Kebaowek First NationFiscal year 2024-2025year-end 2025-03-31

First Nations / Band 65 · Quebec

Kebaowek First Nation

Fiscal year 2024-2025 (year-end 2025-03-31) · 1,320 registered · 288 on reserve · Algonquin Anishinabeg Nation Tribal Council

Certified source-faithful captureCompatibility analytics availableFidelity audit passedNo OCROpinion: qualifiedAuditor: MNP LLPReport dated 2025-10-23Prepared by: ManagementSource PDF hashed

At a glance · FY 2024-2025

Annual surplus (deficit)

$13.2M

$13,208,584

Total revenue

$34.4M

$34,380,838

Total expenses

$20.8M

$20,791,437

Accumulated surplus

$79.5M

$79,506,996

Total financial assets

$47.2M

$47,157,481

Total financial liabilities

$39.1M

$39,131,749

Net financial assets (debt)

$8.03M

$8,025,732

Total non-financial assets

$71.5M

$71,481,264

Revenue and expenses · FY 2024-2025

As published. Line items from the Statement of Operations, ranked by amount.

Revenue

Deferred revenue from previous year$21.0M
ISC - fixed contribution$11.1M
ISC - unexpended contribution from previous year$7.72M
ISC - grant contribution$6.46M
Sales$3.46M
Four Pillars Society$2.96M
Provincial and federal police$2.35M
Aboriginal Savings Corporation of Canada (ABSCAN)$2.15M
Federal contribution - other$1.35M
Administration fees$1.06M
First Nations of Quebec and Labrador Health and Social Services Commission (FNQLHSSC)$981K
Interest$700K
Other revenues$590K
ISC - set contribution$519K
Government of Quebec$471K
First Nations Human Resources Development Commission of Quebec (FNHRDCQ)$469K
Rent revenues$381K
Indigenous Services Canada (ISC) - flexible contribution$301K
ISC - block contribution$185K
Special activities revenues$106K
Land management$100K
First Nations Education Council (FNEC)$81.3K
Canada Mortgage and Housing Corporation (CMHC)$80.9K
Ministère des Forêts, de la Faune et des Parcs$50.0K
Recreation revenues$38.5K
Withdrawal from replacement reserve$28.8K
Refundable surplus (recoverable deficit) to ISC-$3.56K
Review letter-$88.4K
Secrétariat aux Relations avec les Premières Nations et les Inuit-$202K
ISC - unexpended contribution to following year-$9.49M
Deferred revenue to following year-$20.6M

Expenses

Economic development$4.48M
Health$4.15M
Natural resources, recreation and cultural$2.74M
Public works$2.48M
Education$1.73M
Housing$1.47M
Police security$1.43M
Administration and band government$1.30M
Social assistance$628K
Human resources development$255K
Fire protection$134K

Reconciliation: revenue $34.4M − expenses $20.8M = $13.2M surplus

Data by fiscal year

Each row is a fiscal year; every cell opens that data product. Missing data is shown, not hidden.

Fiscal year	Statement tables, notes, schedules	Operations	Financial position	Headline figures	Council pay	Source PDF
2024-2025viewing	View	View	View	View	2 rows	PDF
2023-2024	Posted, not captured	—	—	—	2 rows	PDF
2022-2023	Posted, not captured	—	—	—	1 rows	PDF
2021-2022	Posted, not captured	—	—	—	2 rows	PDF
2020-2021	Posted, not captured	—	—	—	2 rows	PDF
2019-2020	Posted, not captured	—	—	—	2 rows	PDF
2018-2019	Posted, not captured	—	—	—	5 rows	PDF
2017-2018	Posted, not captured	—	—	—	2 rows	PDF
2016-2017	Posted, not captured	—	—	—	Posted, not captured	PDF
2015-2016	Posted, not captured	—	—	—	9 rows	PDF
2014-2015	Posted, not captured	—	—	—	5 rows	PDF
2013-2014	Posted, not captured	—	—	—	10 rows	PDF

Statements as published · FY 2024-2025

3 parser diagnostics

Open statement-only view

Consolidated Statement of Operations

FY 2024-2025 · PDF page 1

Rev − Exp = Surplus: matched

	2025	2024
Sales	3,459,797	3,566,011
Indigenous Services Canada (ISC) - flexible contribution	300,940	3,229,823
ISC - grant contribution	6,461,328	6,224,108
ISC - fixed contribution	11,141,166	4,698,229
ISC - set contribution	518,811	566,162
ISC - block contribution	184,514	28,329
Administration fees	1,061,805	1,356,409
Canada Mortgage and Housing Corporation (CMHC)	80,922	805,349
Federal contribution - other	1,351,211	941,607
First Nations Education Council (FNEC)	81,261	58,598
First Nations of Quebec and Labrador Health and Social Services Commission (FNQLHSSC)	980,826	261,374
Government of Quebec	471,185	5,314,957
First Nations Human Resources Development Commission of Quebec (FNHRDCQ)	468,965	419,573
Four Pillars Society	2,958,000	-⚑
Aboriginal Savings Corporation of Canada (ABSCAN)	2,152,400	-⚑
Interest	700,247	903,725
Land management	100,000	100,000
Ministère des Forêts, de la Faune et des Parcs	50,000	270,000
Refundable surplus (recoverable deficit) to ISC	(3,565)	19,638
Provincial and federal police	2,353,857	6,547,026
Recreation revenues	38,521	42,068
Rent revenues	380,534	351,524
Review letter	(88,374)	-⚑
Secrétariat aux Relations avec les Premières Nations et les Inuit	(201,866)	2,421,554
Special activities revenues	106,412	163,310
Other revenues	590,046	604,093
Withdrawal from replacement reserve	28,840	149,766
ISC - unexpended contribution from previous year	7,719,082	22,213,224
ISC - unexpended contribution to following year	(9,485,421)	(7,719,082)
Deferred revenue from previous year	21,025,541	16,785,332
Deferred revenue to following year	(20,606,147)	(21,025,541)
[total Revenues]	34,380,838	49,297,166
Administration and band government	1,296,273	1,444,289
Human resources development	254,500	147,809
Social assistance	627,904	670,163
Education	1,726,971	1,554,908
Health	4,150,166	3,677,554
Public works	2,477,325	2,477,392
Police security	1,430,954	951,113
Fire protection	134,490	132,751
Housing	1,468,209	1,434,746
Economic development	4,481,354	6,675,281
Natural resources, recreation and cultural	2,743,291	2,117,267
[total Expenses (Note 17)]n17	20,791,437	21,283,273
Surplus for the year before surplus (deficit) in controlled entities	13,589,401	28,013,893
Net (deficit) surplus in controlled entities	(380,817)	504,172
Surplus for the year	13,208,584	28,518,065
Surplus for the year	13,208,584	28,518,065
Proceeds from long-term debt	-⚑	14,800
Reimbursement of long-term debt	(352,127)	(194,414)
Acquisition of capital assets	(14,226,833)	(25,058,328)
Surplus (deficit) under ISC financial reporting requirements(1)	(1,370,376)	3,280,123

Consolidated Statement of Cumulative Operating Surplus

FY 2024-2025 · PDF page 3

	2025	2024
Balance at beginning of year	10,101,866	8,635,629
Surplus for the year	13,208,584	28,518,065
Acquisition of capital assets	(14,226,833)	(25,058,328)
Amortization/loss/proceeds from disposal of capital assets and transfer to tenants	2,048,704	1,513,030
Proceeds from long-term debt	-⚑	14,800
Reimbursement of long-term debt	(352,127)	(194,414)
[total Transfer to net investment in capital assets]	(12,530,256)	(23,724,912)
Allocation from the economic investment deficit	434,119	(364,664)
Allocation to band rental, single apartment building and multiplex reserves	(30,000)	(30,000)
Adjustment to reserved funds - Article 95	13,481	11,000
Transfer to the reserve for ISC grant funding	(2,566,075)	(1,833,108)
Legally enforceable right to set-off between a loan and an account receivable	201,866	(1,110,144)
Balance at end of year	8,833,585	10,101,866

Consolidated Statement of Net Investment in Capital Assets

FY 2024-2025 · PDF page 4

	2025	2024
Net investment in capital assets at beginning of year	57,069,015	32,230,259
Acquisition of capital assets	14,226,833	25,058,328
Reimbursement of long-term debt	352,127	194,414
Reimbursement of Residential Rehabilitation Assistance - Program On-Reserve (RRAP)	6,783	3,700
Legally enforceable right to set-off between a loan and an account receivable	(201,866)	1,110,144
[total Plus]	14,383,877	26,366,586
Proceeds from long-term debt	-⚑	(14,800)
Amortization/loss/proceeds from disposal of capital assets and transfer to tenants	(2,048,704)	(1,513,030)
[total Less]	(2,048,704)	(1,527,830)
Net investment in capital assets at end of year	69,404,188	57,069,015

Consolidated Statement of Financial Position

FY 2024-2025 · PDF page 5

FA − FL = Net FA: matchedNet FA + NFA = Acc. surplus: matched

	2025	2024
Cash	3,297,090	8,122,858
Accounts receivable (Note 3)n3	27,972,998	28,135,948
Short-term investments (3.45% to 5.15%, renewable between April 2025 and November 2025)	10,738,808	5,000,000
Long-term investments (Note 4)n4	4,630,491	4,264,499
Restricted cash and deposits (Note 5)n5	518,094	426,880
[total Financial assets]	47,157,481	45,950,185
Accounts payable and accrued liabilities	6,917,771	8,801,380
Deferred revenue and ISC - unexpended funding (Schedule 1)	30,091,568	28,744,623
Deferred governmental assistance	263,951	277,843
Long-term debt (Note 7)n7	1,858,459	2,015,503
[total Liabilities]	39,131,749	39,839,349
Net financial assets	8,025,732	6,110,836
Capital assets (Note 6)n6	71,248,488	59,070,359
Inventories	148,900	154,330
Prepaid expenses	83,876	525,625
[total Non-financial assets]	71,481,264	59,750,314
Accumulated surplus (Note 10)n10	79,506,996	65,861,150

Consolidated Statement of Changes in Net Financial Assets

FY 2024-2025 · PDF page 6

	2025	2024
Surplus for the year	13,208,584	28,518,065
Acquisition of capital assets	(14,226,833)	(25,058,328)
Amortization/loss/proceeds from disposal of capital assets and transfer to tenants	2,048,704	1,513,030
[total Changes in capital assets]	(12,178,129)	(23,545,298)
Change in inventories	5,430	31,010
Changes in prepaid expenses	441,749	(104,521)
[total Changes in other non-financial assets]	447,179	(73,511)
Adjustment to reserved funds - Article 95	13,481	11,000
Variation of replacement reserves, operating reserve fund and reserves for acquisition of capital assets	416,976	141,289
Increase in in-trust fund	22	21
Variation of RRAP loans	6,783	3,700
[total Changes in non-operational surpluses and reserves]	437,262	156,010
Changes in net financial assets	1,914,896	5,055,266
Net financial assets at beginning of year	6,110,836	1,055,570
Net financial assets at end of year	8,025,732	6,110,836

Consolidated Statement of Cash Flows

FY 2024-2025 · PDF page 7

	2025	2024
Surplus for the year	13,208,584	28,518,065
Amortization of capital assets	2,048,704	1,496,564
Amortization of deferred governmental assistance	(13,892)	(14,623)
Deficit (surplus) in controlled entities	380,817	(504,172)
Loss on disposal of capital assets	-⚑	5,466
[subtotal operating activities]	15,624,213	29,501,300
Changes in non-cash operating working capital items (Note 11)n11	73,465	(2,795,729)
[total Operating activities]	15,697,678	26,705,571
Acquisition of capital assets	(14,226,833)	(25,058,328)
Proceeds from disposal of capital assets	-⚑	11,000
Increase in restricted cash and deposits	(91,214)	(16,297)
Variation of short-term investments	(5,738,808)	9,863
Variation of long-term investments	(746,809)	(319,159)
[total Investing activities]	(20,803,664)	(25,372,921)
Variation of RRAP loans	6,783	3,700
Adjustment to reserved funds - Article 95	430,457	152,289
Increase in in-trust fund	22	21
Proceeds from long-term debt	-⚑	14,800
Reimbursement of long-term debt and RRAP loans	(157,044)	(198,114)
[total Financing activities]	280,218	(27,304)
Net (decrease) increase in cash and cash equivalents	(4,825,768)	1,305,346
Cash and cash equivalents, beginning of year	8,122,858	6,817,512
Cash and cash equivalents, end of year	3,297,090	8,122,858

Note 11 - Additional information relating to the consolidated statement of cash flows

FY 2024-2025 · PDF page 24

	2025	2024
Accounts receivable	162,950	1,688,033
Inventories	5,430	31,010
Prepaid expenses	441,749	(104,521)
Accounts payable and accrued liabilities	(1,883,609)	5,843,682
Deferred revenue and ISC - unexpended funding	1,346,945	(10,253,933)
[total]	73,465	(2,795,729)

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - ADMINISTRATION AND BAND GOVERNMENT SUMMARY

FY 2024-2025 · PDF page 27

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Band Support Funding (#1000)	1,176,195	739,097	437,098	-⚑	437,098	-⚑	604,409	-⚑	604,409
Band Administration (#1001)	1,019,612	280,677	738,935	-⚑	738,935	-⚑	893,208	50,500	943,708
Employee Benefits Plan (#1002)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	1,971	-⚑	1,971
IT Tech (#1003)	63,132	63,132	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Lands and Trust Services (#1004)	12,240	12,240	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Elections (#1005)	8,345	8,345	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Addition to reserve (#1006)	16,030	16,030	-⚑	-⚑	-⚑	106,970	-⚑	-⚑	-⚑
Community Development Plan (#1007)	34,714	34,714	-⚑	59,638	59,638	-⚑	(2,784)	-⚑	(2,784)
ISC Block - Unexpended funding (#1009)	1,669,796	-⚑	1,669,796	-⚑	1,669,796	460,199	1,191,032	-⚑	1,191,032
Covid EMAP Phase 3 (#1012)	-⚑	-⚑	-⚑	-⚑	-⚑	136,240	-⚑	-⚑	-⚑
Estates Management (#1014)	80,976	80,976	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Administration Capital Assets - Amortization (#0299)	-⚑	61,062	(61,062)	-⚑	(61,062)	-⚑	(45,762)	-⚑	(45,762)
[total]	4,081,040	1,296,273	2,784,767	59,638	2,844,405	703,409	2,642,074	50,500	2,692,574

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - HUMAN RESOURCES DEVELOPMENT SUMMARY

FY 2024-2025 · PDF page 27

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Consolidated Revenues Fund (#2000)	137,905	137,905	-⚑	-⚑	-⚑	46,657	-⚑	-⚑	-⚑
Employment Insurance Fund (#2001)	32,068	32,068	-⚑	-⚑	-⚑	13,833	-⚑	-⚑	-⚑
CRF - Youth (#2002)	11,826	11,826	-⚑	-⚑	-⚑	2,586	-⚑	-⚑	-⚑
Youth Work Experience Initiative (#2003)	14,366	14,366	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
FNHRDCQ - Other (#2006)	38,279	38,279	-⚑	-⚑	-⚑	28,194	-⚑	-⚑	-⚑
FNHRDCQ - Career Day (#2007)	20,056	20,056	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
[total]	254,500	254,500	-⚑	-⚑	-⚑	91,270	-⚑	-⚑	-⚑

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - SOCIAL ASSISTANCE SUMMARY

FY 2024-2025 · PDF page 27

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Social Assistance - Basic Needs (#3000)	673,469	541,842	131,627	-⚑	131,627	-⚑	160,301	-⚑	160,301
Social Assistance - Transfers / Employment (#3001)	57,537	39,347	18,190	-⚑	18,190	-⚑	43,696	-⚑	43,696
Social Assistance - Service Delivery (#3002)	52,198	46,715	5,483	-⚑	5,483	-⚑	-⚑	-⚑	-⚑
Inflation Relief (#3004)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	6,699	-⚑	6,699
[total]	783,204	627,904	155,300	-⚑	155,300	-⚑	210,696	-⚑	210,696

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - EDUCATION SUMMARY

FY 2024-2025 · PDF page 27

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Elementary / Secondary Instructional Services (#4000)	923,936	923,166	770	-⚑	770	-⚑	49,989	-⚑	49,989
Post-Secondary Education (#4001)	710,995	664,286	46,709	-⚑	46,709	-⚑	314,114	-⚑	314,114
Adult Education (#4004)	34,493	34,493	-⚑	-⚑	-⚑	15,678	-⚑	-⚑	-⚑
FNEC - Science & Technology / Youth Employment Project (#4501)	20,717	20,717	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
FNEC - Summer Student Jobs (#4502)	12,685	12,685	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
FNEC - ICT Skills Link Program (#4504)	20,526	20,526	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
FNEC - Language and Culture (#4506)	10,343	10,343	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
FNEC Land based teaching (#4509)	30,346	30,346	-⚑	-⚑	-⚑	73,413	-⚑	-⚑	-⚑
Education Capital Assets - Amortization (#21000)	-⚑	10,409	(10,409)	-⚑	(10,409)	-⚑	(11,614)	-⚑	(11,614)
[total]	1,764,041	1,726,971	37,070	-⚑	37,070	89,091	352,489	-⚑	352,489

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - HEALTH SUMMARY

FY 2024-2025 · PDF page 27

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Nursing Station Maintenance (#5000)	205,827	202,184	3,643	11,160	14,803	-⚑	(7,555)	-⚑	(7,555)
Primary Health Care (#5001)	334,755	334,755	-⚑	5,912	5,912	-⚑	-⚑	-⚑	-⚑

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - HEALTH SUMMARY (CONTINUED)

FY 2024-2025 · PDF page 28

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Home Care Nursing (#5002)	131,829	131,829	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Environmental Health Officer (#5003)	14,613	14,613	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Community Health Representative (#5004)	162,546	93,320	69,226	-⚑	69,226	-⚑	6,969	-⚑	6,969
Brighter Futures (#5005)	58,902	-⚑	58,902	-⚑	58,902	-⚑	-⚑	-⚑	-⚑
Mental Health (#5006)	72,551	-⚑	72,551	-⚑	72,551	-⚑	14,017	-⚑	14,017
N.N.A.D.A.P. Prevention (#5007)	167,988	1,497	168,491	-⚑	168,491	-⚑	36,584	-⚑	36,584
Medical Transportation (#5008)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	41,829	-⚑	41,829
Prenatal Nutrition (#5009)	12,722	9,577	3,145	-⚑	3,145	-⚑	31,370	-⚑	31,370
Diabetes (#5010)	76,965	76,965	-⚑	-⚑	-⚑	-⚑	5,314	52,545	57,859
Support to Nurse (Clerical) (#5011)	64,504	64,504	-⚑	-⚑	-⚑	-⚑	4,633	-⚑	4,633
Aids / HIV (#5012)
Health Career Summer Student (#5013)
Tobacco Prevention (#5014)	9,587	610	8,977	-⚑	8,977	-⚑	(1,064)	-⚑	(1,064)
Solvent Abuse (#5015)	36,550	-⚑	36,550	-⚑	36,550	-⚑	9,648	-⚑	9,648
Mental Wellness Team (#5016)	103,783	66,628	37,155	-⚑	37,155	-⚑	12,909	-⚑	12,909
Victims of Family Violence (#5017)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	340,875	-⚑	340,875
Training (AHRDP) (#5018)
Management Support (#5020)	20,943	20,943	-⚑	-⚑	-⚑	-⚑	7,835	-⚑	7,835
Fetal Alcohol Syndrom Disease (#5021)	306,092	202,551	103,541	-⚑	103,541	-⚑	89,347	-⚑	89,347
Sports and Leisures (#5022)	8,178	21	8,157	-⚑	8,157	-⚑	14,698	-⚑	14,698
Maternal and Child Health (#5024)	84,020	84,020	-⚑	-⚑	-⚑	-⚑	(11,549)	-⚑	(11,549)
Head Start (#5027)	11,526	11,526	-⚑	-⚑	-⚑	-⚑	24,627	-⚑	24,627
Youth Center Surplus (#5028)	104,168	104,168	-⚑	-⚑	-⚑	-⚑	10,572	-⚑	10,572
Canadian Oral Hygiene Initiative (#5029)	-⚑	-⚑	-⚑	-⚑	-⚑	1,534,158	-⚑	-⚑	-⚑
NASP - National Aboriginal Suicide Prevention Strategy (#5030)	22,072	800	21,272	-⚑	21,272	9,556	30,000	-⚑	30,000
Communicable Disease Emergencies Initiative (CDE) (#5031)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	47,827	-⚑	47,827
Community Food Security (#5032)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	22,019	-⚑	22,019
Youth Diabetes Summer Camp (#5033)	19,900	19,900	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
E-Health infostructure Program (#5034)	243	243	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
New Health Center (#5035)	359	359	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Spring Fair (#5038)	(838,471)	-⚑	(838,471)	2,702,321	1,863,850	-⚑	(10,000)	9,956,219	9,946,219
Elders Support (#5037)
Girls Can Move Too (#5038)	95,540	95,540	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Home Support Program (#5039)
Traditional Healers (#5040)	191,914	191,914	-⚑	-⚑	-⚑	-⚑	11,467	-⚑	11,467
Covid Mental Wellness (#5044)	7,727	7,926	(199)	-⚑	(199)	199	-⚑	-⚑	-⚑
Covid Communicable Disease (#5049)	495	495	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Covid Assisted Living (#5053)
Indian Day School (#5054)
First Line (CHRT) (#5056)	7,087	7,087	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Sport support (#5057)
Anti-Racism PATI (#5058)
Indigenous Health Equity Fund (#5059)	148,699	-⚑	148,699	-⚑	148,699	-⚑	-⚑	-⚑	-⚑
Trauma Informed (#5060)	-⚑	-⚑	-⚑	-⚑	-⚑	33,238	-⚑	-⚑	-⚑
Medical Transportation - Coordinator Salary (Q01H) (#5875)	31,378	27,755	3,623	-⚑	3,623	-⚑	-⚑	-⚑	-⚑
Medical Transportation - Client Insured Services (Q01O) (#5876)	173,928	180,620	(6,692)	-⚑	(6,692)	-⚑	-⚑	-⚑	-⚑
Medical Transportation - Driver Salary (Q01G) (#5877)	140,454	164,835	(24,381)	-⚑	(24,381)	-⚑	-⚑	-⚑	-⚑
Medical Transportation - Vehicle O & M (Q01E) (#5878)	30,300	23,801	6,499	-⚑	6,499	-⚑	-⚑	-⚑	-⚑
Medical Transportation - Administration (Q01D) (#5879)	40,336	47,161	(6,825)	-⚑	(6,825)	-⚑	-⚑	-⚑	-⚑
Medical Transportation - Purchase of Vehicle (Q01F) (#5880)	648	-⚑	648	59,352	60,000	-⚑	-⚑	-⚑	-⚑
CFS - Operations (A02C0) old 5028 (#5900)	302,312	302,312	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
CFS - Prevention (#5902)	17,218	17,218	-⚑	-⚑	-⚑	399,577	-⚑	-⚑	-⚑
CFS - Representation (#5903)	-⚑	-⚑	-⚑	-⚑	-⚑	98,614	-⚑	-⚑	-⚑
CFS - Emergency (#5904)	6,796	6,796	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
CFS - Poverty (#5905)	103,942	103,942	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
CFS - On Reserve Housing (#5906)	-⚑	-⚑	-⚑	-⚑	-⚑	491,863	-⚑	-⚑	-⚑

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - HEALTH SUMMARY (CONTINUED)

FY 2024-2025 · PDF page 29

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
FNQLHSSC - Day care (#5950)	59,482	59,482	-⚑	-⚑	-⚑	702,903	-⚑	-⚑	-⚑
FNQLHSSC - Family violence (#5953)	63,201	63,201	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
FNQLHSSC - Sport participation (#5954)
FNQLHSSC - Cancer prevention (#5955)	2,171	2,171	-⚑	-⚑	-⚑	25,483	-⚑	-⚑	-⚑
FNQLHSSC - Antiracism (#5957)	5,275	5,275	-⚑	-⚑	-⚑	110,054	-⚑	-⚑	-⚑
FNQLHSSC - Community Mobilization (#5958)	92,382	92,382	-⚑	-⚑	-⚑	193,140	-⚑	-⚑	-⚑
FNQLHSSC - ELCC Renovations (#5959)	-⚑	-⚑	-⚑	-⚑	-⚑	19,527	-⚑	-⚑	-⚑
FNQLHSSC - MOB Homelessness (#5960)	73,236	73,236	-⚑	-⚑	-⚑	46,982	8,399	-⚑	8,399
Jordan's Principal - Support (#5975)	78,169	78,169	-⚑	-⚑	-⚑	171,831	117,531	-⚑	117,531
Jordan's Principal - Mental Wellness (#5976)	679,805	679,805	-⚑	-⚑	-⚑	753,689	(787,092)	-⚑	(787,092)
Jordan's Principal - Allied Services (#5977)	-⚑	-⚑	-⚑	-⚑	-⚑	250,000	541,715	-⚑	541,715
Jordan's Principal - Education (#5982)	239,874	239,874	-⚑	-⚑	-⚑	10,128	105,313	-⚑	105,313
Jordan's Principal - Q2Q9 Education Assistance (#5986)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	(45,335)	-⚑	(45,335)
Health Capital Assets - Amortization (#50008)	-⚑	238,156	(238,156)	-⚑	(238,156)	-⚑	-⚑	-⚑	-⚑
[total]	3,784,521	4,150,166	(365,645)	2,778,745	2,413,100	4,850,920	672,903	10,008,764	10,681,667

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - PUBLIC WORKS SUMMARY

FY 2024-2025 · PDF page 29

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Operation and Maintenance of infrastructure Assets and Facilities (#6001)	998,836	945,454	53,382	-⚑	53,382	-⚑	105,364	313,620	418,984
Capital Funding (#6002)	258,740	189,376	69,364	49,749	119,113	-⚑	65,569	22,117	87,686
Municipality contract (#6003)	2,187	2,187	-⚑	-⚑	-⚑	-⚑	13,225	-⚑	13,225
O&M Eco-Centre (#6006)	55,006	101,943	(46,937)	-⚑	(46,937)	-⚑	-⚑	-⚑	-⚑
Waste Management (#6007)	-⚑	95,740	(95,740)	-⚑	(95,740)	-⚑	14,019	-⚑	14,019
O & M Garbage Truck (#6008)	113,669	141,470	(27,801)	-⚑	(27,801)	-⚑	-⚑	-⚑	-⚑
O & M Roll off Truck (#6009)	36,990	51,966	(14,976)	-⚑	(14,976)	-⚑	-⚑	-⚑	-⚑
Infrastructure - Water System (#6010)	(7,472)	42,528	(50,000)	-⚑	(50,000)	12,538	-⚑	44,004	44,004
Extension Amik Street (#6011)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	(7,022)	24,876	17,854
Eco-Center (#6013)	76,471	7,601	68,870	-⚑	68,870	-⚑	-⚑	-⚑	-⚑
Eco Patrol (#6014)	39,994	39,994	-⚑	-⚑	-⚑	-⚑	(2,523)	-⚑	(2,523)
Skating Rink (#6015)	-⚑	-⚑	-⚑	-⚑	-⚑	671,391	-⚑	-⚑	-⚑
Sewage Repair (#6016)	11,894	11,894	-⚑	30,822	30,822	27,410	-⚑	4,679,616	4,679,616
Asset Management (CQJ90) (#6018)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	(23,106)	-⚑	(23,106)
Community Workshop (#6020)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	(466,449)	591,449	125,000
Makwa Street (#6022)	-⚑	-⚑	-⚑	5,928,705	5,928,705	1,786,535	-⚑	-⚑	-⚑
Public Works - Amortization (#25140)	-⚑	847,172	(847,172)	-⚑	(847,172)	-⚑	(715,863)	-⚑	(715,863)
[total]	1,586,315	2,477,325	(891,010)	6,009,276	5,118,266	2,497,874	(1,016,786)	5,675,682	4,658,896

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - FIRE PROTECTION SUMMARY

FY 2024-2025 · PDF page 29

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Fire Protection (#7000)	134,490	134,490	-⚑	-⚑	-⚑	-⚑	8,150	-⚑	8,150
[total]	134,490	134,490	-⚑	-⚑	-⚑	-⚑	8,150	-⚑	8,150

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - PUBLIC SECURITY SUMMARY

FY 2024-2025 · PDF page 29

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Kebaowek Police Operations (#8000)	1,079,608	1,079,608	-⚑	253,576	253,576	1,706,434	-⚑	88,231	88,231
Police infrastructure (#8002)	-⚑	-⚑	-⚑	3,101,601	3,101,601	253,662	-⚑	6,207,752	6,207,752
Police Conjugal (#8004)	109,393	109,393	-⚑	-⚑	-⚑	-⚑	-⚑	1,523	1,523
Bilateral Federal (#8005)	6,576	6,576	-⚑	345,032	345,032	-⚑	(5,466)	341,807	336,341
Public Security - Amortization (#70000)	-⚑	235,377	(235,377)	-⚑	(235,377)	-⚑	(94,154)	-⚑	(94,154)
[total]	1,195,577	1,430,954	(235,377)	3,700,209	3,464,832	1,960,096	(99,620)	6,639,313	6,539,693

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - HOUSING SUMMARY

FY 2024-2025 · PDF page 30

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
On-Reserve O & M Housing Support (#9000)	64,351	303,888	(239,537)	-⚑	(239,537)	-⚑	(75,731)	-⚑	(75,731)
Housing Program (Article 95 - Post 1996) (#9002)	319,282	369,958	(50,676)	120,240	69,564	-⚑	(22,551)	111,140	88,589
Rent-to-own Houses (#9003)	18,763	37,525	(18,762)	8,704	(10,058)	-⚑	(8,820)	14,772	5,952
Rent - Revolving Loan (#9004)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	2,289	-⚑	2,289
Construction Support (#9005)	57,848	57,848	-⚑	-⚑	-⚑	-⚑	45,302	-⚑	45,302
Other Rental (#9006)	22,800	14,724	8,076	3,193	11,269	-⚑	-⚑	3,128	3,128
INAC Canada Economic Action Plan - Multiplex (#9007)	30,600	20,696	9,904	-⚑	9,904	-⚑	3,485	-⚑	3,485
CMHC - Training/Youth (#9008)
Apartment Building (#9009)	24,048	23,646	402	8,470	8,872	-⚑	(25,069)	8,292	(16,777)
CMHC Construction 165 to 169 Ogima Street (#9015)	26,280	12,030	14,250	-⚑	14,250	-⚑	11,177	15,103	26,280
CMHC Construction - 16 229 593 016 (#9016)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	308	-⚑	308
CMHC Construction - 16 229 593 017 (#9017)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	178	-⚑	178
Sales/Purchases of Houses (#9020)	(105,594)	-⚑	(105,594)	105,594	-⚑	-⚑	-⚑	-⚑	-⚑
Construction - Lynn St-Denis (#9021)
Construction - Raymond GrandLouis (#9023)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	(107,436)	-⚑	(107,436)
Construction - Justin Roy (#9024)	109,922	-⚑	109,922	-⚑	109,922	-⚑	(45,797)	-⚑	(45,797)
RRAP 2023-2024 - 141 Ogima St (Sylvie Ouimette) (#9026)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	(14,800)	(14,800)
CMHC - Co-Investment Fund - Renewal and Repairs (#9027)	-⚑	-⚑	-⚑	-⚑	-⚑	31,792	-⚑	-⚑	-⚑
Rapid Housing Initiative 2023 - 116 Mang Street (#9028)	(471,672)	-⚑	(471,672)	509,737	38,065	-⚑	-⚑	841,635	841,635
Housing Youth Initiative (#9029)	-⚑	-⚑	-⚑	-⚑	-⚑	540	-⚑	-⚑	-⚑
Supervisor/On the job Training (#9030)	105,520	105,520	-⚑	-⚑	-⚑	18,254	-⚑	-⚑	-⚑
Land Preparation - Future projects (#9031)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	(49,427)	-⚑	(49,427)
CMHC - RRAP - 122 Migizy Street (#9032)	447	37,045	(36,598)	-⚑	(36,598)	-⚑	-⚑	40,317	40,317
Housing 2024-2027 Renovations (#9033)	146,313	154,782	(8,469)	-⚑	(8,469)	477,535	-⚑	-⚑	-⚑
Housing Capital Assets - Amortization (#0999)	-⚑	471,154	(471,154)	-⚑	(471,154)	-⚑	(405,185)	-⚑	(405,185)
[total]	348,908	1,608,816	(1,259,908)	755,938	(503,970)	528,121	(677,277)	1,019,587	342,310

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - ECONOMIC DEVELOPMENT SUMMARY

FY 2024-2025 · PDF page 30

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Community Economic Development Organization (CEDO) (#1100)	132,686	245,823	(113,137)	-⚑	(113,137)	-⚑	-⚑	-⚑	-⚑
Community Opportunities (Tourism) (#1101)	35,114	35,114	-⚑	-⚑	-⚑	-⚑	-⚑	61,911	61,911
Comprehensive Planning (#1102)	-⚑	-⚑	-⚑	-⚑	-⚑	21,808	-⚑	-⚑	-⚑
Onimiki Project (#1103)	83,334	9,362	73,972	-⚑	73,972	-⚑	166,228	-⚑	166,228
Matamec (#1104)	5,164	5,164	-⚑	-⚑	-⚑	14,396	-⚑	-⚑	-⚑
SAA Phase A1 Engineer & Architect (#1106)	(403,732)	-⚑	(403,732)	201,866	(201,866)	-⚑	936,111	-⚑	936,111
Cultural Center - Construction (#1109)	-⚑	-⚑	-⚑	123,660	123,660	13,768,789	-⚑	1,134,005	1,134,005
Migizy Gas Bar (#1110)	3,459,797	3,513,099	(53,302)	-⚑	(53,302)	-⚑	(142,991)	3,484	(139,507)
Trappers (#1111)	2,594	2,282	312	-⚑	312	-⚑	-⚑	-⚑	-⚑
Newsletter (#1113)	800	50	750	-⚑	750	-⚑	8,499	-⚑	8,499
Marina Docks (#1116)	22,492	22,492	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Parking Lot - Cultural Center (#1117)	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	36,527	302,533	339,060
Cultural Center - Strategic Planning (#1118)
Forestry (#1119)
CDWAI Support (#1120)	88,273	88,273	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Businesses Support (#1121)	7,316	7,316	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
DWAI Planning & Development (#1122)	227,790	227,790	-⚑	126,656	126,656	1,247,608	-⚑	239,097	239,097
Economic Development - Opportunities (#1123)	(617,255)	32,126	(649,381)	617,255	(32,126)	-⚑	(200,212)	-⚑	(200,212)
LEDSP (#1124)
Radio Station (#1400)	161,046	141,815	19,231	-⚑	19,231	-⚑	(30,803)	54,524	23,721
MCC - Radio Equipment (#1401)	14,395	14,395	-⚑	67,938	67,938	32,167	-⚑	-⚑	-⚑
Economic Development Capital Assets - Amortization (#04000)	-⚑	136,253	(136,253)	-⚑	(136,253)	-⚑	(122,839)	-⚑	(122,839)
[total]	3,219,814	4,481,354	(1,261,540)	1,137,375	(124,165)	15,084,768	650,520	1,795,554	2,446,074

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - NATURAL RESOURCES SUMMARY

FY 2024-2025 · PDF page 31

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Tembec (#1200)	72,313	72,313	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Land Management (MFFP) (#1201)	345,599	345,599	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Land Management (Forestery) (#1202)	68,257	86,029	(17,772)	9,654	(8,118)	510,000	-⚑	8,542	8,542
Land Management (Reforestation) (#1203)	200,000	-⚑	200,000	-⚑	200,000	-⚑	-⚑	-⚑	-⚑
Forestry Building (#1204)	60,000	60,000	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
SRPNI - Consultations (#1205)	102,590	102,590	-⚑	-⚑	-⚑	9,237	4,339	-⚑	4,339
Canadian Environmental Assessment Agency (#1206)	47,980	47,980	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Sugarbush (#1208)	22,459	22,459	-⚑	128,145	128,145	129,789	-⚑	-⚑	-⚑
UNDRIP (#1209)	-⚑	-⚑	-⚑	-⚑	-⚑	10,000	-⚑	-⚑	-⚑
Moose Project (#1212)	10,864	10,864	-⚑	-⚑	-⚑	23,636	-⚑	-⚑	-⚑
Wolf Project - Land Management (#1213)	54,412	54,412	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Nuclear Laboratories (#1214)	42,745	42,745	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Ottawa River Keeper (#1215)	14,010	14,010	-⚑	-⚑	-⚑	29,631	-⚑	-⚑	-⚑
Tenniskoing Doe - Habitat - Environmental assessments (#1217)	13,750	13,750	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Wasamac (#1218)	107,175	107,175	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Nature Conservancy (AIKI-SIBI) (#1219)	21,202	21,202	-⚑	-⚑	-⚑	41,017	-⚑	-⚑	-⚑
ASFAR (#1220)	46,508	46,508	-⚑	-⚑	-⚑	138,569	-⚑	-⚑	-⚑
Tripartite (#1221)	4,942	4,942	-⚑	-⚑	-⚑	21,020	-⚑	-⚑	-⚑
Capacity Support Program (#1222)	12,500	12,500	-⚑	-⚑	-⚑	37,500	-⚑	-⚑	-⚑
NRCAN (#1223)	1,260	1,260	-⚑	-⚑	-⚑	13,787	-⚑	-⚑	-⚑
Justice Canada (#1225)	46,200	46,200	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Vital Metals Evaluation Work (#1226)	-⚑	-⚑	-⚑	-⚑	-⚑	72,976	-⚑	-⚑	-⚑
ESAP Energy Services (#1227)	44,722	54,735	(10,013)	-⚑	(10,013)	20,976	-⚑	-⚑	-⚑
IAAC (CEAA) RIMNET (#1229)	12,426	12,426	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Canadian Nuclear Laboratories (#1230)
CNL/NSDF (#1231)	101,685	101,685	-⚑	-⚑	-⚑	-⚑	(3,475)	-⚑	(3,475)
Forestry Conservation (#1232)
ECCC Guardian (#1233)	6,441	6,441	-⚑	-⚑	-⚑	16,005	-⚑	-⚑	-⚑
CNSC - Global First Power (#1234)	38,865	38,865	-⚑	-⚑	-⚑	58,116	-⚑	-⚑	-⚑
CNSC - ISCF STREAM 1 STUDIES (#1235)	59,146	72,530	(13,384)	-⚑	(13,384)	172,029	-⚑	-⚑	-⚑
CNL - NPD - AECL (#1236)	228,603	323,582	(94,979)	-⚑	(94,979)	-⚑	-⚑	-⚑	-⚑
Judicial Review (#1237)	5,607	5,607	-⚑	-⚑	-⚑	81,016	-⚑	-⚑	-⚑
Department fisheries & ocean (#1238)	22,779	22,779	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
CNL-AECL-CEFA (#1239)	32,349	32,349	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
CNL - SEC DE SEANCE (#1240)	-⚑	-⚑	-⚑	-⚑	-⚑	13,682	-⚑	-⚑	-⚑
CNSC - NPD FPIRT (#1241)	-⚑	-⚑	-⚑	-⚑	-⚑	21,540	-⚑	-⚑	-⚑
CNSC - Nordion (#1242)	-⚑	-⚑	-⚑	-⚑	-⚑	60,350	-⚑	-⚑	-⚑
CNSC - ISCF STREAM 1 STUD (#1244)
Natural Resources - Amortization (#9099)	-⚑	15,838	(15,838)	-⚑	(15,838)	-⚑	(16,941)	-⚑	(16,941)
[total]	1,847,389	1,799,375	48,014	137,799	185,813	1,480,856	(16,077)	8,542	(9,535)

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - RECREATION SUMMARY

FY 2024-2025 · PDF page 31

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Recreation Activities - Eagle Dome (#1300)	214,899	214,585	314	-⚑	314	-⚑	-⚑	-⚑	-⚑
Recreation - User's Fees (#1301)
Country Fest (#1310)	201,812	198,433	3,379	-⚑	3,379	-⚑	56,994	-⚑	56,994
Recreation - Amortization (#0800)	-⚑	4,943	(4,943)	-⚑	(4,943)	-⚑	(6,118)	-⚑	(6,118)
[total]	416,711	417,961	(1,250)	-⚑	(1,250)	-⚑	50,876	-⚑	50,876

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - CULTURAL SUMMARY

FY 2024-2025 · PDF page 31

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Culture - Coordinator (#1500)	60,000	60,000	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑

Schedule 1 - Segment disclosure - STATEMENT OF REVENUES AND EXPENSES - CULTURAL SUMMARY (CONTINUED)

FY 2024-2025 · PDF page 32

	2025 Revenues	2025 Expenses(other)	2025 Surplus (deficit) under ISC - excluding controlled entities(other)	2025 Conciliation(other)	2025 Surplus (deficit) under PSAS - excluding controlled entities(other)	2025 Deferred revenues(other)	2024 Surplus (deficit) under ISC - excluding controlled entities(other)	2024 Conciliation(other)	2024 Surplus (deficit) under PSAS - excluding controlled entities(other)
Aboriginal Day (#1502)	1,920	1,920	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Cultural Activities (#1503)	37,550	37,550	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Truth & Reconciliation (#1504)	8,000	8,000	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑	-⚑
Language Coordinator (#1505)	275,302	275,302	-⚑	-⚑	-⚑	-⚑	-⚑	40,000	40,000
Four Pillars (#1507)	152,837	152,837	-⚑	-⚑	-⚑	2,805,163	-⚑	-⚑	-⚑
[total]	535,609	535,609	-⚑	-⚑	-⚑	2,805,163	-⚑	40,000	40,000
Total	19,952,119	20,941,698	(989,579)	14,578,980	13,589,401	30,091,568	2,775,948	25,237,942	28,013,890

Notes to the financial statements

Verbatim, as published. Statement lines above link to their notes.

Note 3Accounts receivable

	2025	2024
ISC receivable	7,420,729	3,632,074
FNHRDCQ receivable	3,443	1,616
FNEC receivable	25,435	5,668
FNQLHSSC receivable	382,304	268,553
CMHC receivable	-⚑	88,088
GST, QST and tobacco tax receivable	31,151	57,882
Forestry contracts receivable	55,000	105,000
SRPNI receivable	1,285,970	1,808,407
Ministère des Forêts, de la Faune et des Parcs	76,250	270,000
Public security receivable	2,152,376	7,904,223
Other administration accounts receivable	124,477	155,384
Canadian Nuclear Laboratories receivable	306,088	421,070
Accounts receivable (housing)	1,456,570	1,290,016
Water and garbage receivable	78,186	69,170
Other accounts receivable	1,484,904	992,077
Expenses to be reimbursed (housing)	129,879	105,385
Quebec Tourism receivable	2,000,000	2,010,000
Green and Inclusive Community Buildings Program receivable	8,872,190	8,872,190
Canada Economic Development receivable	199,999	631,514
Four Pillars Society receivable	2,758,000	-⚑
[total]	28,842,951	28,688,317
Allowance for doubtful accounts	(869,953)	(552,369)
[total net]	27,972,998	28,135,948

Note 4Long-term investments

	2025	2024
Amik Nikewin Development Inc. - Subsidy (100.00%) (General partner of Kitika Nijwaswi L.P.) Investment	100	100
Amik Nikewin Development Inc. - Subsidy (100.00%) (General partner of Kitika Nijwaswi L.P.) Equity pick-up (accumulated deficit)	(193)	(155)
[total Amik Nikewin Development Inc.]	(93)	(55)
Kitika Nijwaswi L.P. (parts of 99.99%) Investment	99	99
Kitika Nijwaswi L.P. (parts of 99.99%) Equity pick-up (accumulated deficit)	(1,938,574)	(1,557,795)
Kitika Nijwaswi L.P. (parts of 99.99%) Advances, no interest and repayment terms	5,800,039	5,353,230
[total Kitika Nijwaswi L.P.]	3,861,564	3,795,534
Énergie renouvelable Onimiki S.E.C. (parts of 20.00%) Investment	769,020	469,020
[total Long-term investments]	4,630,491	4,264,499

	2025	2024
Cash	541,865	367,174
Accounts receivable	370,525	494,647
[total Financial assets]	912,390	861,821
Inventories	150,499	111,964
Capital assets	1,979,726	2,236,625
[total Non-financial assets]	2,130,225	2,348,589
Short-term liabilities	536,282	562,628
Long-term liabilities	3,162,704	3,058,622
[total Liabilities]	3,698,986	3,621,250
Net debt	2,786,596	2,759,429
Accumulated deficit	656,371	410,840
Revenues - sales	1,675,267	2,732,538
Salaries and fringe benefits	736,070	746,984
Amortization of capital assets	256,899	260,221
Gas	283,457	228,111
Interest on long-term debt	53,579	94,025
Material and supplies	226,579	597,293
Repairs and maintenance	146,881	223,441
Other expenses	217,333	232,579
[total Expenses]	1,920,798	2,382,654
(Deficit) surplus from operations	(245,531)	349,884

	2025	2024
Cash	61,364	229,508
Accounts receivable	405,064	515,615
[total Financial assets]	466,428	745,123
Capital assets	1,192,633	1,323,422
Short-term liabilities	41,956	347,414
Long-term liabilities	2,899,493	2,868,234
[total Liabilities]	2,941,449	3,215,648
Net debt	2,475,021	2,470,525
Accumulated deficit	1,282,388	1,147,103

	2025	2024
Revenues - sales	460,748	700,319
Salaries and fringe benefits	23,099	124,821
Amortization of capital assets	130,789	147,581
Contracts	398,171	477,220
Gas	325	20,972
Interest on long-term debt	5,652	19,128
Material and supplies	-⚑	120,121
Repairs and maintenance	125	35,151
Other expenses	37,873	77,598
[total Expenses]	596,034	1,022,592
Deficit from operations	(135,286)	(322,273)
Subsidies from Kebaowek First Nation	-⚑	292,000
Net loss	(135,286)	(30,273)
Operating activities	(87,294)	135,136
Investing activities	-⚑	5,068
Financing activities	(80,581)	(43,484)
2026 Principal payments	24,506	-⚑

Note 5Restricted cash and deposits

	2025	2024
In-trust surplus	663	641
Operating and replacement reserves (Note 12)n12	517,431	426,239
[total]	518,094	426,880

Note 6Capital assets

	2025 Cost	2025 Accumulated amortization(other)	2025 Net book value(other)	2024 Net book value(other)
Assets under construction	1,663,647	-⚑	1,663,647	19,693,854
Lands	533,003	-⚑	533,003	315,769
Community buildings	30,262,371	2,101,581	28,160,790	5,867,226
Private housing	12,718,262	6,482,923	6,235,339	5,016,956
Water and sanitation systems	17,915,120	3,584,992	14,330,128	14,697,567
Roadway system	17,796,180	1,279,428	16,516,752	10,263,944
Motorized equipment	4,326,835	2,248,288	2,078,548	2,195,177
Building Migizy Odenaw Inc.	662,331	421,770	240,561	253,222
Equipment Migizy Odenaw Inc.	530,954	418,266	112,688	125,209
Restaurant equipment Migizy Odenaw Inc.	71,642	59,004	12,638	15,797
Office and other equipment	2,925,328	1,560,934	1,364,394	625,638
[total]	89,405,673	18,157,186	71,248,488	59,070,359

Note 7Long-term debt

	2025	2024
Loan, 3.07%, reimbursed during the year	-⚑	1,128
Loan, 3.07%, reimbursed during the year	-⚑	915
Loan, 4.15%, secured by ISC, payable by monthly instalments of $495, capital and interest, maturing in 2030	26,611	31,651
Loan, 3.81%, secured by ISC, payable by monthly instalments of $1,380, capital and interest, maturing in 2033	106,925	119,575
Loan, 3.52%, secured by ISC, payable by monthly instalments of $596, capital and interest, maturing in 2034	50,784	56,236
Loan, 1.50%, secured by ISC, payable by monthly instalments of $1,591, capital and interest, maturing in 2033	141,030	158,080
Loan, 3.75%, secured by ISC, payable by monthly instalments of $1,018, capital and interest, maturing in 2037	116,760	124,874
Loan, 0.71%, secured by ISC, payable by monthly instalments of $553, capital and interest, maturing in 2036	68,141	74,315
Loan, 3.04%, secured by ISC, payable by monthly instalments of $1,274, capital and interest, maturing in 2028	30,829	45,070
Loan, 4.66%, secured by ISC, payable by monthly instalments of $714, capital and interest, maturing in 2032	46,407	52,881
Amounts to be carried forward	587,487	664,725

	2025	2024
Amounts carried forward	587,487	664,725
Loan, 2.22%, secured by ISC, payable by monthly instalments of $1,030, capital and interest, maturing in 2041	170,694	179,160
Loan, 2.22%, secured by ISC, payable by monthly instalments of $389, capital and interest, maturing in 2042	64,381	67,574
Loan, 1.13%, secured by ISC, payable by monthly instalments of $552, capital and interest, maturing in 2036	67,001	72,902
Loan, 3.12%, secured by ISC, payable by monthly instalments of $1,284, capital and interest, maturing in 2044	213,091	222,345
Loan, 3.30%, secured by ISC, payable by monthly instalments of $254, capital and interest, maturing in 2030	12,060	14,741
Loan, 0.71%, secured by ISC, payable by monthly instalments of $530, capital and interest, maturing in 2027	7,904	14,187
Loan from CMHC (RRAP) (1)	4,317	11,100
Loan, 3.95%, secured by ISC, payable by monthly instalments of $181, capital and interest, maturing in 2042	12,823	14,445
Loan, 4.08%, secured by ISC, payable by monthly instalments of $1,359, capital and interest, maturing in 2045	217,143	225,200
Loan, 3.02%, secured by ISC, payable by monthly instalments of $578, capital and interest, maturing in 2045	102,552	106,839
Loan, 3.23%, secured by ISC, payable by monthly instalments of $824, capital and interest, maturing in 2045	145,289	151,516
Loan, 3.69%, secured by motorized equipment of a net book value of $27,081, payable by monthly instalments of $859, capital and interest, maturing in 2027	12,578	22,232
Loan, 3.52%, secured by ISC, payable by monthly instalments of $729, capital and interest, maturing in 2049	138,835	143,094
Loan, 3.52%, secured by ISC, payable by monthly instalments of $537, capital and interest, maturing in 2049	102,304	105,443
[total]	1,858,459	2,015,503
Current portion	146,583	148,261
[total long-term debt]	1,711,876	1,867,242

	Amount
2026	146,583
2027	137,342
2028	123,929
2029	126,335
2030	127,334

Note 8Reserves for acquisition of capital assets

	2025	2024
School bus	294,082	144,082
Public works equipment	150,000	100,000
Single apartment building	95,551	89,551
Band rental	82,625	67,625
Public security	315,240	284,610
Garbage truck	233,665	100,000
Roll-Off truck	95,133	50,000
[total]	1,266,295	835,868

Note 10Accumulated surplus

	2025	2024
Reserves for acquisition of capital assets (Note 8)n8	1,266,295	835,868
Economic investment deficit	(5,079,101)	(4,644,982)
In-trust surplus	663	641
Operating reserve fund - Article 95	49,344	62,825
Replacement reserve fund - Article 95	461,713	440,683
Replacement reserve fund - Multiplex	125,000	116,000
Net investment in capital assets	69,404,188	57,069,015
Staff Development Reserve	46,126	46,126
Reserve for ISC grant funding	4,399,183	1,833,108
Cumulative operating surplus	8,833,585	10,101,866
[total]	79,506,996	65,861,150

Note 11Additional information relating to the consolidated statement of cash flows

	2025	2024
Accounts receivable	162,950	1,688,033
Inventories	5,430	31,010
Prepaid expenses	441,749	(104,521)
Accounts payable and accrued liabilities	(1,883,609)	5,843,682
Deferred revenue and ISC - unexpended funding	1,346,945	(10,253,933)
[total]	73,465	(2,795,729)

Note 17Expenses

	2025	2024
Cost of goods sold - Migizy Odenaw Inc.	3,048,147	3,215,538
Advertising	7,087	6,202
Salaries and fringe benefits	5,472,601	5,011,997
Allocations	769,380	848,947
Administration fees	950,280	1,101,038
Contracts	707,525	906,870
Amortization of deferred governmental assistance	(13,892)	(14,623)
Amortization of capital assets	2,048,704	1,496,564
Doubtful accounts	319,592	112,846
Management expenses	80,405	59,453
Energy	195,490	143,754
Membership fees	6,598	13,004
Gas	102,727	96,645
Insurances	296,747	257,073
Interest and bank charges	19,087	73,044
Interest on long-term debt	60,010	64,735
Licenses and permits	73,217	93,442
Maintenance expenses	159,846	209,020
Material and supplies	855,378	1,010,284
Pension plan	411,665	348,636
Professional fees	2,664,297	2,668,717
Rental	125,503	158,899
Room and board	261,933	199,592
Telecommunications	90,930	76,580
Training expenses	99,722	71,201
Transfer to Migizy Odenaw Childcare Centre	55,000	1,301
Transfer to the replacement reserve	445,377	285,750
Transportation expenses	259,248	312,722
Travel	183,008	184,101
Tuition fees	612,560	588,438
Water, garbage and sewer expenses
Workshops expenses	373,265	486,330
Transfer to Aki Mikinak Kitchi Sibi Land Trust	50,000	-⚑
Transfer to economic development businesses	-⚑	1,189,707
Loss on disposal of capital assets	-⚑	5,466
[total]	20,791,437	21,283,273

Chief and council pay · FY 2024-2025

2 certified rows

Filed under the FNFTA as the Schedule of Remuneration and Expenses.

Position	Name	Remuneration	Expenses	Total
Councillor	Doris Hunter	$9,000	$0	$9,000
Chief	Lance Haymond	$127,608	$15,980	$143,588

Schedules of remuneration are published unaudited. These are certified compatibility rows; blank totals stay blank and the application does not manufacture a combined total. The lossless release also preserves every printed component and service term (capture method: ocr v2). Source document

Specific land claims

All years, from the ISC specific-claims reporting centre, not the financial statement.

No specific claims for this First Nation appear in the ISC reporting centre data.

Community context

Governance

Chief: LANCE HAYMOND (term to 2027-06-07)
Council: 3 councillors
Election system: Indian Act
Tribal council: Algonquin Anishinabeg Nation Tribal Council

Show council

GÉRALD CHAPUT Councillor
TINA CHEVRIER Councillor
JUSTIN ROY Councillor

Reserves and location

Reserves: 1 reserves
Region: QUEBEC · near Rouyn
Band office: 46.7856, -78.9851

Show reserves

KEBAOWEK · 51 ha

Population

Registered: 1,320
On reserve: 288
As of: May, 2026

Registry facts from the ISC First Nation profiles; land and coordinates from federal open data.