The First Nations and Métis Fund was publicly announced on May 11, 2006. CIC is providing $20 million to the Fund over the next four years - 2006 through 2009. Investments will be made in new or expanding businesses which are majority-owned or controlled by First Nations or Métis people. To be eligible, the businesses must be in the following key strategic growth sectors:

• value-added agriculture;
• advanced technology;
• energy;
• mining;
• forestry and forestry developments; and;
• manufacturing.

Investments will also be considered in Aboriginal-themed tourism.

CIC is administering and operating the Fund. Westcap Mgt. Ltd. of Saskatoon has been hired as the Fund Manager.

For more information about the Fund, please contact Westcap directly and ask for Grant Kook or Wanda Hunchak.

First Nations and Métis Fund Established

Brochure