Sections
Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
Cattle - Hogs / Livestock News
Interest Futures News
Metals Futures News
Reports: Crops, CFTC, etc
Soft Commodities News

Futures and Commodity Market News

A Fairer Future for Every Generation of Indigenous Peoples

SASKATOON, SK, Apr 23, 2024 (CNW Group via COMTEX) --

When Indigenous Peoples succeed, Canada succeeds. A fairer future for every generation of Indigenous Peoples includes better access to health care, housing, post-secondary education, and good-paying jobs. With renewed Nation-to-Nation, Government-to-Government, and Inuit-Crown relationships, we are creating thousands of jobs, generating economic opportunity for First Nations, Inuit, and Métis communities, and closing the housing gaps which have caused Indigenous communities to face high housing costs and lack of access for far too long.

The Prime Minister, Justin Trudeau, today highlighted new measures included in Budget 2024 to create jobs, unlock opportunities, and build more housing and infrastructure for Indigenous Peoples.

Here are some of our key measures:

Indigenous Loan Guarantee Program, which will offer up to $5 billion in loan guarantees to make sure Indigenous communities can share in the benefits of natural resource and energy projects in their territories.

$390.4 million to build or renovate health facilities, including to support the Virtual Health Hub led by the Saskatchewan Indian Institute of Technologies. This funding will also improve the safety of primary care workers in remote and isolated on-reserve First Nations communities.

$388 million in new investments to boost Indigenous economic opportunities for Indigenous entrepreneurs, Indigenous tourism, and to unlock new clean energy opportunities through the Strategic Partnerships Initiative.

Unlocking pathways to post-secondary education by investing nearly $243 million for the next generation of First Nations university, college, and post-secondary students, building on the $487.5 million over 10 years invested in Inuit and Métis post-secondary education strategies through Budget 2019.

Indigenous housing and community infrastructure investments of $918 million to support housing and infrastructure needs in First Nations, Inuit, and Métis communities. This is on top of the $5 billion already available for communities in 2024-25 to fill the Indigenous housing and infrastructure gaps so communities can grow and thrive. These funds will be distributed as follows:

Safe, reliable road access for remote First Nations communities, with $89 million in federal funding to support the Hatchet Lake All-seasons Road Project in Saskatchewan and the Berens River Bridge and Road Project in Ontario.

The Canada Infrastructure Bank's Housing Initiative, which will provide low-cost financing to municipalities and Indigenous communities. The initiative will help reduce barriers to building infrastructure, such as water treatment, transit, and green energy.

Everyone deserves to succeed. The measures outlined above will help ensure that First Nations, Inuit, and Métis communities have what they need to grow and succeed on their own terms â?? and these are just some of the things that we are proposing in Budget 2024. Reconciliation will be at the forefront of everything we do. Alongside these measures, we're building more homes faster, keeping our economy competitive, investing in health care, and making life more affordable to make sure every generation can get ahead.

Quotes"Our government is here as a partner. And through Budget 2024, we're moving forward â?? together â?? to create more and fairer opportunities for Indigenous Peoples. These investments will bring opportunity, create jobs, build homes, and continue our shared path toward meaningful reconciliation."â?? The Rt. Hon. Justin Trudeau, Prime Minister of Canada

"Through this year's budget, we are driving the kind of economic growth that will ensure every generation can reach their full potential â?? including tools to ensure every generation of Indigenous Peoples can succeed on their own terms. The new Indigenous Loan Guarantee Program will encourage Indigenous equity ownership in major natural resource projects, helping Indigenous Peoples benefit their fair share in Canada's economic growth."â?? The Hon. Chrystia Freeland, Deputy Prime Minister and Minister of Finance

"When we talk about self-determination for Indigenous Peoples, we have to talk about how we can be a partner to Indigenous communities in advancing their priorities. Across the board â?? in housing, health care, jobs, education, and more â?? Budget 2024 investments respond to the direct needs of Indigenous partners and keep us moving forward on the path of reconciliation."â?? The Hon. Gary Anandasangaree, Minister of Crown-Indigenous Relations

"Budget 2024 is helping build a fairer and more equitable Canada for Indigenous Peoples. It focuses on the foundational elements of fairness: investing in more homes, more schools, and creating more economic opportunities. We are working with Indigenous partners to restore the tools needed to advance self-determination, create equal opportunities to grow, and participate in all aspects of society."â?? The Hon. Patty Hajdu, Minister of Indigenous Services and Minister responsible for the Federal Economic Development Agency for Northern Ontario

"Indigenous communities contribute greatly to Canada and are full of opportunities, but often don't have the necessary resources to prosper. With Budget 2024, we're making the necessary investments in education and economic growth, and we're helping to close the infrastructure and housing gap to give Indigenous Peoples from across the country the chance to succeed."â?? The Hon. Dan Vandal, Minister of Northern Affairs

Quick Facts

Related Product

Associated Links

This document is also available at https://pm.gc.ca

SOURCE Prime Minister's Office

SOURCE: Prime Minister's Office

SOURCE: Government of Canada

PMO Media Relations: media@pmo-cpm.gc.ca
comtex tracking

COMTEX_451293821/2197/2024-04-23T13:44:00

Copyright (C) 2024 CNW Group. All rights reserved.

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.


Extreme Futures: Movers & Shakers

Hottest

Actives

Gainers

Today's Hottest Futures
Market Last Vol % Chg
Loading...

close_icon
open_icon