{"id":81040,"date":"2024-04-16T16:53:38","date_gmt":"2024-04-16T20:53:38","guid":{"rendered":"https:\/\/theturtleislandnews.com\/?p=81040"},"modified":"2024-04-17T10:40:48","modified_gmt":"2024-04-17T14:40:48","slug":"feds-offer-5b-in-indigenous-loan-guarantees-fall-420b-short-on-infrastructure-asks","status":"publish","type":"post","link":"https:\/\/theturtleislandnews.com\/index.php\/2024\/04\/16\/feds-offer-5b-in-indigenous-loan-guarantees-fall-420b-short-on-infrastructure-asks\/","title":{"rendered":"Feds offer $5B in Indigenous loan guarantees, fall $420B short on infrastructure asks"},"content":{"rendered":"<p>The federal government is providing up to $5 billion in loan guarantees to help Indigenous communities invest in natural resource and energy products. But when it comes to a promise to close what advocates say is a sprawling Indigenous infrastructure gap, Ottawa is short more than $420 billion. Teased in last year&#8217;s fall economic statement, the Indigenous loan guarantee in the 2024 budget allows communities to decide which projects to invest in. The loans would be guaranteed by the federal government, ensuring Indigenous borrowers can get more favourable interest rates. First Nations business leaders have long called for an Indigenous loan program to allow for investments in oil and gas projects. The First Nations Major Projects Coalition anticipates Indigenous participation in the natural resource and energy sector could reach $525&#8230; <\/p>\n<div class=\"pmpro\">\n<div class=\"pmpro_card pmpro_content_message\">\n<div class=\"pmpro_card_content\">This content is for Yearly Subscription, Yearly Subscription &#8211; Corporate, Print Subscription Only, and Canada Print and Online members only.<br \/><a href=\"http:\/\/theturtleislandnews.com\/wp-login.php?action=register\">Register<\/a><\/div>\n<div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/theturtleislandnews.com\/wp-login.php?redirect_to=https%3A%2F%2Ftheturtleislandnews.com%2Findex.php%2F2024%2F04%2F16%2Ffeds-offer-5b-in-indigenous-loan-guarantees-fall-420b-short-on-infrastructure-asks%2F\">Log in here<\/a><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The federal government is providing up to $5 billion in loan guarantees to help Indigenous communities invest in natural resource and energy products. But when it comes to a promise to close what advocates say is a sprawling Indigenous infrastructure gap, Ottawa is short more than $420 billion. Teased in last year&#8217;s fall economic statement, the Indigenous loan guarantee in the 2024 budget allows communities to decide which projects to invest in. The loans would be guaranteed by the federal government, ensuring Indigenous borrowers can get more favourable interest rates. First Nations business leaders have long called for an Indigenous loan program to allow for investments in oil and gas projects. The First Nations Major Projects Coalition anticipates Indigenous participation in the natural resource and energy sector could reach $525... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><div class=\"pmpro_card_content\">This content is for Yearly Subscription, Yearly Subscription - Corporate, Print Subscription Only, and Canada Print and Online members only.<br \/><a href=\"http:\/\/theturtleislandnews.com\/wp-login.php?action=register\">Register<\/a><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/theturtleislandnews.com\/wp-login.php?redirect_to=https%3A%2F%2Ftheturtleislandnews.com%2Findex.php%2F2024%2F04%2F16%2Ffeds-offer-5b-in-indigenous-loan-guarantees-fall-420b-short-on-infrastructure-asks%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":101363,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[4,8,13],"tags":[],"class_list":["post-81040","post","type-post","status-publish","format-standard","hentry","category-business","category-national-news","category-ticker","pmpro-level-required","pmpro-level-3","pmpro-level-2","pmpro-level-5","pmpro-level-4","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Feds offer $5B in Indigenous loan guarantees, fall $420B short on infrastructure asks - The Turtle Island News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theturtleislandnews.com\/index.php\/2024\/04\/16\/feds-offer-5b-in-indigenous-loan-guarantees-fall-420b-short-on-infrastructure-asks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Feds offer $5B in Indigenous loan guarantees, fall $420B short on infrastructure asks - The Turtle Island News\" \/>\n<meta property=\"og:description\" content=\"The federal government is providing up to $5 billion in loan guarantees to help Indigenous communities invest in natural resource and energy products. But when it comes to a promise to close what advocates say is a sprawling Indigenous infrastructure gap, Ottawa is short more than $420 billion. Teased in last year&#8217;s fall economic statement, the Indigenous loan guarantee in the 2024 budget allows communities to decide which projects to invest in. The loans would be guaranteed by the federal government, ensuring Indigenous borrowers can get more favourable interest rates. First Nations business leaders have long called for an Indigenous loan program to allow for investments in oil and gas projects. The First Nations Major Projects Coalition anticipates Indigenous participation in the natural resource and energy sector could reach $525\" \/>\n<meta property=\"og:url\" content=\"https:\/\/theturtleislandnews.com\/index.php\/2024\/04\/16\/feds-offer-5b-in-indigenous-loan-guarantees-fall-420b-short-on-infrastructure-asks\/\" \/>\n<meta property=\"og:site_name\" content=\"The Turtle Island News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TurtleIslandNews\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-16T20:53:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-17T14:40:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/theturtleislandnews.com\/wp-content\/uploads\/2016\/01\/facebooklogo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"725\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lynda Powless\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:site\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lynda Powless\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/04\\\/16\\\/feds-offer-5b-in-indigenous-loan-guarantees-fall-420b-short-on-infrastructure-asks\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/04\\\/16\\\/feds-offer-5b-in-indigenous-loan-guarantees-fall-420b-short-on-infrastructure-asks\\\/\"},\"author\":{\"name\":\"Lynda Powless\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#\\\/schema\\\/person\\\/7b188fd7503577895ef8b306988cd458\"},\"headline\":\"Feds offer $5B in Indigenous loan guarantees, fall $420B short on infrastructure asks\",\"datePublished\":\"2024-04-16T20:53:38+00:00\",\"dateModified\":\"2024-04-17T14:40:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/04\\\/16\\\/feds-offer-5b-in-indigenous-loan-guarantees-fall-420b-short-on-infrastructure-asks\\\/\"},\"wordCount\":688,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#organization\"},\"articleSection\":[\"Business\",\"National News\",\"ticker\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/04\\\/16\\\/feds-offer-5b-in-indigenous-loan-guarantees-fall-420b-short-on-infrastructure-asks\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/04\\\/16\\\/feds-offer-5b-in-indigenous-loan-guarantees-fall-420b-short-on-infrastructure-asks\\\/\",\"url\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2024\\\/04\\\/16\\\/feds-offer-5b-in-indigenous-loan-guarantees-fall-420b-short-on-infrastructure-asks\\\/\",\"name\":\"Feds offer $5B in Indigenous loan guarantees, fall $420B short on infrastructure asks - 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