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Canada's 2024 budget allocates C$5 billion for indigenous groups to receive loan guarantees, facilitating their investments in energy projects like the Trans Mountain and Coastal GasLink pipelines. The initiative focuses on economic reconciliation, supporting energy firms and offering favorable financing terms to indigenous communities.
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How might this financial backing impact the overall development and success of energy projects led by indigenous groups?
In what other sectors or initiatives could similar financial strategies be implemented to promote economic reconciliation and diversity?
What challenges or criticisms could arise regarding the allocation of these loan guarantees to specific energy projects?
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