Chief Joe Buckell and Councillors Pat Tangie, Myrtle Swanson, Bill Swanson,
Irene Armstrong, Don Humphries and Linda Peterson hosted the Annual
Membership Meeting in Sault Ste Marie at the Delta Waterfront Inn. The
meeting opened with a prayer offering by Councillor Pat Tangie. The Chief’s
opening remarks included a report on population numbers which are at 1077,
interests in the mining and forestry industries along with a brief report on
other areas of interest for the First Nation and a reminder that there was
an upcoming election in March 2015.
Although Membership turnout was lower than in previous years, those who
attended were provided with a presentation of the Audited Financial
Statements for the year ended March 31, 2014 by George Trevisan of BDO who
went over the Financial Statements in detail indicating that MFN once again
received an unqualified opinion which meant that there was strong financial
management along with a commendation from Aboriginal Affairs.
TD Waterhouse Corporate Trustee and Investment Counsellors, Domenic Natale,
Heather Richardson and Mike McCauley went over the earnings reports for 2013
for the Boundary Claim Settlement Trust of $30,000,000 plus and because of
the strong earnings year in unrealized capital gains, MFN is able to pay off
the funds borrowed from Capital of $2,000,000 which was used for the Better
Living Policy top up for the past five years, which was exciting and
positive news for the membership.
After a short break, Prodigy Gold’s CEO Curtis Turner and Michelle Tanguay
gave a presentation and update on the Magino Mine Gold Mining project and
their obligation to consult with Aboriginal communities affected, and their
relationship with MFN and its interests in the project.
At the end of the meeting door prizes were drawn. MFN has posted another
year ending in strong financial management and interests in projects in the
mining and forestry industries. The Chief closed the meeting with a prayer
as all in attendance held hands in circle.