Global Trade Alert
Global Trade Alert

Canada: Indigenous Loan Guarantee Program issues loan guarantee for an investment by the 38 First Nations

Announcement

02 Jul 2025

In July 2025, Canada Development Investment Corporation (CDEV) confirmed the issuance of its first loan guarantee under the Indigenous Loan Guarantee Program. The guarantee covers CAD 400 (USD 292.09) million for a 12.5% investment by 38 First Nations in British Columbia in Enbridge's Westcoast pipeline system.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Jul 2025

Revocation date:

No revocation date

Updated: 02 Jul 2025
Loan guarantee In force
On 2 July 2025, the Canada Development Investment Corporation (CDEV), through its subsidiary, the Canada Indigenous Loan Guarantee Corporation (CILGC), announced the issuance of its first loan guarant...
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