The Globe and Mail
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An Indigenous fund first announced in the 2019 federal budget expects to start steering loans to businesses by the end of the year, backed by additional government contributions that bring the fund’s first close to $150-million.
The Indigenous Growth Fund, announced as a $100-million initiative in 2019, will be managed by the National Aboriginal Capital Corporations Association, an umbrella group for lending agencies known as Aboriginal Financial Institutions, or AFIs.