Indigenous Ownership: Overcoming Obstacles and Forging Partnerships

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Indigenous Ownership: Overcoming Obstacles and Forging Partnerships

Indigenous & Northern Communities
Pages:29 pages49 min read

Author: Matthew Belliveau

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While Indigenous ownership of major projects is rising in Canada, many Indigenous communities still lack access to capital and capacity. This report examines what Indigenous groups need in order to be strong partners in major projects.

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Most Indigenous communities lack access to affordable capital needed to acquire meaningful ownership levels in major projects. Addressing this issue will require expanding successful but geographically limited financing programs.

Métis and Inuit communities lack access to First Nations–led institutions that are facilitating major project ownership. A distinctions-based approach is needed to bridge this gap.

Remote communities can benefit from shared capacity resources that account for their small scale, as well as funding programs that consider their low revenues and high costs.

Indigenous communities and project proponents are de-risking their investments in major projects through early engagement, trust-based relationships, and creative transaction structures.

The federal government can further de-risk major project investments involving Indigenous co-owners by clarifying how the policy environment will impact project returns.

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