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Show the members the figures

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Nunavut stands fully covered: its own filings and guidance stand in the books beside the federal ones.

The directors approve the statements, and the members see them at the annual meeting — including what directors were paid.

Every year the society holds its annual general meeting in Nunavut, and the members are shown an annual financial statement — a balance sheet, the receipts and disbursements since incorporation or the last statement, and anything further the by-laws require — signed by the auditor, or by two directors where there is no auditor. Binds: Nunavut societies (Societies Act, R.S.N.W.T. 1988, c. S-11).

The law’s own words

“Every society shall hold an annual general meeting in Nunavut at which shall be presented an annual financial statement signed by the auditor of the society or by two directors if there is no auditor”

Societies Act (Nunavut), s. 17 · Read it at Nunavut Legislation · Verified 2026-11-11

“the assets and liabilities of the society in the form of a balance sheet”

Societies Act (Nunavut), s. 17 · Read it at Nunavut Legislation · Verified 2026-11-11

“any further information that the bylaws may require”

Societies Act (Nunavut), s. 17 · Read it at Nunavut Legislation · Verified 2026-11-11

Nunavut Societies Act, section 17

"Every society shall hold an annual general meeting in Nunavut at which shall be presented an annual financial statement signed by the auditor of the society or by two directors if there is no auditor and containing (a) the assets and liabilities of the society in the form of a balance sheet; (b) the receipts and disbursements of the society since the date of incorporation or the date of the previous financial statement; and (c) any further information that the by-laws may require."

Source: Government of Nunavut — Societies Act, R.S.N.W.T. 1988, c. S-11, s. 17 · Checked 2026-11-11