Trudeau announces loan guarantee program for Canada's Indigenous communities

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Canadian Prime Minister Justin Trudeau announced Tuesday, while in Saskatoon, Sask., that the federal government will offer up to $5 billion in loan guarantees to support Indigenous communities seeking ownership stakes in natural resources and energy projects.

Trudeau said Ottawa is also promising to spend millions more to help Indigenous communities with housing and health care needs as part of last week’s budget.

The budget promises $390 million to renovate health facilities, including support for a virtual health hub led by the Saskatchewan Indian Institute of Technologies.

The budget also includes $918 million for housing and infrastructure in Indigenous communities.

For more info, please go to https://globalnews.ca/news/10441965/budget-2024-liberal-conservative-polls/

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Category: News and politics
Tags: global news, Justin Trudeau, Federal Budget 2024

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