səlilwətaɬ | Tsleil-Waututh Nation
The Tsleil-Waututh Nation, meaning 'People of the Inlet', is an Indigenous community located in North Vancouver, BC, with a rich cultural history and strong connection to their traditional territories.
Overview
Last Updated 2026-03-29 17:20:09 UTCBand Council
JUSTIN GEORGE
Chief
KALILA GEORGE-WILSON
Councillor
NICHOLAS KOFI
Councillor
JAMES SANDOVER
Councillor
CURTIS THOMAS
Councillor
DEANNA GEORGE
Councillor
Administrative Contacts
Financial Overview
TSLEIL-WAUTUTH NATION FINANCIAL SUMMARY
Fiscal Year 2024-2025 (Ending March 31, 2025)
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DISCLAIMER: This financial summary was generated using artificial intelligence
based on publicly available audited financial statements and has been reviewed
by a human analyst. While care has been taken to ensure accuracy, users should
verify critical information against the original audited financial statements
prepared by Reid Hurst Nagy Inc.
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EXECUTIVE SUMMARY
Tsleil-Waututh Nation achieved revenue of $137,808,309, an increase of 163%
from the prior year, driven primarily by $84,176,129 in equity earnings from
business partnerships. The Nation recorded an annual surplus of $91,095,774, up
661% from prior year, with accumulated surplus reaching $330,564,155. Net
financial assets increased 39% to $243,891,361. Cash decreased to $13,996,038
from $51,884,890 while long-term debt increased to $10,565,955. The Nation
demonstrated significant revenue diversification with self-generated revenue
comprising 96% of total revenue and business entity profits representing 61% of
total revenue. The operating margin stood at 66%, reflecting a strengthened
financial position with substantial growth in business investments.
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FINANCIAL POSITION
Total Assets: $316,452,206
- Financial Assets: $280,301,292 (includes Cash: $13,996,038)
- Tangible Capital Assets: $92,425,752
- Prepaid Expenses: $724,662
Total Liabilities: $36,409,931
- Long-term Debt: $10,565,955
- Accounts Payable: $10,453,090
- Deferred Revenue: $14,493,962
Net Financial Assets: $243,891,361 (up 39% from prior year)
Accumulated Surplus: $330,564,155 (up 38% from prior year)
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REVENUE & OPERATIONS
Total Revenue: $137,808,309 (up 163% from prior year)
Major Revenue Sources:
- Business Entity Equity Earnings: $84,176,129 (61.1%)
- Property Tax: $6,943,618 (5.0%)
- Indigenous Services Canada: $5,943,464 (4.3%)
- Province of BC: $5,886,291 (4.3%)
- Government of Canada: $5,402,359 (3.9%)
- First Nations Goods and Services Tax: $3,838,516 (2.8%)
- Interest Income: $2,214,053 (1.6%)
- First Nations Health Authority: $1,866,249 (1.4%)
- Investment Revenue: $1,702,507 (1.2%)
- Other: $19,835,123 (14.4%)
Total Expenditures: $46,712,535 (up 16% from prior year)
Major Program Expenditures:
- Administration: $12,890,673 (27.6%)
- Treaty, Lands and Resources: $12,269,460 (26.3%)
- Community Development - Education: $5,648,275 (12.1%)
- Public Works: $5,472,789 (11.7%)
- Health: $4,020,018 (8.6%)
- Capital Fund: $2,931,426 (6.3%)
- Community Development - Social Assistance: $1,676,124 (3.6%)
- Other: $1,803,770 (3.8%)
Annual Surplus: $91,095,774 (up 661% from prior year)
Operating Margin: 66.1%
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KEY FINANCIAL METRICS
- Financial Assets to Liabilities Ratio: 7.7:1
- Debt-to-Assets Ratio: 3.3%
- Self-Generated Revenue: 96% of total
- Cash Reserves: 3.6 months of operating expenses
- Business Entity Profits: $84,176,129 from partnerships
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CHIEF & COUNCIL REMUNERATION
Name Position Remuneration Expenses Total
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Jennifer Thomas Chief $152,258 $1,997 $154,255
Kevin O'neil Councillor $139,144 $4,613 $143,757
Liana Martin Councillor $139,326 $1,201 $140,527
Deanna George Councillor $119,645 $1,298 $120,943
Charlene Aleck Councillor $91,666 $3,343 $95,009
Dennis Thomas Councillor $42,300 $567 $42,867
Curtis Thomas Councillor $35,250 $895 $36,145
Total Governance Compensation: $733,503 (0.5% of total revenue)
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Source: Audited consolidated financial statements, Reid Hurst Nagy Inc.,
July 29, 2025
Band Financial Statements
Band Council Remuneration
Band Owned Corporations
No Content Available
Laws, Bylaws, and Codes
Intergovernmental Agreements
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Reserves
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ISC Code: 7905
INLAILAWATASH 4A
2.0 Hectares
NEW WESTMINSTER DIST.PT OF LOT 819,C.G. R BANK OF INDIAN RIVER 1/2 MILE N. OF MOUTH OF INDIAN ARM OF BURRARD INLET
[22.2834866, 81.6665149] -
ISC Code: 7904
INLAILAWATASH 4
0.5 Hectares
NEW WESTMINSTER DIST, IN SECS. 15 & 16, TP.6,R.7.W.7M, AT MOUTH OF INDIAN RIVER HEAD OF INDIAN ARM OF BURRARD INLET
[nil, nil] -
ISC Code: 7903
BURRARD INLET 3
109.7 Hectares
NEW WESTMINSTER DIST. ON SOUTH SHORE OF BURRARD INLET NORTH OF BERRY POINT
[49.3104415, -122.9787679]
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