The Manufacturers Life Insurance Company's financing of Southwest Indigenous Transmission Limited Partnership’s equity investment in Chatham X Lakeshore Limited Partnership

On July 2, 2025, The Manufacturers Life Insurance Company completed their financing of Southwest Indigenous Transmission Limited Partnership’s equity investment in Chatham X Lakeshore Limited Partnership (“CXL LP”) to facilitate Caldwell First Nation’s (“Caldwell”) and other participating First Nation’s, investment in the Chatham to Lakeshore Transmission Line. This investment is made through Northwind Business Development LP, Caldwell’s business development arm, in connection with a 50-50 First Nation Equity Partnership with Hydro One and other Anishnaabe First Nations. It is also supported by a loan guarantee from the provincial Indigenous Opportunities Financing Program.

This project will strengthen electricity reliability and drive economic development in southwestern Ontario, while encouraging Indigenous economic reconciliation and infrastructure partnership.

McCarthy Tétrault advised The Manufacturers Life Insurance Company with a team led by Lynn Parsons and Jacob Stone that included Kristin Dosen and Krista Trescher (Financial Services).