Sturgeon Lake Development

About Us

Mission

“To create business opportunities that will generate wealth for Sturgeon Lake First Nation.”

Vision Statement

“To create sustainable business opportunities which will benefit all Sturgeon Lake First Nation Band Members.”

History

2009

Timber Rights taken away by Canada

Cash Settlement ($4.5 M) to restore economic justice; put in Trust for future economic development

Chief and Council appoint an “Economic Development Advisory Committee”; and directed them to prepare a long-term Plan

Committee recommended a corporate structure, Sturgeon Lake Developments Ltd. (SLDL) and Sturgeon Lake Limited Partnership

Board of Directors appointed by Chief and Council of First Nation, as recommended by committee

2009

SLDL made 3 major acquisitions:

  • Acquired from Prince Albert Development Corp. the John E. McDonald Building, renamed the Sturgeon Lake Office Complex. Building has 30,000 square feet of rentable office space
  • Purchased 33.6% shares into Glenmor industries
  • Purchased 10% shares into Double Diamond Industries

Organization Structure


The Sturgeon Lake Limited Partnership was established between the Sturgeon Lake Indian Band and an incorporated company – Sturgeon Lake Developments Ltd. In 2009.  The legal arrangements are:

  • Sturgeon Lake Indian Band (First Nation) – holding 99.99% of the shares in the Limited Partnership – the shares are held in trust on behalf of the membership by the incumbent Chief and Council. The Band is not involved in managing the day-to-day operations of the Partnership.
  • Sturgeon Lake Developments Ltd. – operates/manages all the Partnership businesses.
  • The Limited Partnership is legally structured by way of a “Partnership Agreement”.

SLFN Shareholder Information:

  • Population:-2,273 members; approximately one half of whom live on Sturgeon Lake Reserve 101. Most the off-reserve members reside in Prince Albert and Saskatoon.
  • Available Labor Force – 50% of the total membership
  • Current Labor Force participation rate – 38.2%
  • Government: – Chief and 6 Councilors elected for 3-year terms
  • Sturgeon Lake 101 and 101A Reserves – 22,000 acres
  • Extensive Gravel and sand deposits ~ 14.1 million cubic yards tested commercial quality
  • Water – 80% ownership of Sturgeon Lake including lake bed

Treaty Land Entitlement – currently under negotiation – potential to acquire additional 3,430 shortfall acres and 38,970 equity acres or cash equivalent of $10.4 million

Board of Directors

Earl Ermine, Chair
April Roberts-Poitras, CEO
Donna Kingfisher, Director
Laurie Mc Adam, Director
Patrick Felix, Director
David Bighead, Director
Borden Wasyluk, Director
Yvonne Longjohn, Elder, Prince Albert

Shareholder Information

  • Sturgeon Lake 101 and 101A Reserves – Over 22,000 acres
  • Extensive Gravel and sand deposits ~ 14.1 million cubic yards tested commercial quality
  • Water – 80% ownership of Sturgeon Lake including lake bed
  • Treaty Land Entitlement – currently under negotiation – potential to acquire additional 3,430 shortfall acres and 38,970 equity acres or cash equivalent of $10.4 million

For more information about Sturgeon Lake First Nation, go to: www.slfn.ca