Featured Project
Financial close
July 2025
Project details
49 km double-circuit, 230-kV transmission line that adds approximately 400 MW to the electricity network in southwest Ontario
Project partners
Manulife, Caldwell First Nation and Hydro One
Loan Guarantee value
Up to $45 Million
First Nation(s) ownership / equity
Up to 50%
Quote(s)
“This partnership is a testament to what is possible when First Nations are meaningfully included in the economic life of their territories. It’s not just about power—it’s about empowerment.”
Chief Nikki Van Oirschot,
Caldwell First Nation
More information
The Indigenous Opportunities Financing Program (IOFP), formerly known as the Aboriginal Loan Guarantee Program (ALGP), has provided approximately $500 million in loan guarantees since its inception, supporting Indigenous equity participation in infrastructure projects.
| Fiscal Year | Project | First Nation(s) | Loan Guarantee (maximum) | Project Scale |
|---|---|---|---|---|
| 2025-2026 | Chatham–Lakeshore Transmission Line | Caldwell First Nation | $45 Million | 230 kV, double-circuit |
| 2021-2022 | Niagara Region Wind Farm | Six Nations of the Grand River | $32.2 million | 230 MW |
| 2019-2020 | Wataynikaneyap Power Transmission Project | 24 First Nations | $232 million | 230/115/44 kV |
| 2017-2018 | Peter Sutherland Sr. Generating Station | Taykwa Tagamou Nation | $17.62 million | 28 MW |
| 2016-2017 | Grand Bend Wind Project | Aamjiwnaang First Nation and Walpole Island First Nation | $28.92 million | 100 MW |
| 2015-2016 | Goulais Bay Wind Project | Batchewana First Nation | $9.61 million | 25 MW |
| 2015-2016 | Rainy River Solar | Rainy River First Nation | $17.8 million | 25 MW |
| 2014-2015 | Bruce-to-Milton Transmission Line | Saugeen Ojibway Nation (Chippewas of Saugeen & Chippewas of Nawash) | $50 million | 500 kV, double-circuit |
| 2013-2014 | Alderville Solar Project | Alderville First Nation | $3.85 million | 9 MW |
| 2013-2014 | McLean’s Mountain Wind Project | United Chiefs & Councils of Mnidoo Mnising | $20.1 million | 60 MW |
| 2011-2012 | Mother Earth Renewable Energy Project | M’Chigeeng First Nation | $8.5 million | 4 MW |
| 2011-2012 | Lower Mattagami Project (Hydro) | Moose Cree First Nation | $97.5 million | 438 MW |
