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Remarks by the Deputy Prime Minister and Minister of Finance to announce the launch of the pre-budget consultations for Budget 2021
From: Department of Finance Canada Hello, and thank you for being here. I am so pleased to announce the launch of consultations that will help inform and guide our growth plan and feed into the measures and investments that will make up Budget 2021 – and help Canada build back better. Right now, many of […]
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Tom Flanagan: A more promising path out of poverty for remote Indigenous communities – Financial Post
The biggest single problem facing First Nations is lack of economic opportunity Jan 26, 2021 From the fiscal crisis of the mid-1990s to the end of Stephen Harper’s Conservative government in 2015, federal spending on Indigenous programs grew at a compound annual rate of 2.5 per cent in inflation-adjusted dollars. In the name of reconciliation, […]
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Opinion: Two for one: Justice and profit – Financial Post
With successive governments having dragged their feet for decades on investment in First Nations communities, it may be time for Canada’s private sector to seize the initiative Jan 22, 2021 A new year can inspire us to adopt fresh perspectives. With successive governments having dragged their feet for decades on investment in First Nations communities, […]
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Bank of Canada will hold current level of policy rate until inflation objective is achieved, continues quantitative easing
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance, reinforced and supplemented by its quantitative easing (QE) program, which continues at its […]
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Bridging Finance Inc.: Results from the Special Meeting of Unitholders
Bridging Finance Inc. (the “Manager’) is pleased to confirm that on December 18, 2020 and December 21, 2020, at a special meeting of unitholders, unitholders of the Bridging Income Fund LP, Bridging Income RSP Fund, Bridging Mid-Market Debt Fund LP, Bridging Mid-Market Debt RSP Fund and Bridging Indigenous Impact Fund voted overwhelmingly in favour of […]
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Canada Infrastructure Bank Signs Memorandum of Understanding for Oneida Energy Storage
January 12, 2021 TORONTO – The Canada Infrastructure Bank (CIB) and Oneida Energy Storage LP announced today the signing of a Memorandum of Understanding (MOU) for the Oneida Energy Storage project in Ontario. Oneida Energy Storage LP is a joint venture between NRStor Incorporated and Six Nations of the Grand River Development Corporation. The MOU […]
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Four Indigenous finalists among nominees for new $5 bill – CTV News
TORONTO — As the government of Canada is expected to announce the new subject of the $5 bank note in the coming days, relatives of the finalists reflect on the roles their ancestors played in shaping the nation. Francis Pegahmagabow, one of Canada’s most highly decorated Indigenous soldiers, known for his expert marksman skills during […]
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Dale Swampy: UNDRIP will slow, not hasten Indigenous development – Financial Post
We need our leaders and politicians to work on removing barriers to Indigenous economic development, not adding to them Late last year, the federal government introduced legislation — Bill C-15 — to ensure that the laws of Canada are consistent with the UN Declaration on the Rights of Indigenous Peoples (UNDRIP). While the affirmation of […]
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Cascade Power Project wins Canadian Power Deal of the Year award
TORONTO, January 6, 2021 – The Cascade Power Project, which OPTrust played a leading role in developing and financing, has won Project Finance International’s Canadian Power Deal of the Year award for 2020. The $1.5-billion Cascade Power Project is a 900-megawatt combined-cycle natural gas-fired power generation facility under construction near Edson, Alberta that will play […]
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Federal government announces major transfer amounts for 2021-22
From: Department of Finance Canada December 17, 2020 – Ottawa, Canada – Department of Finance Canada Throughout the COVID-19 pandemic, the federal government has worked with all orders of government to protect Canadians’ health and safety and support workers and businesses. By working collaboratively, we are ensuring our economy is ready for a rapid, robust and resilient […]
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