Indigenous loan guarantees aim to boost First Nations investment
The 2024 budget offers up to 5 billion in government backed loans aimed at Indigenous communities to fund natural resources and energy projects. It faces a 420 billion gap to close infrastructure, with calls for broader finance, housing, and digital funding and no collateral under current Indian Act rules.
MENTIONED IN THIS ARTICLE
Ottawa
First Nations
Canada
Sharleen Gale
First Nations Major Projects Coalition
Gale
Ture Bank
Infrastructure Bank
Lisa Baiton
Canadian Association of Petroleum Producers
Enbridge
Alberta
Saskatchewan
Ontario
Assembly of First Nations
Cindy Woodhouse Nepinak
Woodhouse Nepinak
Akwesasne
Abram Benedict
Benedict
Canada Budget Tightens Taxes to Fund New Health Plans
The budget tabled in the House of Commons outlines a 1.7 billion revenue rise from higher tobacco and vaping taxes to fund a 1.5 billion pharmacare program with universal contraceptive and diabetes drug coverage. It also pledges 13 billion over five years for an uninsured, means-tested dental program and national long term care standards, with NDP backing.
MENTIONED IN THIS ARTICLE
Ottawa
House of Commons
Chrystia Freeland
Mark Holland
New Democrats
NDP
Holland
Freeland
Canada
Rob Cunningham
Stephen Ellis
Liberals propose capital gains hike to fund agenda in budget
Ottawa aims to cap the deficit at 40 billion while boosting spending by 53 billion. Finance Minister Chrystia Freeland says higher taxes on the wealthiest and stronger revenues finance economic justice measures for younger generations. The cap gains inclusion rate would rise from half to two thirds on gains over 250000, affecting 0.1 percent of Canadians and adding about 20 billion over five years.
MENTIONED IN THIS ARTICLE
Liberals
Nojoad
Mallees
Ottawa
Chrystia Freeland
Stron
Also Mentioned on This Page
Métis National Council
British Columbia
Indigenous Services Canada
Crown-Indigenous Relations and Northern Affairs Canada
the Canadian Press
Peace Tower
Parliament Hill
Imperial Tobacco
Sebastien Dolan
Feds
The
Canadian Cancer Society
Calgary