As of March 2004, INAC [Indian and Northern Affairs Canada] had followed its policy to intervene with third party management due to financial, political or other management problems in a total of 34 cases (approximately 5% of 633 band councils). This is a cumulative rather than annual figure as resolution often takes several years. Interventions are brought on by a range of matters that would be dealt with internally by non-aboriginal managers, such as carrying greater than 8% debt load, something municipal governments, businesses and individuals do frequently with no intervener.posted by jokeefe at 2:50 PM on December 26, 2012 [7 favorites]
An investigation through the Parliamentary Standing Committee on Aboriginal Affairs and Resource Development in 2003, showed that 96% of First Nations had no accountability issues of any kind, meaning that they were fully compliant with all rules and regulations.
First Nations government reporting greatly exceeds that of comparable institutions.
First Nations provide a minimum of 168 different financial reports to the four major funding departments (INAC, Health Canada, HRSDC and CMHC). That’s three per week. The majority of these communities have less than 500 people.
INAC alone receives over 60,000 reports from First Nations annually.
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posted by jokeefe at 12:52 PM on December 25, 2012