The Municipal Financing Corporation of Saskatchewan (MFC) was established in 1969 under the authority of "The Municipal Financing Corporation Act".  The purpose of MFC is to assist in making capital funds available for the financing of sewer and water, school, hospital, and other essential construction and local improvement projects by municipalities, school divisions and health districts.

MFC allows local authorities to minimize interest costs by offering extremely competitive interest rates and the ability to repay debt prior to maturity.  In addition, MFC offers very flexible borrowing terms that can be customized to meet the needs of the project being financed.

At December 31, 2010, MFC held more than $110 million of debentures issued by 74 local authorities.  These debentures had maturity dates ranging from 2011 through 2030. 

Municipal Financing Corporation of Saskatchewan (MFC)
6th Floor, 2350 Albert Street, Regina, SK S4P4A6
Phone: (306) 787-8150
http://www.gov.sk.ca/mfc/