Washagamis Bay

Financial data for Washagamis Bay for fiscal year 2021-22. Washagamis Bay is a First Nation in Ontario with a registered population of 364 and an on-reserve population of 188. Information is extracted from publicly available annual reports published under the First Nations Financial Transparency Act.

Revenue and Expenses FY 2021-22

Visual breakdown of Washagamis Bay's revenue sources and how funds were spent during fiscal year 2021-22.

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Financial Summary FY 2021-22

Surplus/Deficit
The difference between total revenue and total expenses. A surplus indicates revenue exceeded expenses.
$884K deficit
Balance for FY 2021-22
Total Revenue
All revenue collected during the fiscal year, including transfers, own-source revenue, and other funding.
$11.32M
Total revenue in FY 2021-22
Total Expenses
All expenses incurred during the fiscal year including program delivery, administration, and capital costs.
$12.20M
Total expenses in FY 2021-22

Statement of Financial Position

Assets, liabilities, and net financial position as of the end of fiscal year 2021-22.

Total Financial Assets
Cash, investments, accounts receivable, and other assets that can be converted to cash.
$4.25M
As of fiscal year end 2021-22
Tangible Capital Assets
Land, buildings, equipment, vehicles, and infrastructure owned by the First Nation.
$20.95M
As of fiscal year end 2021-22
Accumulated Surplus
The cumulative surplus accumulated over time from operations.
$20.15M
Total accumulated surplus

Land Claims

Historical and ongoing land claims involving Washagamis Bay.

ClaimStatusLast UpdateTotal Payments
Reserve 38D
(Band previous name: O’bash’kaan’da’gaang) Alleged that several islands were not set aside as part of Reserve 38D pursuant to Treaty 3. Furthermore, alleges these islands were alienated without compensation.
Invited to Negotiate
Active
Oct 2008
-
Headlands
(Band previous name: O’bash’kaan’da’gaang) Breach of fiduciary obligation regarding the 1894 agreement between Canada and Ontario, and the later revocation of this portion of the agreement by Ontario in 1915 (Canada / Ontario Boundary Dispute); involves IR# 38A.
Other
File Closed
Apr 2008
-
Flooding (Tr3 Flooding Project)
(Band previous name: O’bash’kaan’da’gaang) Alleged reserve lands (Rat Portage 38A) flooded without compensation.
Invited to Negotiate
Active
Feb 2010
-
Island 646P
(Band previous name: O’bash’kaan’da’gaang) FN Alleges that Island 646P was detached from Indian Reserve 38A by rising waters in the Lake of the Woods caused by the construction of the Norman Dam in 1898. The island was then subsequently sold in 1909 by Ontario without an expropriation or surrender having taken place. This island is located in the Treaty 3 area.
Concluded
No Lawful Obligation Found
Aug 2011
-
Timber Harvesting on IR 38A
(Band previous name: O’bash’kaan’da’gaang) Alleges a breach of fiduciary and legal obligations by Canada's failure to observe the requirements of the Indian Act and the Indian Timber Regulations when disposing of timber located on Rat Portage Reserve 38A between 1910 and 1925.
Invited to Negotiate
Active
Oct 2022
-
Total$0

Remuneration and Expenses

Salaries, honoraria, travel, and other expenses paid to elected officials and senior employees during fiscal year 2021-22.

PositionNameMonthsProgram salaryCouncil honorariaBenefits & EITravel & travel related honorariaTotal
ChiefVernon Copenace12$75,984$17,037$1,220$10,060-
CouncillorBrenda Chartrand12$83,167$16,842$811$40,852-
CouncillorDolores Sinclair12$76,800$16,842$811$38,063-
CouncillorRuth Paypom12$70,173$8,316$768$143,476-
CouncillorMarilyn Sinclair12$63,957$9,142$638$11,129-
CouncillorGillman Nathaniel7$37,500$9,150$628$22,893-
Total$407,581$77,329$4,876$266,473$0

This schedule is unaudited. Prepared by: Prairie Point Chartered Professional Accountants Ltd.

Sources

Financial data is sourced from annual reports published under the First Nations Financial Transparency Act (FNFTA). Data is extracted using automated processes and may contain errors. If you notice any issues, please contact us.