S Finance
CIB unveils Indigenous project funding scheme – Construct Connect
November 30, 2023 CIB — The Canada Infrastructure Bank’s new Indigenous Equity Initiative is intended to spur a new set of projects involving Indigenous leadership. Its existing roster includes the Atlin Hydroelectric project in Yukon and British Columbia, which has participation from the Taku River Tlingit First Nation. Look for significant new Indigenous-linked projects to […]
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Read MoreWhat we heard: Bank of Canada publishes report on digital dollar consultations, outlines further engagement plans
November 29, 2023 The Bank of Canada today published a report summarizing the feedback it has received to date about a potential digital Canadian dollar. Since 2020, the Bank has engaged widely with Canadians, as well as with stakeholders in the financial sector and civil society. The feedback the Bank received indicates that: Canadians place […]
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Read MoreCity of Ottawa: Committee approves draft budget for community and social services, recreation, culture and parks
November 28, 2023 Council, committees and City Hall The City’s Community Services Committee today approved its portions of Draft Budget 2024, which represents a $1.2-billion total operating budget and capital investments totaling $142.1 million. This budget invests in housing options for all residents and aims to improve access to mental health and addiction support, social […]
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Read MoreABPA responds to the Liberal Government’s Announcement of a National Indigenous Loan Guarantee Program – Anishinabek News
November 28, 2023 ROBINSON-SUPERIOR TREATY AND FORT WILLIAM FIRST NATION TERRITORY, THUNDER BAY, ONTARIO (November 22, 2023) – This week, the Liberal government announced the next steps for a long-awaited National Indigenous Loan Guarantee Program in the next year’s federal budget. However, Indigenous leaders are still waiting for details on how the program will work […]
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Read MoreProactive climate adaptation can cut Ontario public infrastructure costs: watchdog – Ontario Construction News
November 27, 2023 The dangers of a changing climate could add more than $4 billion per year to the cost of maintaining Ontario’s public infrastructure over the rest of the century, the province’s financial watchdog said Wednesday. But the report from the Financial Accountability Office of Ontario said the province and municipalities can cut those […]
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Read MoreCanada Infrastructure Bank launches new Indigenous Equity Initiative
27 Nov, 2023 Disponible en francais Fills a market gap by providing Indigenous communities access to purchase equity stakes for projects in which the CIB is also investing Equity loans range between $5 and $100 million, up to 90% of Indigenous equity interest Repayments targeted at 15 years at minimum Government of Canada interest rates […]
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Read MoreAssembly of First Nations Responds to Federal Government’s Fall Economic Statement
Nov 23, 2023 (Ottawa, Unceded Algonquin Territory, Ontario) – The Assembly of First Nations (AFN) responded today to the Federal Government’s release of its Fall Economic Statement, which included new spending for First Nations priorities in infrastructure, safe drinking water, and social development. The AFN concluded that the commitments therein fall short in addressing the […]
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Read MoreCIBC receives inaugural Indigenous Reconciliation award from Canadian federal Labour Program
TORONTO, Nov. 23, 2023 – CIBC today announced it has received the inaugural Indigenous Reconciliation award as part of the 2023 Employment Equity Achievement Awards (EEAA) organized by the Canadian federal Labour program. This new category within the EEAA program recognizes employers who have demonstrated outstanding commitment to reconciliation with Indigenous peoples including outreach and […]
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Read MoreStatement by Francis Bradley, CEO of Electricity of Canada on the Government of Canada’s 2023 Fall Economic Statement:
Earlier this year the federal budget made a significant commitment to clean electricity. The 2023 Fall Economic Statement offers a number of additional announcements that will help electricity companies build a cleaner, more reliable and affordable electricity system. The announcement of an Indigenous Loan Guarantee Program, which will help increase the access to affordable capital […]
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Read MoreThe Chiefs of Ontario reacts to 2023 Federal Fall Economic Statement
(Toronto, ON – November 22, 2023) – The Chiefs of Ontario have released the following statement in response to the 2023 Federal Fall Economic Statement: The Chiefs of Ontario (COO) is expressing disappointment that Ontario First Nations’ priorities were not reflected in yesterday’s announcement of the 2023 Fall Economic Statement. “Canadian politicians continually ask us […]
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