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Find similar grantsMinisterial Loan Guarantees is sponsored by Indigenous Services Canada. Ministerial Loan Guarantees secure loans to build, purchase, or renovate on-reserve housing.
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Indigenous Loan Guarantee Program Launched to Accelerate Economic Reconciliation - CDEV Latest news and announcements Advancing Canada’s economy prosperity happens in new ways, every day. Get the latest news and announcements from CDEV and our subsidiaries.
Indigenous Loan Guarantee Program Launched to Accelerate Economic Reconciliation Toronto, December 17, 2024 – As announced in the 2024 Fall Economic Statement, the Canada Indigenous Loan Guarantee Corporation, a newly established subsidiary of the Canada Development Investment Corporation (CDEV), officially launched the Indigenous Loan Guarantee Program yesterday.
This program is a major initiative that will unlock up to $5 billion in loan guarantees to support Indigenous ownership in Canada’s natural resource and energy projects, lowering financial barriers and offering a pathway to long-term prosperity and economic self-reliance. Due to the Indian Act and the legacy of colonialism, Indigenous groups face significant challenges in securing capital and leveraging assets.
This program is designed to bridge this gap, offering Indigenous groups a financial solution that lowers borrowing costs and improves lending terms, enabling them to participate in projects that generate long-term economic benefits. “The Canada Indigenous Loan Guarantee Corporation is committed to fostering a path to prosperity that respects the unique needs and priorities of Indigenous communities,” said Elizabeth Wademan, CEO of CDEV.
“This program empowers Indigenous groups to participate in Canada’s economic future, to build prosperity within their communities, and to create opportunities that will benefit generations to come. ” For more information about the Indigenous Loan Guarantee Program, eligibility requirements, and application process, please visit www. cilgc-cgpac.
ca .
According to the current listing, eligibility includes: First Nations (secures loans for on-reserve housing). Confirm the full requirements in the official notice before applying.
Ministerial Loan Guarantees is funded by Indigenous Services Canada. Verify program details on the funder's official page before applying.
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Climate Change and Health Adaptation Program (CCHAP) North is a grant from Indigenous Services Canada that funds First Nation communities to address the health impacts of climate change through capacity building, community-based research, and adaptation planning. One-year grants support vulnerability assessments, land use monitoring, knowledge sharing and education, and development of local and regional adaptation action plans. The program prioritizes Indigenous Knowledge alongside western science and actively encourages the involvement of First Nations children and youth grounded in cultural and traditional teachings. First Nations south of 60° apply through Indigenous Services Canada; British Columbia First Nations access related support through the First Nations Health Authority.
Family Violence Prevention Program (FVPP) is sponsored by Indigenous Services Canada. The FVPP funds the operations of emergency shelters and transitional (second stage) housing to improve the safety and security of Indigenous women, children, families, and 2SLGBTQI+ people across Canada, including in the North and in urban centers. It also funds activities and key supports to help prevent family violence.