Glooscap is the 2nd in Nova Scotia to receive Financial Management System
Certification
Hantsport, NS – Glooscap First Nation is a Mi’kmaw community with its reserve located approximately seven kilometers from the community of Hantsport in the province of Nova Scotia.
In November 2019, the Nation received their Financial Management System (FMS) Certificate from the First Nations Financial Management Board (FMB), making it the second Nation in Nova Scotia to achieve this coveted certification.
Glooscap First Nation is a small rural Mi’kmaw community located in Nova Scotia’s Annapolis Valley. Over the past six years, the Chief and Council of Glooscap First Nation have focused their attention on improving administrative and financial operations and developing responsible and sustainable economic development. The Nation actively participates in the retail sector (Glooscap Landing along Nova Scotia’s Highway 101), the commercial lobster fishery, and renewable energy. In 2014, Glooscap First Nation established a social enterprise, Glooscap Ventures, to develop profit and employment opportunities that would bring jobs and revenue back to the community for programs and services.
As part of this journey, Glooscap First Nation developed a Financial Administration Law (FAL) and received a Financial Performance Certificate in 2017 that allowed the Nation to become a borrowing member of the First Nations Finance Authority. ...