23
Mar
Calgary (Rajeev Sharma): Budget 2025, if passed, provides $10 million in annual funding for the Aboriginal Business Investment Fund (ABIF) to help community-owned Indigenous businesses buy or upgrade the equipment and infrastructure they need to create jobs and contribute to sustainable, thriving communities. Since it launched in 2014, the ABIF program has supported more than 105 community-owned businesses with more than $58 million in capital grants, helping create almost 1,000 jobs for Indigenous people in Alberta. Between 2022 and 2024, Alberta’s government doubled annual ABIF funding from $5 million to $10 million, leading to a record number of ABIF grants…