2-2999
Ottawa, Ontario (February 29, 2008) - The Honourable Chuck Strahl, Minister of Indian Affairs and Northern Development and Federal Interlocutor for Métis and Non-Status Indians announced today the reappointments of Mr. Barrie Robb and Mr. Gary Nott to the Board of Directors of the First Nations Financial Management Board (FMB).
"I am pleased these individuals have agreed to continue working with the Board," Minister Strahl said. "They've been an asset to the FMB, I look forward to their further contributions."
The FMB has two primary functions. First, it certifies financial management systems, practices and standards of First Nations that have chosen to borrow against their property tax revenues. Second, for all other First Nations, it provides, on request, services relating to financial management, reporting and standards development.
The FMB is one of the four institutions created through the First Nations Fiscal and Statistical Management Act, which came into force on April 1, 2006. Led by First Nations, the Act established an institutional framework to provide First Nation governments with the practical tools available to other levels of government for modern fiscal and statistical management. The institutions will enable First Nations the opportunity to participate more actively in the Canadian economy.
The appointments will be for three year terms, effective April 30, 2008.
Biography - Mr. Barrie Robb
Biography - Gary F. Nott
For further information please contact:
Media Relations
Indian and Northern Affairs Canada
819-953-1160
First Nations Financial Management Board
604-925-6665
