Feds promise Indigenous loan guarantee program, but no details provided ...Middle East

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The “next steps” for a long-awaited Indigenous loan guarantee program will be announced in next year’s federal budget, the Liberal government promised in its fall economic statement on Tuesday. But industry groups and Indigenous leaders are still waiting for details on whether the program, which the fiscal update said would help communities invest in the natural resource sector, will facilitate equity ownership in oil and gas projects. It is important for help to be available across all sectors, the First Nations Major Project Coalition said on Tuesday after the government promised to “advance development” of loan guarantees. Get daily news from Canada’s National Observer “We hope

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