The Globe and Mail reports in its Saturday, Oct. 7, edition that Ottawa is facing new calls to launch an indigenous loan guarantee program, and Enbridge chief executive officer Greg Ebel is championing the investment backstop as a way to promote reconciliation and help finance the global energy transition. The Globe's Andrew Willis writes that Mr. Ebel said indigenous communities want to improve their standard of living by investing in major projects, but are crimped by a lack of capital. In a speech Friday Mr. Ebel said federal loan guarantees would pave the way for indigenous participation in pipelines and numerous other national projects, including mining of critical minerals and electricity transmission networks. He said, "We need to see political courage." With Ottawa offering a backstop, he said banks would be far more willing to lend to indigenous groups. Mr. Ebel added, "Only the federal government can offer indigenous groups the loan guarantees they need on projects with interprovincial or national scope." Ottawa's resistance to an indigenous loan guarantee program is rooted in a desire to avoid being seen as backing further investment in conventional oil and gas projects, Mr. Ebel said.