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Government of Canada Unveils Details Regarding New Federal Indigenous Loan Guarantee Program | Bennett Jones LLP

Government of Canada Unveils Details Regarding New Federal Indigenous Loan Guarantee Program

On April 16, 2024, the Canadian Government released the 2024 federal budget, including details on the much-anticipated federal Indigenous Loan Guarantee Program ILG Program. First announced in the government s 2023 Fall Economic Statement, the ILG Program will provide up to $5 billion in loan guarantees to Indigenous communities, and support Indigenous communities to share in Canada s prosperity and benefit from the new opportunities ahead.

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