Indigenous-related project finance in Canada expected to grow significantly due to enhanced government financing programs.

Morningstar DBRS forecasts significant growth in Indigenous-related project finance in Canada, driven by enhanced government financing programs. Over the past five years, Indigenous financing activity has averaged nearly $800 million annually. Key upcoming transactions include the Trans Mountain pipeline sale to Indigenous groups and the Cedar LNG project. Increased Indigenous economic participation may foster support for major developments and stimulate broader economic growth.

September 30, 2024
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