The First Nations Finance Authority was created to provide First Nation governments with access to the same types of affordable financing that other local and regional governments in Canada use to ensure quality of life for their citizens.

There is a $350 billion infrastructure gap that exists between First Nation communities and the rest of Canada.  While Canada has committed to closing the infrastructure gap by 2030, its current funding model is outdated and ineffective.

Monetization is the process used by provinces and local governments to build their infrastructure – build now at today’s costs with financing and pay over a chosen loan term.
FNFA suggests Canada utilize this viable solution to allow First Nations to close the gap at a much faster pace. Monetization can be a means of unlocking federal funds to build critical infrastructure, including housing. Federal dollars allocated annually for First Nations infrastructure could be leveraged up to 24.5 times over 30 years to finance multiple projects before inflation continues to widen the gap.

This presentation will:

• Discuss how First Nation governments can access capital for housing and infrastructure projects through sustainable bond markets.
• Introduce Monetization and describe how a pilot project using Monetization could be used to build housing. 
• Provide information on FNFA’s services and initiatives, such as Insurance, that will support infrastructure projects for First Nations.