Based on our research, advice received from experts during the engagement process, and our own experiences, the FNII DB has identified six principles and 16 purposes.
- FNII’s design will continue to be directed and controlled by First Nations;
- FNII will be optional and respect the right of self-determination;
- FNII will work with and support existing First Nation infrastructure institutions and other possible partners to help First Nations build more sustainable infrastructure.
- FNII will be a national institution;
- FNII will be an FMA institution; and
- FNII will support First Nations to implement their infrastructure jurisdiction and support projects that increase economic and fiscal benefits.
Preliminary Purposes include:
- Assist First Nations to build more economically and fiscally sustainable infrastructure;
- Support First Nations to exercise their jurisdiction over infrastructure;
- Work to deliver secure, stable, long-term infrastructure transfers;
- Develop formulas and processes for effective and efficient infrastructure funding;
- Support long-term infrastructure financing;
- Help to transition ownership of infrastructure to First Nations;
- Support aggregations or nation groupings to achieve economies of scale;
- Promote understanding of infrastructure’s linkage with economic and fiscal sustainability;
- Provide support for the implementation of standards and laws;
- Assess infrastructure project readiness and support infrastructure planning;
- Develop training programs and build capacity and administrative efficiencies;
- Support more integrated infrastructure planning;
- Work with the FMA institutions to support improvements throughout the project lifecycle;
- Advocate for new revenue streams within an improved fiscal framework;
- Assess infrastructure risks and develop risk management strategies; and
- Achieve administrative efficiencies.