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Government of Canada Unveils Details Regarding New Federal Indigenous Loan Guarantee Program | Bennett Jones LLP

On April 16, 2024, the Canadian Government released the 2024 federal budget, including details on the much-anticipated federal Indigenous Loan Guarantee Program (ILG Program). First. ....

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Government of Canada Unveils Details Regarding New Federal Indigenous Loan Guarantee Program

On April 16, 2024, the Canadian Government released the 2024 federal budget, including details on the much-anticipated federal Indigenous Loan Guarantee Program ILG Program. First announced in the government s 2023 Fall Economic Statement, the ILG Program will provide up to $5 billion in loan guarantees to Indigenous communities, and support Indigenous communities to share in Canada s prosperity and benefit from the new opportunities ahead. ....

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Mining industry wins big with tax relief in B.C. budget

Provincial government plans to halve the proposed tax rate after a dispute over the carbon pricing policy with B.C.’s mining industry threatened to hamper B.C.’s critical minerals strategy ....

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B.C. introduces Indigenous loan guarantees up to $1-billion in NDP budget

British Columbia plans to launch an Indigenous loan-guarantee program backstopped by up to $1-billion in government funds, embracing a model already operating… ....

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B.C. introduces Indigenous loan guarantees up to $1-billion in NDP budget

The First Nations Equity Financing Framework would include a special account set up with a $10-million inaugural balance and a cumulative loan guarantee limit of $1-billion, to be reviewed each year ....

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