Fiscal Management

Running a First Nation requires expertise and knowledge in a wide range of areas beyond the development of budgets. As the federal government opens up Funding Arrangements to allow for more discretionary distribution of funds, First Nation management have to become more than managers of funds, but long-term strategists for the fiscal realities of their communities. Chignecto provides the following services:

  •  Technical Advice on Remedial Management Plans (RMPs) and Funding Arrangements
  • Budget Development
  • Co-Management

Examples of our work include:
Chignecto sits on the Innu Main Table to negotiate funding equivalency and a fair A-Base for devolution of programs on behalf of the Innu of Labrador. (2001 – Ongoing)

 
First Nations Fiscal Planning Calendar. Chignecto led the development of the First Nation Fiscal Planning Calendar (www.fnfp.ca) in partnership with Metepenagiag First Nation, Deloitte and Touche, INAC and SGCI. (2000)

 
Fiscal Remediation Plan for the Sheshatshiu Innu Band Council (2002). The plan led to removal of intervention and creation of internal financial capacity.

 
Financial Policy for the Sheshatshiu Innu Band Council. (2000)

 
In partnership with Deloitte and Touche, Chignecto was co-manager of EskasoniFirst Nation (1996-1998)