Nearly 200 First Nations haven’t filed yet under Financial Transparency Act – Toronto Star

They face halt to federal funding because they haven’t yet disclosed the required financial information this year.

OTTAWA—Nearly 200 First Nations face having their federal funding cut short because they have not yet disclosed financial information — including salaries and expenses of chiefs and band councillors — as required by controversial transparency legislation.

The controversial First Nations Financial Transparency Act brought into force by the Conservative government requires 581 band administrations to submit audited financial statements for fiscal 2014-15 to be published on the Aboriginal and Northern Development Canada website.

Read More: http://www.thestar.com/news/canada/2015/09/01/nearly-200-first-nations-havent-filed-yet-under-financial-transparency-act.html