Group of people gathered chatting near logo wall with baloons at new AIOC Enoch office opening

In 2019, recognizing the imperative laid out by the Truth and Reconciliation Commission’s Calls to Action,
specifically #92
, the Government of Alberta took a bold step. They understood that adversarial relationships between Indigenous groups and industry could be transformed into meaningful partnerships based on shared values.

Industry is increasingly realizing the value of meaningful Indigenous economic participation – and are sharing the benefits of their projects. As our model proves successful, we are building a foundation of knowledge, trust and insight that sets the stage for future partnership and shared prosperity.

Group cutting the ribbon at the AIOC enoch office opening

Our Mandate

AIOC was created to facilitate Indigenous investment and partnerships in the development of Alberta’s natural resources, agriculture, telecommunications, and transportation sectors. This year, tourism was added as an eligible sector.

Project loan guarantees must be between $20 million and $250 million. AIOC conducts due diligence to ensure projects are low-risk and cash flows are able to service the guaranteed debt, while at the same time offering the high potential of immediate and ongoing returns (net of loan repayment and interest costs) to Indigenous groups.

Two elderly gentlemen chatting at the AIOC enoch office opening

Our Purpose

To be a financial catalyst for partnerships and projects that generate sustainable inter-generational revenues for Indigenous groups. Our provincially backstopped loan guarantees enable Indigenous groups to borrow capital to fund the debt and equity portions of an acquisition, and to reduce the costs of borrowing such capital.

Man performing a ceremonial dance at the AIOC Enoch office opening

Our Goal

Ultimately to facilitate economic opportunities that remove barriers and improve the lives of Indigenous groups – allowing them to share in Alberta’s prosperity.

The return on investment accelerates prosperity. Indigenous communities receive sustainable revenue that could be used to support a range of social, educational, housing, cultural and economic opportunities that will move communities and Alberta forward.

Different Drummers Working In Harmony.

The scale of the projects we backstop often brings together multiple First Nations and Métis groups. Each community shares in the revenues and invests back into projects based on community priorities that benefit their members.