Updated May 2024
In 2022, Musqueam passed our own Financial Administration Law. Prior to this, Musqueam was governed by the First Nations Financial Transparency Act, which applied to all First Nations/Indian Bands in Canada.
Under both laws, Musqueam is required to undergo an annual audit by an independent third-party. Musqueam’s audit includes a thorough review of financial operations, assets, cash flow, surplus, and overall financial position.
Once complete, the audit is reviewed and recommended to Musqueam Chief & Council by Musqueam’s Finance & Administration Committee. The final step is to present the audit to membership and post on our website.
