Infrastructure Bank Could Help To Fund Indigenous Projects

Construction of the Fibre Link in 2015 - Photo courtesy of Mackenzie Valley Fibre Link

A new federal agency will help finance construction of new highways and transit systems, and could help projects in Indigenous communities like the Mackenzie Valley Highway.

The new infrastructure bank could take project ideas from one community or reserve, and roll them out over multiple communities to attract investor interest.

The government bank will take $35 million and seek three to four times that in private investment.

An announcement on who will be the bank’s chief executive is expected within the next few weeks, as it is supposed to be up and running by next year.

About the Author

Owen Fullerton
Owen is brand new to the radio industry. Graduating from Niagara College in 2017 with a broadcasting for radio and TV diploma, Owen decided to start his career up here in the North. A huge sports fan, music junkie, and Netflix binge watcher, he is pretty talented at wasting an obscene amount of time on these things. Owen is excited to see what the North and CKLB radio has in store for him.

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