Lac La Ronge’s Kitsaki sees revenue growth, increasing number of employees
The 2023 Annual Impact Report from Kitsaki Management Limited Partnership shows consolidated revenues grew from $140 million in 2020 to $180 million in 2023.
Kitsaki, which is the economic arm of the Lac La Ronge Indian Band (LLRIB), had 1,300 full-time employees as of March 2023 under 11 different companies. They, on average, earned more than $70 million in annual revenue and made approximately $12 million in profits.
Since 2021, the LLRIB has funneled $12 million in profits to community distributions.
“This is where we do our emergency funds from, too, is from our Kitsaki division, so we are able to provide assistance to our band members, whether it’s for a medical emergency, family emergencies, funerals, or any emergencies the band members have,” Tammy Cook-Searson, LLRIB chief and Kitsaki chairperson.