syétsem tl’a syel̓ánem (Annual Report) 2024/5    |    Members Only

syétsem tl’a syel̓ánem (Annual Report) 2024/5 | Members Only

syétsem tl’a syel̓ánem (Annual Report) 2024/5

Sḵwx̱wú7mesh Úxwumixw (Squamish Nation) would like to respectfully share the 2024/25 Annual Report with Sḵwx̱wú7mesh People. 

This report shares the Nation’s audited financial statements and performance results for the period April 1, 2024 to March 31, 2025. 

As part of our commitment to strengthening trust, Members are invited to review the full Annual Report ahead of the Annual General Meeting (AGM). View it online below (Members Only login), or copies are currently available for pick up at CJMC or Totem Hall. The report will be presented at the AGM on November 16, and made public on November 17.

Chet wa wanáxwstumiyap (we respect you all). 

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Year in Review

This past year marked an important milestone with the launch of Úxwumixw 2050: Sḵwx̱wú7mesh Generational Plan. In November 2024, the Sḵwx̱wú7mesh Úxwumixw (Squamish Nation) proudly revealed this 25-year vision, created by and for our People. This 25-year plan will guide the social, economic, cultural, and environmental development of the next generation. It recognizes that every Member has a role and responsibility in shaping our shared future—as individuals, families, communities, and as a government.

Our budgeting decisions reflect our shared values. Guided by Úxwumixw 2050, the Council Strategic Plan, and the voices of our community, we are investing in the priorities that matter most. Housing continues to lead the way. Through the Hiy̓ám̓ ta Sḵwx̱wú7mesh Housing Society, we will be breaking ground on another 200 units of deeply affordable housing for Squamish People. On the Sen̓áḵw lands, we have reached an exciting milestone with the first families set to move into this highly sustainable, mixed-use community next year. We are bringing our People home.

Looking ahead to the next 25 years, the collective voice of the Sḵwx̱wú7mesh People has identified four guiding feelings at the heart of what matters most: trust, security, purpose, and belonging. These values will continue to guide our planning, decision-making, and policies.

We raise our hands to our People today, to those who came before us, and to the generations yet to come. 

Tessa Antone at Amalgamation Day, Chief Joe Mathias Centre Photo credit: Lauren Hutchison, Nch’ḵay̓ Development

Financial & Performance Highlights

syétsem tl’a syelánm (Annual Report) is a document that is prepared under the Squamish Nation Financial Administration Law 2022 and includes information on the Nation’s operational and financial performance for the previous fiscal year.

73%
of our revenue is Own Source (Nation generated income)
27%
of our revenue is government transfers
$175.2m
total revenue
$142m
total expenses
40
of 76 Strategic Objectives completed from the 2026 Strategic Plan
$33.3m
total surplus, of which a large portion of this is set aside to implement projects from the 2026 Strategic Plan over the next five years