What's New

July 30, 2012 – Ontario Increases Support for Aboriginal Energy Projects

Ontario is expanding the Aboriginal Loan Guarantee Program to encourage First Nation and Métis participation in the province's clean energy economy.

To date, the program has received applications totalling $250 million for projects that are expected to bring over 600 megawatts of clean, renewable energy online, which is enough to power 45,000 homes and create up to 2,800 new jobs. The expansion will make an additional $150 million available under the loan program.

[more]

January 29, 2010 – The Application Form and User Guide for the Aboriginal Loan Guarantee Program are now available on the Ontario Financing Authority website.

[more]

September 4, 2009 – Creating Jobs and Promoting Economic Sustainability for Aboriginal People with the Aboriginal Loan Guarantee Program

The $250 million Aboriginal Loan Guarantee Program supports Aboriginal participation in new renewable green energy infrastructure like wind, solar and hydroelectric.

By participating in renewable energy projects, First Nation and Métis communities can benefit from jobs and training as projects are developed and from dividends once projects come into service. The program includes both energy generation and electricity transmission projects.

[more]