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 practices now meet FMB , which are based on internationally recognized standards of financial management.
“FMS Certification gives us the confidence to go forward,” says Gambler Chief David LeDoux. “If your finances are in order, the world is your oyster. I want to work with First Nations that understand money and the importance of looking after things the way they should be looked after.”
As part of its journey in achieving FMS Certification, Gambler First Nation developed a Financial Administration Law and received FMB’s Financial Performance Certificate, making the First Nation eligible to borrow from the First Nations Finance Authority.
The strong leadership of Gambler First Nations’ Chief and Council and the dedication of their staff were key to achieving FMS Certification. The FMB congratulates Gambler First Nation on this significant achievement.
About Gambler First Nation
Gambler First Nation is located approximately five miles west of the village of Binscarth and 17 miles southwest of the town of Russell in Manitoba. With 352 members, it offers a fully staffed Health Office, recreation centre, and new Level 1 water transfer building that acts as a fill station for members’ water needs. Gambler’s current economic development activities include oil drilling on its land, trucking, and paving contract work, and commencing an addition to reserve in Brandon, which will include retail businesses. Gambler is also a 20 per cent equity owner in a new potash mine pilot production near the Manitoba-Saskatchewan border.
About FMB
The First Nations Financial Management Board is a First Nations-led non-profit organization that supports First Nations in developing sound financial and administrative governance practices. The FMB was created under the First Nations Fiscal Management Act (FMA) in 2006. Services offered are at no cost to First Nations. For more information on all products and services, visit fnfmb.com.