How involved is the Squamish Nation in financial decisions made by Nch’ḵay̓?

Nch’ḵay̓ and the Squamish Nation have a strong governance structure in place to ensure close alignment between the Nation and its economic development arm, particularly around financial decision-making. Each year, the Squamish Nation Council reviews and approves Nch’ḵay̓’s annual budget, which is presented along with a detailed plan of activities for the coming year. Before our budget goes to Council, it is first reviewed and approved by Nch’ḵay̓’s Chief Executive Officer and Chief Financial Officer, then Nch’ḵay̓’s Finance and Audit Committee of the Board, and finally, by Nch’ḵay̓’s Board of Directors. Annual planning is done in accordance with the mandate laid out by Council, as well as Nch’ḵay̓’s policies and strategic objectives.

Any significant decisions—financial or otherwise—that were not already captured in the approved plan and budget are presented to the Nch’ḵay̓ Board, and subsequently to Council, for approval.

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