New Fiscal Initiatives With First Nations

Indigenous Services Canada falls short in transforming fiscal relationship with First Nations

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Report metadata

Tabling date:
Audited entities:
Indigenous Services Canada
Topics:
Indigenous Affairs
Business and industry
Report type
Auditor General reports

At a glance

Overall, Indigenous Services Canada did not effectively implement, monitor, or assess the New Fiscal Relationship initiatives it committed to with First Nations. The Government of Canada and the Assembly of First Nations agreed in 2016 to establish the initiatives to advance First Nations’ right to self‑determination and support efforts to close persistent socio‑economic gaps between First Nations and other Canadians.

Two of the commitments under the New Fiscal Relationship have not been met. First, the Default Prevention and Management Policy was not replaced with a new policy focusing on First Nations’ capacity development to prevent financial default. Second, a mutual accountability framework between First Nations, their citizens, and the federal government was not created. Such a framework was intended to strengthen accountability to First Nations citizens while establishing mutual accountability between Indigenous Services Canada and First Nations for commitments made and results achieved.

By the end of the 2024–25 fiscal year, the department had provided more than $6.5 billion in funding to First Nations through 10‑year grants—a key commitment of the new fiscal initiatives. A main objective of the grants is to provide long‑term, predictable, and flexible funding for First Nations.

To remain eligible to receive payments under the 10‑year grants, recipients must meet certain financial performance measures. The First Nations Financial Management Board supports the department in assessing these measures by producing monitoring reports based on an examination of each grant recipient’s audited financial statements. We found that only 39% of the grant recipients’ files we examined had the required monitoring report for all fiscal years. This reflects broader resourcing and access challenges, such as limited financial capacity and difficulties securing auditors.

We also found that Indigenous Services Canada did not assess whether the 10‑year grants were helping to address the disparities and inequities between First Nations and other Canadians and contributing to the new fiscal initiatives’ objective to advance First Nations’ right to self‑determination.

Key facts and findings

  • In 2016, the federal government and the Assembly of First Nations agreed to provide more long‑term and predictable funding to First Nations. The intent was to move away from the past approach where funding was applied for and allocated for specific programs individually.
  • As of September 2025, there were 191 First Nations, tribal councils, First Nations health authorities, and First Nations education authorities receiving funding through the 10‑year grants. All recipients that received a grant were eligible, and we found that payments aligned with the initial or adjusted payment schedules.

Why we did this audit

  • One of the commitments of the new fiscal initiatives was to create 10‑year grants to provide predictable and flexible funding to First Nations so they can better plan for the long‑term and have more flexibility on how funds are allocated to improve outcomes for their citizens.
  • Sufficient data and analysis are required by Indigenous Services Canada to determine whether the 10‑year grants are contributing to the new fiscal initiatives’ objectives to advance First Nations’ self‑determination and help close the socio‑economic gaps between First Nations and other Canadians

Highlights of our recommendations

  • Indigenous Services Canada should provide additional support to First Nations, including 10‑year grant recipients, to increase their administrative and financial capacity to prepare financial statements.
  • Indigenous Services Canada should leverage relevant data it collects from 10‑year grant recipients to measure, assess, and annually report on the extent to which the grant contributes to closing the socio‑economic gaps between First Nations receiving the grant and other Canadians.

Please see the full report to read our complete findings, analysis, recommendations and the audited organizations’ responses.

Exhibit Highlights

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2026-05-04