Whitefish Goodfish Multiplex Opening
See how an AIOC-backed investment helped fund the development of a new multiplex for the Whitefish Goodfish Nation.
Benefits
How AIOC Loan Guarantees promote Indigenous Prosperity
Ever since the AIOC loan guarantee program was established in 2019, its power to drive change has reverberated throughout Alberta and across Canada.
The program is helping to establish a new path toward reconciliation. It provides Indigenous Nations and groups with an unprecedented and long overdue opportunity to participate as partners in economic development and Indigenous prosperity.
Key Program Benefits
AIOC supports Indigenous prosperity in many ways.
Advancing Community Priorities
Revenues generated by AIOC-backed projects are invested back into Indigenous Nations and groups according to community priorities to benefit their members.
Connection to Capital
Loan guarantees facilitate access to capital for Indigenous Nations and groups to help fund the debt and equity portions of their investments.
Safeguards Community Assets
Because AIOC guarantees the loan, in the event of a default no community assets or own-source revenue is at risk.
Partnership With Industry
Indigenous Nations, groups and industry are partnering on existing assets, responsibly advancing new projects, and sharing prosperity from economic development.
Promotes Economic Reconciliation
Address the National Truth and Reconciliation Commission’s Call to Action #92 as it relates to long-term sustainable benefits for Indigenous communities from economic development projects.