Business and Reconciliationiss

First Nations Protocol Agreement

Why?
May 31, 2019 – First Nations Finance Authority, Financial Management Board, First Nations Tax Commission and First Nations Lands Advisory Board created The First Nations Protocol Agreement near the close of a two-day conference which attracted more than 350 delegates representing 120 First Nations from across Canada.  Participants in the “First Nations Leading the Way” National Meeting heard First Nations representatives share success stories and how to use the tools provided in the First Nations Fiscal Management Act and the Framework Agreement on First Nation Land Management to bring health and prosperity to their communities. The four organizations pledged in the Protocol to work closely together and with First Nations to generate sustainable economic growth through greater fiscal independence, improved financial management, greater access to financing, and sound land governance.
“Ultimately, these steps will allow First Nations to break free from many of the restrictions of the Indian Act and support higher standards of community well-being.” Harold Calla, Executive Chair, Financial Management Board
Comment
June 21, 2019 – Under the Indian Act, First Nations people do not have legal title to their own land; instead legal title is held by the government. Because of this, First Nations people who currently live on reserve lands do not enjoy the same property rights as every other Canadian. On-reserve members are unable to earn equity on their home, use it as a collateral to borrow money, sell their land to whomever they choose or bequest their wealth to their children. The FMA was fought for and led by First Nations to enable Nations to raise and leverage their revenues like other levels of the government. Therefore, if a community needs funding to implement their community development plans, build a school or address a community crisis, they would not have to wait for Minister of Indigenous Services Canada to step in.
274 First Nations have chosen to participate and have opted into the FMA. Through the pathway made available by the FMA, approximately 800 Million dollars have been financed on social and economic development projects among First Nations communities and roughly 6,000 jobs have been created from Coast-to-Coast-to-Coast.
The FMA is the first of its kind in the world and the most successful legislation to date that allows First Nations in Canada to access capital markets and interact like other levels of government, thereby leveling the playing field for First Nations governments. (FMB)

Canadian Council for Aboriginal Business

Why?
Progressive Aboriginal Relations program (PAR). PAR logo commitment signals to communities that the companies are good business partners, great places to work and are committed to prosperity in Aboriginal communities
Comment
As of Nov. 30, 2019 – 
·       19 Gold, 
·       2 Silver, 
·       15 Bronze and 
·       67 Committed. 
The four PAR drivers are: 
1.      leadership actions, 
2.      employment, 
3.      business development, and 
4. community relationships

Canadian Council for Aboriginal Business

Why?
Supply Change
Over three years, CCAB’s Aboriginal Procurement Strategy aims to create an unprecedented, national approach to Aboriginal procurement by developing the largest membership of corporations committed to increasing Aboriginal participation in corporate supply chains.
Comment
Includes Canada’s largest directory of Certified Aboriginal Businesses (CABs), which are independently certified as at least 51% Aboriginal owned and operated. In the past year, the directory grew by 97% and today there are 276 CAB companies listed. 
As of Nov. 30, 2019, fifty-seven corporations have joined Supply Change as Aboriginal Procurement Champions

IndigenousWorks

Why?
A nine-point inclusion framework designed to review organizational workplace inclusion competencies, helps build more effective partnerships with Indigenous people, businesses and communities, and climb a seven-stage Inclusion Continuum.
Comment
The Indigenous Works team has the expertise to guide companies/organizations through a personalized three-stage process (A. Diagnostics, B. Strategy, C. Implementation that will help your employees improve their Indigenous workplace inclusion competencies and performance.

The Canadian Aboriginal and Minority Supplier Council (CAMSC)

Why?
Since its inception in 2004, corporate members have spent more than $3.3 billion with CAMSC certified Aboriginal and minority-owned businesses
Comment
Vision is to champion business relationships and economic growth of the Canadian supply chain through the inclusion of Aboriginals and Minority suppliers

Indigenomics (with The Canadian Association of Aboriginal Business, National Aboriginal Capital Corporation and National Aboriginal Trust Officers Association)

Why?
Leading a national Indigenous economic agenda to facilitate the growth of the Indigenous economy from its current value of 32 billion to 100 billion in five years
Comment
The institute facilitates positive leadership and relationships to support the growth and development of Indigenous economies. The Indigenomics Institute works with Nations, organizations, governments and private industry to strengthen Indigenous economic capacity. 

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