Media Releases

OTTAWA, ONTARIO – The First Nations Market Housing Fund (FNMHF) has been recognized by the First Nations Financial Management Board (FMB) for its adherence to rigorous international financial management standards. The FMB issued a compliance opinion under its Nonprofit Organization (NPO) standards, affirming that the FNMHF, which promotes home ownership for First Nations people, meets…

SUMAS FIRST NATION ACHIEVES HIGHEST LEVEL OF FINANCIAL CERTIFICATION, OPENING DOORS FOR FUTURE PROSPERITY SUMAS FIRST NATION – Sumas First Nation has achieved Financial Management System (FMS) Certification from the First Nations Financial Management Board (FMB). This means that Sumas First Nation’s finance and administrative governance practices now meet the standards of the FMB’s highest…

HAISLA NATION, B.C. – Haisla Nation, located on British Columbia’s northern coast, recently achieved Financial Management System (FMS) Certification from the First Nations Financial Management Board (FMB). This certification is a significant milestone for the Nation, affirming that Haisla Nation meets rigorous international standards in financial performance, management practices, and accountability. “I am so proud…

LONG POINT FIRST NATION – Long Point First Nation (LPFN), located in the eastern part of the Abitibi-Témiscamingue region in Quebec, has achieved Financial Management System (FMS) Certification from the First Nations Financial Management Board (FMB). This means that LPFN’s finance and administrative governance practices now meet the standards of the FMB’s highest level of…

PHEASANT RUMP NAKOTA FIRST NATION – Pheasant Rump Nakota First Nation, located in Treaty 4 territory on the Pheasant Rump Nakota 68 reserve near Kisbey, Saskatchewan, has achieved Financial Management System (FMS) Certification from the First Nations Financial Management Board (FMB). This means that Pheasant Rump Nakota First Nation’s finance and administrative governance practices now…

AHTAHKAKOOP CREE NATION – Ahtahkakoop Cree Nation in Saskatchewan recently achieved Financial Management System (FMS) Certification from the First Nations Financial Management Board (FMB). This certification is a significant milestone for the Nation, affirming that Ahtahkakoop meets rigorous international standards in financial performance, management practices, and accountability. “This achievement is a testament to the strength,…

HIGH BAR FIRST NATION – High Bar First Nation in the British Columbia Interior recently achieved Financial Management System (FMS) Certification from the First Nations Financial Management Board (FMB). This means that the First Nation’s financial management and administrative governance practices meet the standards of FMB’s highest level of financial certification, based on internationally recognized…

SȾÁUTW̱ FIRST NATION – SȾÁUTW̱ First Nation, located in W̱SÁNEĆ territory, on the east side of the Saanich Peninsula in Greater Victoria, British Columbia, has achieved Financial Management System (FMS) Certification from the First Nations Financial Management Board (FMB). This means that SȾÁUTW̱ First Nation’s finance and administrative governance practices now meet the standards of…

ESQUIMALT FIRST NATION – Esquimalt First Nation, located on Esquimalt Harbour at what is now Victoria, B.C., has achieved Financial Management System (FMS) Certification from the First Nations Financial Management Board (FMB). This means that Esquimalt First Nation’s finance and administrative governance practices now meet the standards of FMB’s highest level of financial certification, based…

SIPEKNE’KATIK – Sipekne’katik First Nation in central Nova Scotia has received Financial Management System (FMS) Certification from the First Nations Financial Management Board (FMB). This means the Nation’s finance and administrative governance practices now meet FMS standards, which are based on internationally recognized standards of financial management. “On behalf of council, I am honoured to…

WEST VANCOUVER – Scott Munro is the new CEO of the First Nations Financial Management Board (FMB) effective August 1, 2024. The Board of Directors chose to promote Munro from his current position as Deputy CEO because of his experience within the organization, the internal and external relationships he has built, his calm and focused…

MONTREAL QC, JULY 15, 2024 — The First Nations Market Housing Fund (the Fund) and the First Nations Financial Management Board (FMB) have joined forces to enhance collaboration and cooperation in supporting First Nations communities. The signing of a Memorandum of Understanding (MOU) between the two organizations took place on the eve of the 45th…

A consortium of national Indigenous organizations (NIOs) is hosting the First Nations Economic Forum at the Delta Hotel in Winnipeg, MB on May 13-14, 2024, to develop an economic framework and identify what initiatives to prioritize to advance First Nations economies and generate more prosperity. Currently, First Nations governments, economic development officers, entrepreneurs and communities…

Gambler First Nation, an Ojibway community in Manitoba, has achieved Financial Management System (FMS) Certification from the First Nations Financial Management Board (FMB). This means that Gambler First Nation’s finance and administrative governance practices now meet FMB standards, which are based on internationally recognized standards of financial management. “FMS Certification gives us the confidence to…

Lower Similkameen Indian Band (LSIB), located in the South-Central Interior of British Columbia, recently received Financial Management System Certification from the First Nations Financial Management Board (FMB). This means their finance and administrative governance practices now meet FMB Standards, which are based on internationally recognized standards of financial management. “I acknowledge the great work of…

GATINEAU, QUEBEC – The Indigenous Peoples in Australia and Canada share a similar history marked by the dispossession of their lands and waters, the denial of their rights, systematic exclusion from the economy and from opportunities for wealth creation. This exclusion and marginalization of Indigenous Peoples from economic opportunities is an ongoing issue in both…

SEABIRD ISLAND BAND – Seabird Island Band (SIB) has achieved Financial Management System (FMS) Certification from the First Nations Financial Management Board (FMB). This means that SIB’s finance and administrative governance practices now meet FMB standards, which are based on internationally recognized standards of financial management. As part of its journey in achieving FMS Certification,…

OTTAWA – The First Nations Financial Management Board (FMB) welcomes Budget 2023’s announcement of $5 million in support the co-development of an Economic Reconciliation Framework, but calls for more substantial action in Budget 2024 to achieve meaningful outcomes. “Building on the strong foundation set out in recent Indigenous-led initiatives, such as the National Indigenous Economic…

Independent committee calls for Indigenous Council on Financial Reporting and Standards Setting OTTAWA – The First Nations Financial Management Board (FMB) welcomes the Independent Review Committee on Standard Setting in Canada’s (IRCSS) final report issued today. The IRCSS recommends including Indigenous peoples in the governance and development of audit, accounting, and sustainability standards. The committee…

OTTAWA – The First Nations Financial Management Board (FMB) has launched a practical framework to advance Indigenous economic reconciliation across Canada. The RoadMap Project offers realistic and meaningful options to support First Nations governments in moving past the one-size-fits-all approach of the failed colonial system. RoadMap empowers First Nations to achieve economic prosperity, self-reliance and…

OTTAWA – The First Nations Financial Management Board (FMB) today launched a practical and implementable framework to advance Indigenous economic reconciliation across Canada. Introduced at a launch event with partners and stakeholders in Ottawa, the RoadMap Project offers realistic and meaningful options to support First Nations governments in moving past the failed one-size-fits-all approach of…

OTTAWA – The First Nations Financial Management Board (FMB) today released two new chapters of its RoadMap Project, outlining the need for First Nations to acquire new fiscal powers, achieve clarity on jurisdiction, and increase their collaboration as part of economic reconciliation. The pathways presented in these chapters are part of a proposed framework for…

The Sheshegwaning First Nation (SFN) has received a Financial Management System (FMS) Certificate from the First Nations Financial Management Board (FMB). This means their finance and administrative governance practices now meet FMB Standards, which are based on internationally recognized standards of financial management. Sheshegwaning has a vision to collectively strive to be a self-sufficient and…

Currently, there is an annual income gap of $27 billion. Systemic barriers have constrained the development of Indigenous Peoples and Indigenous economies for over a century. This needs to be addressed now, but what will it take to move forward as a country, and unlock the Indigenous economy? Together, the FMB and other Fiscal Management…