programs, health care, education, infrastructure while developing our economic capacity. We have evolved over the last 37 years of business endeavours and managing prosperity.” The Nation is well on its way to becoming fully self-sufficient, with only 5-10% of its annual budget stemming from government sources, and the rest funded with its business income. Today, the Nation has $700 Million assets under management, with a portfolio of 18 companies that generate approximately $500Million in annual revenue. The evolution of FMFN’s business portfolio began in 1986, with the Fort McKay Group of Companies (FMGOC). Starting with a janitorial contract the Group of Companies has now grown to include five subsidiaries, servicing the surrounding oil sands clients. Recently awarded the largest contract in history by Imperial Oil to an Indigenous supplier, the Group of Companies has grown into a progressive, competitive, and well-recognized brand in the Wood Buffalo region. Councillor Bobby Shott shared, “that while it is obvious that FMFN receives financial benefits and employment opportunities from the FMGOC, what may not be clear to others is that the FMGOC is a very large employer of Indigenous people from other communities. We are employing Indigenous peoples from over 75 other First Nation and Métis communities across Canada, with an Indigenous employment rate close to 30% and 5
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