Province expanding Alberta Indigenous Opportunities Corporation mandate – Global News
February 14, 2022
Originally created for investment in the natural resource sector, the Alberta Indigenous Opportunities Corporation (AIOC) is growing.
Premier Jason Kenney announced Monday the program will now include investment in agriculture, transportation and telecommunications.
“Progressive First Nations leaders in agriculture will be able to get the money to make those investments to get your people to work and to create long-term revenue for your people and the services that they need,” Kenney said.
The AIOC provides up to $1 billion in loan guarantees to reduce the cost of capital for Indigenous groups investing in economic development projects.
Read More: https://globalnews.ca/news/8620110/alberta-indigenous-opportunities-corporation-expansion/
