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Old 04-04-2018, 10:02 PM   #18
calgarygeologist
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Join Date: Dec 2013
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First Nations across Canada have a lot of issues but the Stoney Nakoda is horribly managed, incredibly corrupt and it is a huge shame that the reserve is in such poor condition.

I previously did some O&G work for the Nation and met with some of their leaders at that time. The economic disparity between the council members and the general population is incredible. A huge chunk of their funds routinely go unaccounted for and there are no paper trails. I believe that at one point almost 1/3 of their spending went unaccounted for and the council members spend something like $10 million on travel related expensive. At that time oil revenues were still strong and the nation was generating around $100 million per year.

I understand the desire and need for the First Nations to be independent but the system really needs an overhaul and some intervention.
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