First Nations Finance Authority

Canada

The First Nations Finance Authority (FNFA) provides financial services and loans to First Nations across Canada, supporting economic development and community projects. Its mission is to assist First Nations in improving their financial standing and building capacity for sustainable development.

CCI Score

56.46

-0.03% April 18

Latest Event

FNFA Leverages Expanded Federal Loan Guarantees for Indigenous Infrastructure

The federal government doubled its loan guarantee pool to $10 billion, allowing FNFA to extend increased funding for critical infrastructure projects in First Nations communities. This move is positioned as a key step towards economic reconciliation and improved community services.

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LEADER

First Nations Finance Authority is currently rated as a Leader.

+45 to +100 CCI Score

Companies in this range actively lead the fight against authoritarianism by rejecting oppressive practices and championing democratic values. They implement robust policies, engage in transparent governance, and drive initiatives that set the standard for corporate responsibility.

Latest Events

APR

02

2025

FNFA Leverages Expanded Federal Loan Guarantees for Indigenous Infrastructure
51.10

The federal government doubled its loan guarantee pool to $10 billion, allowing FNFA to extend increased funding for critical infrastructure projects in First Nations communities. This move is positioned as a key step towards economic reconciliation and improved community services.
+60

Public and Political Behavior

April 2

FNFA benefits from a significant government policy that bolsters the capacity for Indigenous-led projects. By leveraging the expanded federal loan guarantee, the company aligns with public initiatives that empower marginalized communities and promote economic self-sufficiency.

Feds double loan pool for First Nations infrastructure buy-in
+50

Business Practices and Ethical Responsibility

April 2

FNFA’s use of the enhanced loan guarantee mechanism demonstrates a commitment to ethical business practices by improving access to capital for First Nations community projects. This strategy facilitates sustainable development and community empowerment.

Feds double loan pool for First Nations infrastructure buy-in
+40

Economic and Structural Influence

April 2

The increased borrowing confidence arising from the federal guarantee positions FNFA to have a notable impact on the economic and structural landscape for First Nations. This structural influence supports broader socioeconomic development and improved community outcomes.

Feds double loan pool for First Nations infrastructure buy-in
APR

02

2025

FNFA Leverages Doubled Federal Loan Guarantee to Boost Indigenous Infrastructure
72.50

Following the federal government's decision to double funding for the Indigenous Loan Guarantee Program to $10 billion, FNFA's CEO Ernie Daniels announced that the increased guarantee will allow the authority to lend more confidently for critical infrastructure projects in First Nations communities, supporting economic self-sufficiency and indigenous leadership.
MAR

26

2025

FNFA Advocates for Collaborative Federal Budget Partnership
75.51

FNFA and its Indigenous partners are urging the Canadian federal government to set aside $200 million annually in the upcoming budget while planning to issue a debenture for funding priority infrastructure projects. The move aims to replace paternalistic policies with a partnership model that empowers Indigenous self-determination and economic sovereignty.
+80

Public and Political Behavior

April 2

By actively calling on the federal government to adopt a partnership model over paternalism, FNFA is taking a strong public and political stand that promotes democratic participation and Indigenous self-determination, aligning with anti-authoritarian principles.

First Nations urge Canada to Choose Partnership over Paternalism
+70

Economic and Structural Influence

April 2

The planned issuance of a debenture to fund infrastructure demonstrates FNFA's commitment to innovative financial approaches that support community-driven economic development and Indigenous sovereignty, thereby reducing reliance on paternalistic government policies.

First Nations urge Canada to Choose Partnership over Paternalism
JUN

20

2023

FNFA Enhanced Mandate via Bill C-45 Update
29.70

On June 20, 2023, legislative updates under Bill C-45 expanded the FNFA's borrowing powers and support for First Nations, enhancing access to long-term, low-cost financing and promoting indigenous financial autonomy.
+40

Public and Political Behavior

November 1

The legislative updates empower the FNFA to enhance financial management for indigenous communities, reflecting proactive public and political engagement that supports marginalized groups.

Bill C-45: First Nations Financial Management update
+35

Business Practices and Ethical Responsibility

November 1

FNFA’s enhanced mandate, including pooled borrowing and low‐cost financing, is designed to foster sustainable economic development and improved financial management for First Nations, reflecting strong ethical business practices.

Bill C-45: First Nations Financial Management update
+30

Economic and Structural Influence

November 1

The increased borrowing powers and secured lending status improve the structural financial leverage for First Nations, reducing historical barriers to financing and promoting indigenous economic autonomy.

Bill C-45: First Nations Financial Management update
JUN

20

2023

FNFA Involved in Progressive Fiscal Management Act Amendments
44.96

On June 20, 2023, amendments to the First Nations Fiscal Management Act received Royal Assent, with key First Nations-led institutions—including the First Nations Finance Authority, represented by its President and CEO, Ernie Daniels—playing a role. The reforms aim to remove barriers to First Nations economic development by enhancing financial management, revenue generation, and long-term infrastructure financing, thereby promoting Indigenous self-determination and economic reconciliation.
+70

Public and Political Behavior

April 2

The involvement of FNFA’s leadership in the legislative amendment process underscores a strong commitment to advancing Indigenous self-determination and progressive public policy. This action supports marginalized communities and contributes to anti-authoritarian, inclusive governance.

New amendments to the First Nations Fiscal Management Act receive Royal Assent
+30

Economic and Structural Influence

April 2

The amendments bolster economic infrastructure and long-term financing, which signal structural support for First Nations communities. FNFA's role in this process is a positive indicator of its commitment to enhancing economic and structural conditions for marginalized groups.

New amendments to the First Nations Fiscal Management Act receive Royal Assent
MAR

23

2023

FNFA Engages in Legislative Amendments to Enhance Indigenous Fiscal Management
65.01

On March 23, 2023, the First Nations Finance Authority, represented by its President and CEO Ernie Daniels, participated in the announcement of proposed amendments to the First Nations Fiscal Management Act. This collaborative initiative, involving First Nations-led institutions and the Government of Canada, aims to advance Indigenous self-determination, economic reconciliation, and improved financial autonomy for First Nations communities.
+80

Executive Political Engagement

April 2

The active involvement of FNFA's CEO in a legislative process aimed at reforming the First Nations Fiscal Management Act demonstrates robust executive political engagement that promotes Indigenous self-determination and economic reconciliation. This engagement serves to empower marginalized communities and counters authoritarian centralization by advocating for financial autonomy and improved governance.

Government of Canada and the First Nations-led institutions under the Act highlight new proposed legislative amendments to the First Nations Fiscal Management Act