AFOA Canada launches a new certification program aimed at closing the infrastructure gaps facing Indigenous communities.Canadian Business Journal

New Program Created in Collaboration with TD Bank Group and Canadian Infrastructure Bank

OTTAWA, Nov. 10, 2022 (GLOBE NEWSWIRE) — AFOA Canada collaborates with the Canadian Infrastructure Bank (CIB) and TD Bank Group (TD) on a project to strengthen the structuring and management capacity of indigenous peoples and communities Developed a finance certification program. Large infrastructure projects. Sponsored by CIB and TD and developed by AFOA Canada with a focus on project financing, the new certification program includes modules focused on risk management and project financing, contracting and asset maintenance.

Indigenous communities face challenges of limited human and financial resources and capacities, and high demand for delivering programs and services. The accredited program helps indigenous communities better understand project finance for large-scale infrastructure projects and gives participants the confidence to work with external consultants. This program will help build the capacity of Indigenous communities to support future economic growth.

AFOA Canada President and CEO Terry Goodtrack said: Its journeys and certifications provide the development of those skills. This collaboration with TD Bankgroup and his CIB will allow us to train more people and address barriers to advancing Indigenous infrastructure. “

“As part of CIB’s mandate, we provide advisory services, build capacity for Indigenous participation in large-scale projects, and are committed to the Government of Canada’s path to reconciliation. AFOA Canada and TD By working with Bank Group, we support equitable access to training and educational opportunities for indigenous communities,” said Ehren Cory, CEO, Infrastructure Bank of Canada. “Enhanced project finance training will ensure that indigenous communities have the resources to access capital and develop infrastructure for his projects that prioritize local needs and deliver positive outcomes.”

Doris Baer, ​​Vice President of Indigenous Banking at TD Bank Group, said: “Through this unique accreditation program, an indigenous community expert will be able to build capacity in the key areas of his initiative at scale, which will have a direct and tangible impact on many indigenous communities. increase.”

According to the Canadian Public-Private Partnership Council, the infrastructure deficit across Canada’s First Nations is estimated at $25 billion to $30 billion.

about

AFOA Canada
enter the 23^rd Years as an Indigenous Institution, AFOA Canada is a center of excellence and innovation in Indigenous peoples management, finance, and governance. It is the only organization in Canada focused on the development and day-to-day needs of Indigenous professionals working in all areas of administration, finance, band management, leadership and program management.

AFOA Canada’s premise is that one of the keys to successful self-determination and creating a better life for Indigenous Canadians and a better future for future generations is to improve the management skills of those responsible for managing Indigenous resources. There is.

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Douglas Beaver, Director of Marketing and Communications
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Phone: (613) 722-5543

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