The Peguis Surrender Claim Trust will hold its annual general meetings for community members on May 29 and May 30, 2026. The sessions provide an opportunity for the community to review the trust’s financial performance and receive updates on its operations.
As of December 31, 2024, the trust managed a net asset balance of $154,613,101. During the 2024 fiscal year, the trust holdings earned a 10.08% return. Since its inception, the trust has cumulatively paid out $33,642,387 to support community projects for the Peguis First Nation, which is the largest First Nation community in Manitoba.
The trust is managed through a structure involving Financial Trustees, Community Fund Trustees, and a corporate partner, TD Indigenous Trust Services. Following a three-year period without a quorum that hindered the approval of new projects, the trust restored its full operational capacity in January 2025 with the election of three new Community Fund Trustees. Currently, there remain three vacancies for Financial Trustees that are awaiting future elections.
According to the 2024 annual report, the trust’s operating expenses reached $1,356,156 last year, accounting for 1% of the total trust value. The organization also maintains a $40 million line of credit, which has held a zero balance since 2021.
