Alberta Indigenous Opportunities Corporation – Chief Executive Officer

The Alberta Indigenous Opportunities Corporation (AIOC) was created to enable greater Indigenous community investment in medium to large-scale natural resource projects that benefit Indigenous communities and the Alberta economy. Many Indigenous communities see sustainable resource development as a key to their prosperity, however, barriers such as access to capital continue to impede their participation. The AIOC bridges the gap between Indigenous groups wanting to be commercial partners in natural resources sectors and their financial capacity. With a pledged financial backstop of up to $1 billion in Indigenous Investments, the AIOC will reduce the cost of capital for Indigenous groups and support their ability to raise capital to invest in resource projects. More specifically, the AIOC will make loan guarantees ranging between $20 million and $250 million per project, with the loan proceeds to be used by Indigenous partners to acquire equity stakes in low-risk projects, initiatives, or companies.

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