Alberta Capital Finance Authority
Maximum terms of loans for various projects are prescribed in the Authority's resolution relating to the terms and conditions for lending money to shareholders. Funds are advanced to borrowers in exchange for debentures. Loans to shareholders are secured by debentures repayable in semi annual instalments.
The Authority issues various debt obligations to obtain the funds necessary to finance loan requirements. These obligations of the Authority carry the unconditional guarantee of the Province of Alberta.
See also: Ten-Year Loan Reviews, published in our Annual Reports.