A Federal Court judge has ruled that Indigenous Services Canada (ISC) must supply financial records concerning Frog Lake First Nation to a band member who says he is concerned about management of the band’s trust funds.

Frog Lake member Hans McCarthy said he first raised concerns about a decade ago about how the nation’s federal trust funds — money intended for use and benefit of the community held in trust by the federal government — were being used.

Financial statements from the First Nation, located about 200 kilometres east of Edmonton, showed over $100 million in federal trust funds in 2014. However, by 2024, financial statements showed $8.6 million in trust funds.

“We we need transparency in our community because we can't keep losing money like this,” McCarthy said.

McCar

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