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Alberta cuts $250,000 from Indigenous business investment grant

The provincial government recently announced that applications for the Aboriginal Business Investment Fund opened on 29 June. Except they forgot to mention something.

In a release published on its website earlier this week, the provincial government announced that applications for the Aboriginal Business Investment Fund opened on 29 June.

The fund provides eligible Indigenous community-owned businesses with up to $500,000 in funding for ventures that demonstrate social and economic benefits for their communities.

This isn’t a new programme. It was implemented in the 2016–2017 budget year by the NDP government. The UCP don’t explicitly say it’s a new programme, but they don’t explicitly say it’s not. To be fair, they do list past projects that have benefitted from the funding, including a project organized by the Piikani and Kainai Nations, here in Southern Alberta.

However, one thing for certain that the UCP doesn’t say in the release is that the $500,000 maximum limit used to be $750,000. They reduced the limit by $250,000 for at least this budget year.

Oddly enough, Rick Wilson, the minister of Indigenous relations, forgot to mention that in the quote he submitted for the media release.

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By Kim Siever

I live in Lethbridge with my spouse and 5 of our 6 children. I’m a writer, focusing on political news, social issues, and the occasional poem. My politics are radically left. I recently finished writing a book debunking several capitalism myths. My newest book writing project is on the labour history of Lethbridge.

I’m also dichotomally Mormon. And I’m a functional vegetarian: I have a blog post about that somewhere around here. My pronouns are he/him, and I’m queer.

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