FSIN’s Debt Continues To Grow

Thursday, February 14, 2008 at 15:00



The financial situation at the FSIN has not improved since its last legislative assembly.


In fact, it is slightly worse.


At the fall assembly, it was revealed the organization had a debt of $1.4 million.


Following the completion of a financial audit, that debt now sits at $1.6 million.


FSIN Vice-Chief Glen Pratt says the FSIN is not alone in its less-than-ideal financial situation.


Pratt says First Nations across the country are under-funded, even though governments have extra money.


Plans for a complete overview of the federation’s finances have been tabled to a special assembly, which will be held March 28th.