November 26, 2014 – Ottawa, On – Aboriginal Affairs and Northern Development Canada
The Honourable Bernard Valcourt, Minister of Aboriginal Affairs and Northern Development, today announced an investment of $7.8 million to the National Aboriginal Capital Corporations Association (NACCA).
The contribution of just over $7.8 million will enable NACCA to increase its role and that of the Aboriginal Financial Institutions network to assist the Aboriginal business community through business planning, financial consulting, developmental loans and non-repayable contributions.
Minister Valcourt made the announcement during NACCA's annual general managers meeting in Gatineau where he celebrated the important milestone reached by the Aboriginal Financial Institutions (AFIs), regarding $2 billion in developmental loans to Aboriginal entrepreneurs.
Erica Meekes
Press Secretary
Office of the Minister of Aboriginal Affairs and Northern Development
819-997-0002
Media Relations
Aboriginal Affairs and Northern Development Canada
819-953-1160
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