PO-2328

On June 9, 2000, the Province of Ontario, as represented by the Attorney General and Minister Responsible for Native Affairs, entered into an agreement titled “Casino Rama Revenue Agreement” (the Agreement). The other parties to the agreement are the Ontario Lottery and Gaming Corporation (OLGC), Ontario First Nations Limited Partnership (OFN) and Mnjikaning First Nation Limited Partnership (MFN).

Article 4 of the Agreement, headed “First Nations Reporting” contains a number of provisions, including requirements for MFN and various organizations receiving revenue under the terms of the Agreement to provide annual audited financial statements to OFN, and for OFN to in turn report to the Province. The OFN report must include a consolidation of various individual reports, as well as audited financial statements for OFN itself. The Agreement contains scheduled forms to be used for these reporting exercises.

The Agreement also provides for the appointment of an accountant called the “Joint Appointee”, agreed upon jointly by the Province and OFN, who is provided with the various reports and given authority to conduct investigations to determine whether the parties to the Agreement are living up to their contractual responsibilities, and to report on an annual basis to all signatories to the Agreement.

OFN and MFN are given authority under the Agreement to develop policies and procedures setting out expenses that can be charged by organizations against revenue generated under the terms of the Agreement, subject to approval by the Province.

• FIPPA