Algonquin Treaty Negotiation Funding Trust
Financial Statements
For the year ended 31 March 2015
Audited by Wilfred J. Lamb, Chartered Professional Accountant
Highlights:
- Current cumulative deficit $20,480,509
- Amount of debt accumulated in last year $2,307,126
- Loan Payable to INAC*: $20,832,356
*Loans will be interest free until the earliest of:
1) The date such advances become due 31 March 2023;
2) The actual claim settlement date;
3) The date of demand by the Minister in event of a default having occured.
Full report (14 pages): http://ottawa.mediacoop.ca/sites/mediacoop.ca/files2/mc/algonquinsofontario-finances-endmar2015.pdf
(Unknown author of blue notes in margin and highlighting)
