Form INTER80-005BE Band Council Resolution - Ministerial Loan Guarantee - Canada is used for obtaining a loan guarantee from the Canadian government for eligible Indigenous bands or councils. The purpose is to provide financial support to these communities for various development projects or initiatives.
Q: What is Form INTER80-005BE?
A: Form INTER80-005BE is a Band Council Resolution for obtaining a Ministerial Loan Guarantee in Canada.
Q: What is a Band Council Resolution?
A: A Band Council Resolution is a formal document issued by an Indigenous band council to make decisions and take actions on behalf of the band.
Q: What is a Ministerial Loan Guarantee?
A: A Ministerial Loan Guarantee is a guarantee provided by the Canadian government to secure a loan for an Indigenous band.
Q: Why would an Indigenous band need a Ministerial Loan Guarantee?
A: An Indigenous band may need a Ministerial Loan Guarantee to obtain financing for community development projects, infrastructure improvements, or economic development initiatives.
Q: What is the purpose of Form INTER80-005BE?
A: The purpose of Form INTER80-005BE is to request a Ministerial Loan Guarantee by submitting a Band Council Resolution.