Kainai Marketplace open for business

Monday, December 5th, 2016 5:21pm


Image Caption

Blood Tribe Chief Roy Fox speaks with Indigenous Relations Minister Richard Feehan at the official opening of the Kainai Marketplace on Dec. 2. Photo supplied by Alberta Indigenous Relations

A new community-owned grocery store is bringing fresh, healthy food and 24 new jobs to the Blood Tribe community.

The $6.2-million Kainai Marketplace is the only grocery store on the Blood Reserve. The province contributed $1.5 million to Kainai Marketplace through a pilot program that has since become the Aboriginal Business Investment Fund. The Blood Tribe also contributed $1.5 million and is covering the remaining costs through third-party financing.

“The Kainai Marketplace is an example of how positive collaboration between the Blood Tribe and Alberta can get a positive result towards a community need,” said Blood Tribe Chief Roy Fox.

The Aboriginal Business Investment Fund provides capital funding to Indigenous-owned businesses that are breaking ground on construction or close to starting operations. Last year, the fund provided $5 million for eight projects across the province. Alberta has earmarked another $5 million for the fund this year.