The Nisga’a Nations said the new federal budget supports its ability to self-govern on their traditional territory.
As part of the federal budget, the Indigenous loan guarantee, which was introduced in the 2024 budget, has been enhanced. In 2024, the ILG was budgeted to provide up to $5 billion in loans to Indigenous groups across Canada as a form of economic reconciliation. In 2025, the ILG will be doubled to $10 billion to help advance Indigenous-led projects and enable more communities to become leaders on major projects.
The Nisga’a Nation is expected to benefit from an increase in funding for projects as it co-developing the Ksi Lisims LNG and Prince Rupert Gas Transmission line. The construction of the Ksi Lisims LNG is expected to have major economic impacts and create thousands of jobs.
“These investments will benefit all First Nations,” said Nisga’a Lisims Government president Eva Clayton.
“At a time of great economic uncertainty, these are concrete measures that will help nations move from the margins to the centre, driving solutions for our communities and our country as stewards of responsible, world-class projects.”
