Canada Backs $715 Million Loan for Indigenous Nuclear Stake – Energy Now

June 24, 2026

Canada will make a $715 million loan guarantee to a group of seven First Nations so they can buy a stake in a large nuclear project east of Toronto, according to a person with knowledge of the matter.

Finance Minister François-Philippe Champagne is set to announce an Indigenous loan guarantee Tuesday that will enable the Williams Treaties First Nations to own a significant minority interest in the Darlington New Nuclear Project, said the person, who was not authorized to speak publicly.

Read More: https://energynow.ca/2026/06/canada-backs-715-million-loan-for-indigenous-nuclear-stake/