Funding from First Nations Bank to assist construction of Indigenous-led development in B.C. town

 By Sam Laskaris, Local Journalism Initiative Reporter, Windspeaker.com Construction will soon commence on a new development in Function Junction, a neighbourhood in Whistler, a popular tourist town in British Columbia. The Indigenous-led development, which will be called Tseqwtsúqum̓, is made possible with funding from the First Nations Bank of Canada (FNBC) to the Lil’wat Business Group. The Lil’wat Business Group is the economic arm of Lil’wat Nation. The dollar amount is not being publicly released for the project, which was announced on July 28. FNBC’s CEO Bill Lomax said, however, it is the largest deal yet under its $100 million Indigenous Land Development Program partnership with the Canada Infrastructure Bank (CIB). The partnership provides below-market rates to Indigenous communities looking to build critical infrastructure. “We’ve been working on accessing funding…

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