The Budget 2024/2025 Quick Summary of Opportunities
Budget 2024/2025 outlines significant investments aimed at supporting Indigenous communities across Canada. Here's a comprehensive summary of the new funding allocations proposed:
Support for Indigenous Youth and Education:
• An additional $12.5 million over two years to support the Indigenous Youth Roots organization.
• $649.4 million over two years to enhance elementary and secondary education on reserves.
• $545.1 million over three years for K-12 infrastructure improvement.
• $242.7 million over three years to enhance access to post-secondary education through the Post-Secondary
Student Support Program
• $5.2 million over two years to support the Dechinta Centre for Research and Learning in the Northwest Territories.
Community and Family Services:
• $1.8 billion over 11 years to support communities under the Act respecting First Nations, Inuit and Métis children, youth, and families.
• $167.5 million over two years to ensure Inuit children access necessary services.
Language and Cultural Support:
• $225 million over five years for Indigenous languages programs.
• $65 million over five years to support the Indigenous Screen Office.
Urban Indigenous Support:
• $60 million over two years to support Friendship Centres providing various community services.
Indigenous Self-Determination and Economic Development:
• $96.4 million over two years for advancing rights-based discussions and treaties.
• $275 million over two years for Indigenous Governance and Capacity programs.
• $12.6 million over two years for advancing a New Fiscal Relationship with First Nations.
• Up to $5 billion in loan guarantees under the new Indigenous Loan Guarantee Program.
• $350 million over five years to support Indigenous Financial Institutions and economic opportunities.
Health and Safety:
• $2 billion over ten years for a distinctions-based Indigenous Health Equity Fund.
• $630.2 million over two years for Indigenous mental health services.
• $167.6 million over five years to combat anti-Indigenous racism in health care.
• $23.2 million for Nutrition North Canada and $101.1 million for supporting food security initiatives.
Justice and Policing:
• $87 million over five years for Indigenous justice programming.
• $267.5 million over five years for the First Nations and Inuit Policing Program.
These funding allocations aim to address a range of issues from education, health, economic development, cultural preservation, to policing and justice, all aimed at enhancing self-determination and quality of life for Indigenous communities in Canada.These envelopes are a huge opportunity moving forward to access funding for key priority projects. Feel free to connect with us surrounding the various envelopes to discuss next steps.
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