Stoney Nation puts financial house in order
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The Stoney tribal administration for the Bearspaw, Chiniki and Wesley bands has been chafing under a third-party management system imposed on them by the Department of Indian Affairs in 1997 because of a financial deficit ($5.6 million against total revenues of $50 million) and concern about the provision of basic services to tribal members. Now that the Stoneys are showing a budget surplus for the second fiscal year in a row and have put financial and human resources policies in place, federal removal of the management firm Price Waterhouse Coopers Inc. is imminent.