B.C. plans $150-million in loan guarantees for private landowners in Cowichan title area

British Columbia Premier David Eby says his government plans to offer private owners of land in the Cowichan Aboriginal title area more than $150-million in loan guarantees, amid fears about the impact of the landmark ruling on their financing.

He says the fund could include $100-million in guaranteed financing for Montrose Properties, the biggest private owner in the Aboriginal title area, and a further $54-million for smaller owners.