By Marc Lalonde \u00a0Local Journalism Initiative Reporter A recent federal budget allocation will mean a financial shot in the arm for Indigenous Financial Institutions (IFI) and entrepreneurship from coast to coast. This allocation shows the government is serious about Indigenous prosperity, the CEO of the National Aboriginal Capital Corporations Association (NACCA) said. The federal government earmarked $350 million to be allocated to NACCA and its member IFIs when it released the 2024 federal budget in Ottawa last week. That funding will play a pivotal role in supporting Indigenous self-determination and economic empowerment, NACCA said, but locally, Tewatohnhi’saktha Business Services Director Darryl Leclaire is taking a wait-and-see approach. “It’s a substantial increase, and obviously we support the ability to support Indigenous entrepreneurship and provide financing to those entrepreneurs, but we don’t… <\/p>\n
By Marc Lalonde \u00a0Local Journalism Initiative Reporter A recent federal budget allocation will mean a financial shot in the arm for Indigenous Financial Institutions (IFI) and entrepreneurship from coast to coast. This allocation shows the government is serious about Indigenous prosperity, the CEO of the National Aboriginal Capital Corporations Association (NACCA) said. The federal government earmarked $350 million to be allocated to NACCA and its member IFIs when it released the 2024 federal budget in Ottawa last week. That funding will play a pivotal role in supporting Indigenous self-determination and economic empowerment, NACCA said, but locally, Tewatohnhi’saktha Business Services Director Darryl Leclaire is taking a wait-and-see approach. “It’s a substantial increase, and obviously we support the ability to support Indigenous entrepreneurship and provide financing to those entrepreneurs, but we don’t... <\/p>\n