The Need for Stable and Secure Access to Financial Resources
First Nations in Canada require stable and secure access to financial resources to exercise necessary governmental and administrative functions, effectively protect their rights and interests and, more broadly, to pursue community and economic development opportunities that are now, increasingly, being made available.
Government funding or support should not be, but often has been, the only option available to many communities.
Risk and Risk Management
Access by First Nations to necessary financial resources has been denied or restricted largely by the inability to effectively manage or transfer the various types of actual and perceived risk attached to most financial transactions.
Structured finance techniques and various methods of alternative risk transfer, including the use of bespoke insurance products, can provide the necessary risk management tools required to make capital more accessible to First Nations and/or reduce the effective cost of that capital.