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First Nation looks to develop ‘wealth fund’ for major projects investments
The fund aims to overcome fragmented funding and high interest rates, enabling First Nations to invest in projects and reinvest returns into community infrastructure, a growing national trend.
- On Nov. 24, 2025, the Chippewas of the Thames First Nation proposed the First Nations Sovereign Wealth Fund to ease Indigenous investment and reduce reliance on government programming by pooling First Nations, private investors, and government capital.
- A concept paper argues existing First Nation funding and loan-guarantee programs are fragmented and risk-averse, while under the Indian Act, reserve lands cannot be used as collateral and Ottawa's Major Projects Office has referred 11 projects amid new laws by Ontario and federal governments.
- The proposal would start with Ontario First Nations and could scale nationally as Chief Joe Miskokomon said, `What we're saying is the banks don't need to have as much as a say as they do,' while existing trusts and their governance remain risk-averse.
- If adopted, the fund could let First Nations more easily invest and decide on projects, generating own-source revenue for community priorities like water and housing while seeking provincial and federal governments' endorsement.
- The proposal joins a growing national trend as majority-Indigenous firms like Cedar Leaf Capital and First Nations Financial Markets emerge, while First Nations critics warn accelerated project laws risk rights and protests.
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15 Articles
15 Articles
The Chippewas First Nation of Thames, Ontario, wants to move forward quickly with major projects.
·Montreal, Canada
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First Nation looks to develop 'wealth fund' for major projects investments
OTTAWA — A First Nation in Ontario is looking to create what it’s calling a “sovereign wealth fund” to bypass government and move major projects forward faster with Indigenous participation. The First Nations Sovereign Wealth Fund, proposed by Chippewas of the Thames First Nation in southwestern Ontario, seeks to make it easier for First Nations […]
·Toronto, Canada
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Coverage Details
Total News Sources15
Leaning Left8Leaning Right0Center1Last UpdatedBias Distribution89% Left
Bias Distribution
- 89% of the sources lean Left
89% Left
L 89%
11%
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