Two First Nations added to the schedule of bands eligible under the First Nations Fiscal Management Act

Plain-language summary · AI-assisted

The schedule listing First Nations that can participate in the fiscal management framework — covering local revenue taxation, financial administration, and access to financing — has been updated to add two nations: Nahanni Butte and Swan Lake First Nation, and Walpole Island. First Nations on this schedule are eligible to adopt bylaws and laws under the Act and to access the borrowing and financial management tools it provides. Nations newly added to the schedule should review whether they wish to participate in the Act's programs and engage with the relevant federal bodies. No other substantive provisions of the Act were changed.

Who this affects
Nahanni Butte First Nation · Swan Lake First Nation · Walpole Island First Nation · First Nations considering participation in the fiscal management framework · First Nations finance and governance administrators