In August 2026, the First Nations Finance Authority (FNFA) established a $1.4-billion commercial paper program. The Bank of Montreal, the Canadian Imperial Bank of Commerce, National Bank Financial Inc., RBC Dominion Securities Inc., Scotia Capital Inc., and Toronto-Dominion Bank are acting as dealers under the program.
The FNFA is a statutory not-for-profit organization that provides First Nations governments with investment options, capital planning advice and access to long-term loans at favourable interest rates.
Osler, Hoskin & Harcourt LLP acted as counsel to the FNFA in connection with the establishment of the commercial paper program with a team that included Trevor Scott, Vanessa Yee (Corporate); Martha Martindale and Emma Newbery (Financial Services).
Key Contact
Partner, Corporate, Vancouver
Team
Associate, Corporate, Vancouver
Partner, Financial Services, Vancouver
Associate, Financial Services, Vancouver