Ref. #2-3554
Ottawa, Ontario (October 12, 2011) – The Honorable John Duncan, Minister of Aboriginal Affairs and Northern Development, announced today the appointment of Colonel Thomas Lawson to the Board of Directors of the First Nations Financial Management Board (FNFMB).
“I am pleased that Colonel Lawson has agreed to work with the FNFMB as the Board's work plays an important part in ensuring more First Nation participation in the economy,” Minister Duncan said.
The FNFMB has two primary functions. First, it certifies financial management systems, practices and standards of First Nations that have chosen to borrow against their taxation revenues. Second, for all other First Nations, it provides, on request, services relating to financial management, reporting and standards development.
The FNFMB 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 FNFSMA 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 to participate more actively in the Canadian economy.
The appointment of Colonel Lawson is for a five-year term.
For more information, please contact:
Minister's Office
Moira Wolstenholme
Press Secretary
Office of the Honourable John Duncan
819-997-0002
Media Relations
Aboriginal Affairs and Northern Development Canada
819-953-1160
