

September 3, 2015

The Conservative government will start withholding millions of dollars in salaries and other funding from nearly 200 First Nations after they failed to publish detailed financial information online, as is required by a controversial federal law.

Under the First Nations Financial Transparency Act, 581 First Nations from across the country were required to post audited financial statements on the Internet by midnight Tuesday or risk losing non-essential funding from the federal government.

The information to be made public included how much money individual band leaders made during the year, no matter whether the income came from federal funding or the First Nation’s business interests.

Read More: http://news.nationalpost.com/news/canada/canadian-politics/almost-200-first-nations-to-lose-millions-worth-of-funding-for-failing-to-post-financial-information-online

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