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08 FNT Annual Report FIRSTFIRST NATIONSNATIONS TRUSTTRUST 2007-2008 ANNUAL REPORT MESSAGE FROM THE FIRST NATIONS TRUST CHAIRPERSON A lot of water has flowed under the bridge since 1994 and the signing of the first Gaming Agreement. The establishment of the First Nations Trust, followed by the appointment of the Trustees who accepted the responsibilities of the Trust Indenture, happened in 2003. Since then the Board of Trustees has worked diligently to develop policy that ensures accountability for the beneficiaries and the Trust. The First Nations Trust is committed to providing the highest standard of service. The Trustees endeavour to maintain an open door approach ensuring that questions have answers and that assistance is there for those who request help to work with the gaming funds. A key ingredient in making our Trust team effective is the coordination and the support received from staff. We have a highly qualified professional staff providing excellent advice and research to the Trustees, which leads to sound decision-making. During the past year, the staff began focusing on proactive measures with newly elected First Nation Councils. Any new Council is welcome to request an orientation on the gaming profits distributed by the First Nations Trust and the responsibilities of the Trust. This measure in itself provides a healthy start to working relationships between the Trust and band administrators and their Councils. We have experienced positive developments with First Nations, characterized by such dialogue. The Trust team has had the satisfaction of seeing growth and development in First Nations communities, highlighted by initiatives such as the housing project at Fishing Lake First Nation, lunch programs in English River First Nation and White Bear First Nation, and many First Nations supported youth participation in the Indigenous Games. These are initiatives that the First Nations determine need attention. These decisions demonstrate the commitment the First Nations have to use the gaming funds in areas not covered by current government funding agreements. TABLE OF CONTENTS Across the province, there are many more good stories to tell. Message from the First Nations Trust Chairperson 1 The Ministry of First Nations and Métis Relations agrees. Together, we are planning to develop strategies to tell these Year-End Highlights 2 good stories and to encourage First Nations to continue creating First Nations Determined Initiatives 4 windfalls for themselves with their disbursements from gaming North: Map and Population 13 profits. Central: Map and Population 14 South: Map and Population 15 We thank the First Nations of Saskatchewan, who through their Designated Allocations 16 leaders have given us the opportunity to serve in this rewarding role with the First Nations Trust. The FNT Board of Trustees & Management 18 The Trust & Trustees 20 Respectfully, Establishing the First Nations Trust 22 First Nations Determined Use of First Nations Trust 24 Harry J. Lafond, B.A., B.Ed., M.Ed. Funds Chairman, Board of Trustees Financial Statements 27 First Nations Trust Cover: Soccer Player, Shoal Lake Cree Nation Asimakaniseekan Askiy Reserve Photo Credit: M. Dinwoodie FIRST NATIONS TRUST 1 2007-08 YEAR-END HIGHLIGHTS The Board of Trustees of the First Nations Trust There was a substantial increase in net profits wishes to draw the attention of the Trust to the First Nations Trust in 2007-2008. The beneficiaries to several financial and operational increase in net profits from last fiscal year to this matters. fiscal year was $7,153,080. This was the result of the profit growth of the First Nation run casinos. NET PROFITS In 2007-2008, monies were received from the REPORTING net profits of casinos operated by the The beneficiaries of the Trust must report to Saskatchewan Indian Gaming Authority and the the First Nations Trust each fiscal year. This provincial Saskatchewan Gaming Corporation. fiscal year each beneficiary provided the First An agreed upon portion of these net profits were Nations Trust with an Auditor's Report of financial remitted quarterly to the First Nations Trust by information, along with supporting Schedules the Saskatchewan Ministry of First Nations and outlining how the funds received from the Trust Métis Relations. In addition, one adjustment were used. Each Auditor's Report expresses an payment was made to "correct" the difference opinion as to whether the expenditure of funds between the estimated net profit that was paid distributed by the Trust is in compliance with out and the actual net profit of the casinos. section 5.01 of the Trust Indenture. FIRST NATION CASINOS: During 2007-2008, 2007 AMENDING AGREEMENT HIGHLIGHTS the casinos operating under the From the annual net profits of SIGA run casinos, Saskatchewan Indian Gaming Authority the 2007 Amending Agreement includes contributed 50 per cent of the net profits of the provisions for revenue sharing amendments. casinos listed below. Bear Claw Casino The annual designated amount Dakota Dunes Casino commencing this fiscal year increased to Gold Eagle Casino $2.25 million for the First Nations Addiction Northern Lights Casino and Rehabilitation Foundation (FNARF). Painted Hand Casino "$250,000 shall be allocated to the FSIN through the First Nations Trust, for funding GOVERNMENT CASINOS: Casinos operated by of the FSIN's gaming activities" for the next the Saskatchewan Gaming Corporation five years. contributed 25 per cent of the net profits from 50 per cent of the remaining net profits of the following two government casinos: SIGA casinos are to be distributed to the Casino Moose Jaw First Nations Trust. Casino Regina TREATY RIGHTS PROTECTION FUND During 2007-2008, the net profit contribution to This fiscal year, the First Nations Treaty Rights the First Nations Trust from these seven casinos Protection Fund received a population-based in Saskatchewan amounted to: designated allocation of $620,193 from the First Nations Trust. $ 6,096,701 1st Quarter June 30, 2007 $ 8,639,143 2nd Quarter October 1, 2007 $ 7,385,423 3rd Quarter December 21, 2007 $12,729,344 4th Quarter March 30, 2008 $ 601,651 Adjustment December 21, 2007 $ 35,452,262 Total 2 FIRST NATIONS TRUST FIRST NATIONS DETERMINED INITIATIVES Development & Operation of Recreational Facilities Birch Narrows First Nation BIRCH NARROWS FIRST NATION has invested extensively in recreational facilities, community services, infrastructure, and both economic and capacity development with the assistance of funds distributed by the First Nations Trust. The on-reserve population at Birch Narrows is relatively small at 627 people, but the need for local services is large. The First Nation has several initiatives that will make a difference. For example, the First Nation took over the Turnor Lake Provincial School and now owns the local Northern Store. These shifts in control open up new opportunities for change. The Birch Narrows Store has taken control by stocking shelves with healthier foods, including foods that are better for diabetics. Ownership and control of the school provides the opportunity to revitalize language retention and local history knowledge – these changes can help meet the needs of the community. Like most reserves, there are major concerns about livelihood. Currently, prospects for employment are beginning to open up to the west of Birch Narrows. In anticipation of opportunities, on-reserve programs for capacity building are underway, including Job Readiness, Driver Education and Life Skills Training. The Birch Narrows Elders' are active in the community and vigilant about changes to the environment. Mapping and recording the environmental history of their traditional territory is one Elder project underway. Their lifelong relationship with the land is just one reason they are holding meetings at the Birch Narrows Lodge. The Lodge is a development 4 FIRST NATIONS TRUST FIRST NATIONS DETERMINED INITIATIVES Development & Operation of Recreational Facilities Birch Narrows First Nation ...cont’d conceived by the community, developed with First Nations Trust monies, and is wholly owned by the Birch Narrows First Nation. It is located in an isolated area of their traditional hunting, fishing and trapping lands. Built with logs, furnished with handmade furniture, it is an idyllic setting for their discussions about the impact of current resource exploration on their community. Other concerns of the Birch Narrows Elders' include the continuing loss of language, knowledge and history, affected by the passing of every member of their Elders' community. Other developments that have occurred at Birch Narrows provide for both young and old, and follow the tradition of inclusiveness. Two recreation directors and student assistants, have been hired; this is possible because of funds from the First Nations Trust. The roster of events routinely goes to the Chief and Council for approval. Everyone is welcome to participate from both the Hamlet of Turnor Lake and the Birch Narrows First Nation membership. FIRST NATIONS TRUST 5 FIRST NATIONS DETERMINED INITIATIVES Senior & Youth Programs Canoe Lake First Nation Fifty Elders are able to stay cozy and warm in their own homes through the winter at Canoe Lake because they have their fuel costs paid out of a program their First Nation developed with the gaming profits distributed by the First Nations Trust. The Elder-at- Home program covers the heating expenses for their homes for seven months of the year, as well as power and utilities for the entire year. This past winter $120,000 was spent by the Canoe Lake First Nation on fuel costs for their Elders and a fuel supplement for single parents. Canoe Lake First Nation has kept its focus on their people; community members receive assistance to bring home family members who live away due to special care needs. It means that visits to the reserve are possible for people who would not be able to come home otherwise. All these journeys are very meaningful and keep everyone in touch with family, friends and changes going on in the community.
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