Our History

Our history began in 1992 when a group of First Nation leaders envisioned a non-profit Indigenous-owned and controlled institution.  Their concept was to provide all First Nations and Indigenous governments, with the same financial instruments that other levels of government in Canada have at their disposal to build safe, healthy, and prosperous communities.

In 2005, FNFA was given Royal Assent under the First Nations Fiscal Management Act (FNFMA).  The Act was amended in 2011 by the Financing Secured by Other Revenues Regulations. The Act and the Regulations mandated the FNFA to raise financing (short-term and long-term) for its Borrowing Members. FNFA is a non-profit authority whose membership is open to all First Nations across Canada.

Our Mandate

Our mandate as set out in the First Nations Fiscal Management Act and related Regulations, is to provide financing, investment, and advisory services for those First Nation governments across Canada that voluntarily schedule to our Act.