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First Nations Fiscal Management Act | Firedoglake

5.7.14

From PR Newswire | Firedoglake: The First Nations Fiscal Management Act (FNFMA) which came into force on April 1, 2006, established the FNFA, a non-profit corporation, to provide First Nations governments with financing, investment and advisory services, as well as financial instruments to help build their futures.

Currently, 124 First Nations have chosen to participate in the FNFMA regime, which also provides tools to help strengthen real property taxation systems on reserve through the First Nation Tax Commission and strengthen financial management systems on reserve through the First Nations Financial Management Board.


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