{"id":9886,"date":"2012-07-11T00:16:00","date_gmt":"2012-07-11T00:16:00","guid":{"rendered":"https:\/\/fnfa.dev5.oracastdev.com\/?p=9886"},"modified":"2012-07-11T00:16:00","modified_gmt":"2012-07-11T00:16:00","slug":"membertou-first-nation","status":"publish","type":"post","link":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/","title":{"rendered":"Membertou First Nation"},"content":{"rendered":"\n<p class=\"has-medium-font-size\"><strong>Media Release<\/strong><br>Another \u2018first\u2019 for Membertou First Nation<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><br>Membertou, NS \u2013 July 11, 2012 \u2013 Membertou First Nation has become the first Aboriginal government to secure long-term financing through the First Nation Finance Authority (FNFA). After completing the requirements in the Fiscal and Statistical Management Act, Membertou was approved for a 10 million dollar repayable loan to build new infrastructure within the community.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><br>\u201cThe First Nations Finance Authority (FNFA), established under the Fiscal and Statistical Management Act, is very pleased to announce that it has made its inaugural loan to the community of Membertou,\u201d says FNFA CEO and President, Ernie Daniels. He continues, \u201cThrough the dedicated leadership by Membertou\u2019s Chief and Council, and hard work by a very capable and diligent staff, Membertou is the first Aboriginal community in Canada to complete the requirements in the Fiscal and Statistical Management Act that allowed the First Nation to request a loan from the FNFA.\u201d<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><br>In past years the laws that restricted Aboriginal government\u2019s access to long-term financing made it difficult to advance in the business world. In securing this financing, Membertou will now be playing on a more level playing field with the global business community with fewer barriers and restrictions. This inaugural financing option will allow for Membertou to overcome the only option they had in the past; high interest\/high risk borrowing.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><br>Hon. John Duncan, Minister of Aboriginal Affairs and Northern Development Canada, says, \u201cIt is our hope that this will allow First Nations in Canada to advance economic development in their communities, and to be full participants in the Canadian economy.\u201d<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><br>FNFA funded Membertou\u2019s loan request through its Interim Long Term Financing program, and the interest rate to Membertou should remain around the 2.50% until such time as enough other First Nations also complete the FSMA processes to request FNFA loans.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><br>\u201cThis is great news for Membertou,\u201d says Chief Terry Paul. \u201cWith this financing we are able to set an example in economic development for other First Nation communities, and it enables us to conduct business operations in a similar format as other businesses, in both the public and private sectors, because of the long-term financing option.\u201d<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><br>The FNFA is an Aboriginal not-for-profit organization whose purpose is to provide low-rate loans, investment options, and capital planning advice to First Nation governments.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><br>For more information visit, www.fnfa.ca\/en\/index.php<br><strong>For media inquiries:<\/strong><br>Danielle Hartley, Communications Manager<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Membertou Corporate Division<\/strong><br>Office 902-429-5445 Ext. 5018 | Cell 902-237-1758<br><a href=\"mailto:daniellehartley@membertou.ca\">daniellehartley@membertou.ca<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\tAnother \u2018first\u2019 for Membertou First Nation<\/p>\n","protected":false},"author":2,"featured_media":11332,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","footnotes":""},"categories":[26],"tags":[],"class_list":["post-9886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archives"],"acf":{"title_replace":null,"banner_image":null},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Membertou First Nation - FNFA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fnfa.ca\/en\/membertou-first-nation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Membertou First Nation - FNFA\" \/>\n<meta property=\"og:description\" content=\"Another \u2018first\u2019 for Membertou First Nation\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fnfa.ca\/en\/membertou-first-nation\/\" \/>\n<meta property=\"og:site_name\" content=\"FNFA\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/theFNFA\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-07-11T00:16:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/fnfa.ca\/wp-content\/uploads\/2026\/02\/fnfa-logo.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1500\" \/>\n\t<meta property=\"og:image:height\" content=\"1500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Stephen Blancher\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stephen Blancher\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/membertou-first-nation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/membertou-first-nation\\\/\"},\"author\":{\"name\":\"Stephen Blancher\",\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/#\\\/schema\\\/person\\\/b89f7d65fcf406abcbdf8c5a8c07dd1d\"},\"headline\":\"Membertou First Nation\",\"datePublished\":\"2012-07-11T00:16:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/membertou-first-nation\\\/\"},\"wordCount\":413,\"publisher\":{\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/membertou-first-nation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/fnfa.ca\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Blog-02.jpg\",\"articleSection\":[\"Archives\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/membertou-first-nation\\\/\",\"url\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/membertou-first-nation\\\/\",\"name\":\"Membertou First Nation - FNFA\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/membertou-first-nation\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/membertou-first-nation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/fnfa.ca\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Blog-02.jpg\",\"datePublished\":\"2012-07-11T00:16:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/membertou-first-nation\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/fnfa.ca\\\/en\\\/membertou-first-nation\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/membertou-first-nation\\\/#primaryimage\",\"url\":\"https:\\\/\\\/fnfa.ca\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Blog-02.jpg\",\"contentUrl\":\"https:\\\/\\\/fnfa.ca\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Blog-02.jpg\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/membertou-first-nation\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Membertou First Nation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/\",\"name\":\"FNFA\",\"description\":\"First Nations Finance Authority\",\"publisher\":{\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/#organization\",\"name\":\"First Nations Finance Authority\",\"alternateName\":\"FNFA\",\"url\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/fnfa.ca\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/fnfa-logo.webp\",\"contentUrl\":\"https:\\\/\\\/fnfa.ca\\\/wp-content\\\/uploads\\\/2026\\\/02\\\/fnfa-logo.webp\",\"width\":1500,\"height\":1500,\"caption\":\"First Nations Finance Authority\"},\"image\":{\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/theFNFA\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/fnfa.ca\\\/en\\\/#\\\/schema\\\/person\\\/b89f7d65fcf406abcbdf8c5a8c07dd1d\",\"name\":\"Stephen Blancher\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/81e7422a733e99a282024e816fc7e3d1c0a762ad3e709f0b9121bb39d41b9199?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/81e7422a733e99a282024e816fc7e3d1c0a762ad3e709f0b9121bb39d41b9199?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/81e7422a733e99a282024e816fc7e3d1c0a762ad3e709f0b9121bb39d41b9199?s=96&d=mm&r=g\",\"caption\":\"Stephen Blancher\"},\"sameAs\":[\"http:\\\/\\\/fnfa.ca\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Membertou First Nation - FNFA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/","og_locale":"en_US","og_type":"article","og_title":"Membertou First Nation - FNFA","og_description":"Another \u2018first\u2019 for Membertou First Nation","og_url":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/","og_site_name":"FNFA","article_publisher":"https:\/\/www.facebook.com\/theFNFA\/","article_published_time":"2012-07-11T00:16:00+00:00","og_image":[{"width":1500,"height":1500,"url":"https:\/\/fnfa.ca\/wp-content\/uploads\/2026\/02\/fnfa-logo.webp","type":"image\/webp"}],"author":"Stephen Blancher","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Stephen Blancher","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/#article","isPartOf":{"@id":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/"},"author":{"name":"Stephen Blancher","@id":"https:\/\/fnfa.ca\/en\/#\/schema\/person\/b89f7d65fcf406abcbdf8c5a8c07dd1d"},"headline":"Membertou First Nation","datePublished":"2012-07-11T00:16:00+00:00","mainEntityOfPage":{"@id":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/"},"wordCount":413,"publisher":{"@id":"https:\/\/fnfa.ca\/en\/#organization"},"image":{"@id":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/#primaryimage"},"thumbnailUrl":"https:\/\/fnfa.ca\/wp-content\/uploads\/2024\/09\/Blog-02.jpg","articleSection":["Archives"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/","url":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/","name":"Membertou First Nation - FNFA","isPartOf":{"@id":"https:\/\/fnfa.ca\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/#primaryimage"},"image":{"@id":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/#primaryimage"},"thumbnailUrl":"https:\/\/fnfa.ca\/wp-content\/uploads\/2024\/09\/Blog-02.jpg","datePublished":"2012-07-11T00:16:00+00:00","breadcrumb":{"@id":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fnfa.ca\/en\/membertou-first-nation\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/#primaryimage","url":"https:\/\/fnfa.ca\/wp-content\/uploads\/2024\/09\/Blog-02.jpg","contentUrl":"https:\/\/fnfa.ca\/wp-content\/uploads\/2024\/09\/Blog-02.jpg","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/fnfa.ca\/en\/membertou-first-nation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fnfa.ca\/en\/"},{"@type":"ListItem","position":2,"name":"Membertou First Nation"}]},{"@type":"WebSite","@id":"https:\/\/fnfa.ca\/en\/#website","url":"https:\/\/fnfa.ca\/en\/","name":"FNFA","description":"First Nations Finance Authority","publisher":{"@id":"https:\/\/fnfa.ca\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fnfa.ca\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fnfa.ca\/en\/#organization","name":"First Nations Finance Authority","alternateName":"FNFA","url":"https:\/\/fnfa.ca\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fnfa.ca\/en\/#\/schema\/logo\/image\/","url":"https:\/\/fnfa.ca\/wp-content\/uploads\/2026\/02\/fnfa-logo.webp","contentUrl":"https:\/\/fnfa.ca\/wp-content\/uploads\/2026\/02\/fnfa-logo.webp","width":1500,"height":1500,"caption":"First Nations Finance Authority"},"image":{"@id":"https:\/\/fnfa.ca\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/theFNFA\/"]},{"@type":"Person","@id":"https:\/\/fnfa.ca\/en\/#\/schema\/person\/b89f7d65fcf406abcbdf8c5a8c07dd1d","name":"Stephen Blancher","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/81e7422a733e99a282024e816fc7e3d1c0a762ad3e709f0b9121bb39d41b9199?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/81e7422a733e99a282024e816fc7e3d1c0a762ad3e709f0b9121bb39d41b9199?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/81e7422a733e99a282024e816fc7e3d1c0a762ad3e709f0b9121bb39d41b9199?s=96&d=mm&r=g","caption":"Stephen Blancher"},"sameAs":["http:\/\/fnfa.ca"]}]}},"fimg_url":"https:\/\/fnfa.ca\/wp-content\/uploads\/2024\/09\/Blog-02.jpg","_links":{"self":[{"href":"https:\/\/fnfa.ca\/en\/wp-json\/wp\/v2\/posts\/9886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fnfa.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fnfa.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fnfa.ca\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fnfa.ca\/en\/wp-json\/wp\/v2\/comments?post=9886"}],"version-history":[{"count":0,"href":"https:\/\/fnfa.ca\/en\/wp-json\/wp\/v2\/posts\/9886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fnfa.ca\/en\/wp-json\/wp\/v2\/media\/11332"}],"wp:attachment":[{"href":"https:\/\/fnfa.ca\/en\/wp-json\/wp\/v2\/media?parent=9886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fnfa.ca\/en\/wp-json\/wp\/v2\/categories?post=9886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fnfa.ca\/en\/wp-json\/wp\/v2\/tags?post=9886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}