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ARTICLE · 22 SEPTEMBER 2009

Ontario Announces A $250 Million Aboriginal Loan Guarantee Program

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On Friday September 4, 2009, the Ministry of Energy and Infrastructure (the “MEI”) announced further details of two new programs for First Nations and Métis communities interested in developing and owning renewable energy projects:

CanadaEnergy and Natural Resources
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Article by Linda L. Bertoldi , John Vellone and Tricia Ralph, Student-at-Law

Province Also Releases Framework For A New Aboriginal Energy Partnerships Program

On Friday September 4, 2009, the Ministry of Energy and Infrastructure (the "MEI") announced further details of two new programs for First Nations and Métis communities interested in developing and owning renewable energy projects:

  1. the Aboriginal Loan Guarantee Program, which was first announced in the 2008 Budget, is a $250 million program administered by the Ontario Financing Authority that will facilitate Aboriginal participation in new renewable green energy infrastructure; and
  2. an Aboriginal Energy Partnerships Program, a program that will be managed by the Ontario Power Authority (the "OPA") and will support Aboriginal participation in renewable generation projects by creating a new Aboriginal Renewable Energy Network, providing support for community energy plans, and providing funding for

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