Indigenous project financing plan praised as game-changer

The First Nations Major Projects Coalition was involved in negotiations to secure equity stakes for B.C. First Nations in the Coastal GasLink project. Pictured at a signing ceremony in 2022 were Chief Justin Napoleon of Saulteau First Nations; Tiffany Murray of Coastal GasLink; Chief Corrina Leween of Cheslatta Carrier Nation; and Bevin Wirzba of Coastal GasLink.

First Nations major project proponents are hailing the establishment of a $5-billion Indigenous Loan Guarantee Program in the recent federal budget as a game-changer that might well serve as a catalyst for First Nations’ participation in multiple projects in the near future. Enabling legislation for the loan program was included in the budget bill tabled … Continue reading Indigenous project financing plan praised as game-changer

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