582 First Nations in Canada?

This number is news to me.  I am floored.  So many First Nations and First Nations communities in Canada? What does it all mean?  
Love the names ... tried pronouncing a few of the tongue twisters,  failed miserably.

As far as the "transparency law" goes, that's a good thing.  It's a known fact that many of those at the top in First Nations are siphoning the Govt. funds, meant for their communities, into their own private pockets. 

Susana Mas writing at CBC:
52 First Nations risk losing funding  for not complying with transparency law.
Kashechewan First Nation given more time to comply; sanctions will not target 'essential' services....

....Aboriginal Affairs Minister Bernard Valcourt said in a statement that 529 out of 582 First Nations — over 90 per cent — have met the new requirements, appearing to leave 53 that are not in compliance.....

.......In a letter obtained by CBC News and sent by Aboriginal Affairs, the government said it would consider cutting funding to essential services beginning Dec. 12. 
But in his statement today, the minister said the government would only consider cutting new or existing funding to "non-essential" programs.
"I have directed that the sanctions not target essential services that support band members," Valcourt said in a written statement Thursday afternoon.......

The 52 First Nations on the government's revised list are:

Quebec
Algonquins of Barriere Lake

Ontario
Wahta Mohawks
Weenusk First Nation
Wabauskang First Nation
Ginoogaming First Nation
Gull Bay First Nation
Whitesand First Nation
Bearskin Lake First Nation
Fort Severn First Nation
Chapleau Ojibway First Nation
Kashechewan First Nation

Manitoba
Hollow Water Band
Roseau River Anishinabe First Nation Government
Little Saskatchewan Band
Norway House Cree Nation
Ebb And Flow Band
Dakota Tipi Band
Wasagamack First Nation
Bunibonibee Cree Nation
York Factory First Nation
Fox Lake Band
Shamattawa First Nation
Nisichawayasihk Cree Nation
Northlands Band
Wuskwi Sipihk First Nation
Lake St Martin

Saskatchewan
Onion Lake Cree Nation
Poundmaker Band
Thunderchild
Peter Ballantyne Cree Nation
Cowessess Band
Ochapowace Band
Fishing Lake First Nation Band
Ministikwan Lake Cree Nation
English River First Nation Band

Alberta
Sawridge Band
Athabasca Chipewyan First Nation
Cold Lake First Nations Band

British Columbia
Skatin Nations
New Westminster Indian Band
Semiahmoo Indian Band
Chawathil Indian Band
Popkum Indian Band
Peters Indian Band
Takla Lake First Nation
Gitxaala Nation
Oregon Jack Creek Indian Band
Boston Bar First Nation
High Bar Indian Band
Tl'etinqox Government

Yukon
Liard First Nation

Northwest Territories
Acho Dene Koe First Nation...........