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You are here: Home1 / Directorates2 / Finance

Finance

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Welcome

The Listuguj Mi’gmaq Government’s Finance Directorate provides financial services to all LMG Directorates. The Finance Directorate’s mandate is:

• To provide day-to-day oversight and control of financial transactions and ensure those transactions are recorded in the financial records of LMG.
• To ensure expenditures are only processed in accordance with Chief and Council approved encumbrances (approved spending.)
• To manage custody of LMG financial resources, to monitor bank account activities and ensure adequate internal controls are employed to protect LMG from the risk of theft or fraud.
• To provide timely financial reporting of activities to the CEO, Finance and Audit Committee, Chief and Council and the community.
• Ensure audited statements are prepared in accordance with the Canadian generally accepted accounting principles for governments outlined in the Public Sector Accounting Board (PSAB) of CPA Canada.
• To provide business and financial advice to the Directorates and Chief and Council upon request.

LMG annual revenue and expenditures from Program funding and Own-Source Revenue activities total more than $70 million dollars annually. Subject to the magnitude and number of construction projects in Listuguj the LMG Finance Directorate processes on average $1.5 – $2.0 million dollars per week in revenue and expenditures. The majority of LMG expenditures are processed for and on behalf of Listuguj employees, local vendors, contractors, and businesses in the immediate area. This financial activity provides much of the economic lifeblood for the community. LMG Finance employees understand the importance of ensuring transactions are processed in a timely manner to facilitate these activities.

There are approximately 400 full-time, part-time, seasonal, contract and temporary employees at the LMG. However, over the year with seasonal and project work, the LMG employs as many as 750 people annually. Seasonal employment peaks in the spring, summer and fall primarily in Administration, Capital & Infrastructure and Natural Resources. As well, the LMG provides seasonal employment for many students. Annual wages paid by LMG exceeds $24 million.

We encourage you to visit our site and if you have questions or comments, please send us an e-mail.

Wela’lioq
David Fox
Director of Finance

Financial Administration By-law

The Financial Administration By-law is a by-law to regulate the management and control of funds and establish the financial administrative structure of the Listuguj Mi’gmaq Government

Click Here for the Official Financial Administration By-law

Financial Statements

Audited Financial Statements

Listuguj Mi’gmaq Government Financial Statements are prepared by Allen, Paquet & Arseneau LLP (Chartered Accountants).
Here are the financial statements in chronological order:

Click here for the year ending March 31, 2024 (Section 95)

Click here for Year Ending March 31, 2024

Click here for Year Ending March 31, 2023 (Section 95)

Click Here for Year Ending March 31, 2023

Click Here for Year Ending March 31, 2022 (Section 95)

Click Here for Year Ending March 31, 2022 

Click Here For Year Ending March 31, 2021 (Section 95)

Click Here For Year Ending March 31, 2021

Click Here For Year Ending March 31, 2020 (Section 95)

Click Here For Year Ending March 31, 2020

Click Here For Year Ending March 31, 2019 (Section 95)

Click Here For Year Ending March 31, 2019

Click Here For Year Ending March 31, 2018 (Section 95)

Click Here For Year Ending March 31, 2018

Click Here For Year Ending March 31, 2017 (Section 95)

Click Here For Year Ending March 31, 2017

Click Here For Year Ending March 31, 2016

Click Here For Year Ending March 31, 2015

Click Here For Year Ending March 31, 2014

Click Here For Year Ending March 31, 2013

Click Here For Year Ending March 31, 2012

Click Here For Year Ending March 31, 2011

Contact Us

17 Riverside Drive West
Listuguj, Quebec

Phone: (418) 788-2136
Fax: (418) 788- 2058

This post is also available in: French

Listuguj

Contact Us

17 Riverside-Drive West,
Listuguj, Quebec

(418) 788-2136
(418) 788-2058

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