Newfoundland and Labrador Municipal Financing Corporation

Newfoundland and Labrador Municipal Financing Corporation (NMFC) is a Crown agency with a primary mandate to provide long-term capital financing to municipalities. The Province is no longer actively using NMFC as a vehicle to provide financing to municipalities and the Corporation is in the process of winding up operations. NMFC will continue to collect loan receivables and repay outstanding debt until the final debt maturity in 2020. All outstanding debt is guaranteed by the Province.