Drumbeats - Canadian Indigenous Investment Podcast

Our conversation explores Prime Minister Mark Carney's announcement of five nation-building projects generating $60 billion for the Canadian economy, supported by eleven Indigenous leaders with exceptional credentials appointed to the Indigenous Advisory Council. Rob details how these transformative initiatives, from LNG Canada's Phase Two expansion doubling liquefied natural gas production in Kitimat to the Darlington New Nuclear Project's small modular reactor development, create launching pads for equity ownership and responsible resource management through meaningful Indigenous participation.The five designated projects include LNG Canada's Phase Two in Kitimat, British Columbia, doubling production capacity; the Darlington New Nuclear Project in Clarington, Ontario, pioneering small modular reactor technology; the Contrecoeur Terminal Container Project expanding Montreal's port infrastructure; the McIlvenna Bay Foran Copper Mine Project in Saskatchewan; and the Red Chris Mine expansion in northwestern British Columbia. Each project embeds Indigenous economic participation as fundamental to approval and development processes.

Our conversation explores specific multi-billion dollar projects, including the Grays Bay Road and Port development and the Kivalliq Hydrofibre Link, designed to open mineral corridors and transform energy infrastructure. President Obed details how these nation-building initiatives create launching pads for natural resource extraction whilst maintaining environmental standards and Indigenous rights protection.Key insights include the strategic importance of Arctic sovereignty investments, the role of development corporations in facilitating partnerships, and how efficiency improvements in environmental assessments are accelerating project timelines without compromising standards. This conversation reveals why going "through the front door" with Indigenous partners isn't just ethical, it's the pathway to successful returns in Canada's emerging Arctic economy.

Michael Bonshor, CPA, CMA, and newly appointed board chair of the Canadian Indigenous Loan Guarantee Corporation (CILGC), discussed the organisation's role in providing enabling affordable capital for Indigenous Nations. The CILGC, initially funded at $5 billion, was expanded to $10 billion by Prime Minister Mark Carney. With one deal completed and a number of applications received, the CILGC aims to support Indigenous economic opportunities across sectors. The CILGC's mandate now includes all sectors except gaming, and it plans to collaborate with other loan guarantee programmes to maximise funding utilisation.

Thomas Benjoe, CEO of Flowing River Capital, discusses how Canada’s first Indigenous-led private equity fund fuels investment.In this interview, he outlines the firm’s strategy to acquire and Indigenise strong businesses aligned with procurement commitments, unlocking billions in opportunities. Learn how Flowing River Capital combines Indigenous and non-Indigenous expertise, has already secured $35 million with a target of $100 million, and is trailblazing a new model for growth.Discover insights on building sustainable Indigenous-owned enterprises, leveraging procurement policies, and why economic reconciliation is central to investment success.

CWEIC drives trade across Commonwealth nations, linking rich countries like Australia and the UK with global markets and Indigenous innovation.In this episode of Drumbeats podcast, co-chairs Mark Magnacca and Robert Brant speak with Samantha Cohen, CVO, OBE, Chief Executive of the Commonwealth Enterprise and Investment Council.Cohen reveals the 21% Commonwealth trade advantage and why Canada is missing out on the world's fastest-growing economic network. Go behind the scenes of the Commonwealth Enterprise and Investment Council (CWEIC) as Samantha Cohen reveals how this remarkable self-funded organisation facilitates trade and investment. As the practical business arm of the Commonwealth, CWEIC operates independently from government policy, maintaining 13 global hubs from United Kingdom to Malta to Cyprus.

Preview the priorities, themes, and strategic direction of Summit 2026, from critical minerals to Arctic defence, energy, and infrastructure. In this episode of the Drumbeats podcast, Co-Chair Mark Magnacca offers a preview of what’s ahead at the 2026 Summit, a platform where Indigenous leadership and institutional capital converge.Building on our previous episode’s examination of Bill C-5, which strengthens the recognition of Indigenous rights and governance, this episode shows how these shifts are actively reshaping investment priorities, project design, and capital flows across Canada.

Indigenous-led finance meets institutional capital: FNFA's Jody Anderson reveals how First Nations are reshaping Canada's investment landscape.In this episode of the Canadian Indigenous Investment Summit podcast, co-chairs Mark Magnacca and Robert Brant speak with Jody Anderson, Vice President of Partnerships, Strategy & Public Affairs at the First Nations Finance Authority. A proud Anishinaabe kwe from Treaty 3 and member of Couchiching First Nation, Jody leads transformative work in advancing Indigenous-led economic growth across Canada. Jody shares insights from her leadership role designing high-impact initiatives and establishing trust-based relationships with First Nations committed to infrastructure development and financial self-determination.

Mark Carney's policy influence meets Bill C-5: How regulatory shifts are reshaping Indigenous-corporate investment partnerships in Canada.In this episode of the Canadian Indigenous Investment Summit podcast, co-chairs Mark Magnacca and Robert Brant examine Prime Minister Mark Carney's The Building Canada Act Bill C-5 and Canada's changing investment landscape. The legislation allows federal fast-tracking of major infrastructure projects by bypassing traditional regulations, a direct response to Trump's tariff threats, yet faces serious Indigenous opposition and ongoing legal challenges that create complex investment considerations.

Chana Martineau, CEO of the Alberta Indigenous Opportunities Corporation, joins Co-Chairs Mark Magnacca and Robert Brant to discuss how Indigenous communities are leading major investments in Alberta’s key sectors. With over 30 years in finance, Chana shares her insights on economic reconciliation, inclusive leadership, and building long-term partnerships across industries.

Matt Jamieson, CEO of Six Nations of the Grand River Development Corporation, shares how Canada’s largest First Nation is generating transformational economic returns through Indigenous-led enterprise. Since its founding in 2015, the corporation has delivered $295 million in direct community benefits and led landmark projects like the Ontario Oneida Energy Storage Project, a $700 million, 250 MW facility that advances Canada’s net-zero goals. Learn how strong governance, community engagement, and visionary leadership are powering a sustainable future.

Join Brendan Bell, CEO of West Kitikmeot Resources Corp, as he outlines the strategic vision behind the Grays Bay Road and Port Project, a $1 billion infrastructure development in Nunavut designed to transform Canada’s Arctic frontier.Spanning 230 km and featuring a deep-water port, the project aims to reduce the high cost of living in the North, generate employment, and stimulate economic development. It also carries geopolitical weight, aligning with NATO objectives and reinforcing Canadian sovereignty in the Arctic.With strong interest from the federal government and Indigenous communities, the project is seeking investment and security user commitments to move forward.

The First Nations Financial Management Board (FMB) is helping Indigenous communities unlock economic opportunity through strategic capacity development and financial empowerment. In this discussion, Scott Munro reveals how FMB supports First Nations in building strong governance, accessing capital, and forming transformative partnerships, like the groundbreaking 50% acquisition of Clearwater Seafoods by Mi’kmaq First Nations in partnership with Premium Brands Holdings Corporation. Watch this insightful discussion to learn how this successful deal opened doors to Indigenous ownership and investment in Canada’s economy.

Learn how Chief Sky-Deer led her community to a historic energy agreement with Hydro-Québec during a time of restructuring. From navigating regulatory hurdles with the New York State Energy Research and Development Authority (NYSERDA) to addressing environmental justice concerns, her leadership has built a historic path to Indigenous equity. This unprecedented deal grants her Nation a 10% equity stake, with the option to grow to 49%, in a major infrastructure project.

Marissa Nobauer, Director of Reconciliation, Community Engagement & External Relations at TELUS, and Carol Anne Hilton, CEO and Founder of the Indigenomics Institute and a distinguished member of TELUS’ Indigenous Advisory Council (IAC) explore how corporate Canada is rethinking reconciliation through action.The IAC was established to embed reconciliation into TELUS’ corporate strategy, guided by ongoing input from Indigenous leaders and subject matter experts. Recognising the diverse needs of Indigenous communities, this council ensures TELUS’ commitments are both principled and actionable, creating a framework of community-driven accountability. This discussion offers critical insight into how Indigenous partnership models are reshaping priorities, corporate governance, and long-term investment value in Canada.

Barbara McKenzie, CEO of the Métis Settlements Development Corporation (MSDC), shares how Indigenous-led investment is reshaping capital markets. With a focus on growth-stage, cash-positive ventures, MSDC is advancing long-term economic sustainability across all eight Métis settlements, while creating majority-Indigenous partnerships with non-Indigenous firms. For institutional investors seeking impact-aligned returns with commercial fundamentals, this conversation offers a rare window into an evolving frontier.

Tabatha Bull, President & CEO at Canadian Council for Indigenous Business (CCIB), discusses how community involvement in projects, particularly through revenue-sharing and capacity-building, enables communities to reinvest in both local and broader initiatives while participating as business stakeholders. She highlights renewable energy projects in Ontario as a key example, where policy incentives promote Indigenous participation by offering higher payments per kilowatt under power purchase agreements, encouraging First Nations partnerships and investment in sustainable development.

Senator PJ Prosper, a Mi’kmaw Senator representing Nova Scotia, shares insights from his first 100 days in Parliament and his national listening tour across Mi’kma’ki. Guided by his ReconciliACTION Report, Senator Prosper outlines seven clear priorities that align with Canada’s economic and housing goals while centring Indigenous voices in national policy. This was the outcome of his recent Listening Tour, where he met with over 1,700 individuals across Mi’kmaw territory known as Mi’kma’ki. This vast region stretches from Newfoundland to the Gaspé region of Québec, encompassing all of Newfoundland, Nova Scotia, and Prince Edward Island, as well as parts of New Brunswick and Québec. For global investors, including asset managers, corporates, and sovereign wealth funds, this conversation provides valuable insights into how capital can be aligned with Indigenous-led priorities in Canada. As Indigenous Nations play an increasingly strategic role in economic development, understanding these dynamics is key to building responsible, long-term partnerships in one of the world’s most stable and resource-rich markets.

Chief Derek Epp, Chairperson of the First Nations Finance Authority (FNFA) outlines how the organisation issued a $650 million debenture in January 2025 and raised over $1.3 billion within just 15 months. The FNFA model is opening new doors for Indigenous communities to access large-scale capital, take ownership of resource and renewable energy projects, and build long-term economic strength.UK investors can take note of how FNFA reduces risk through pooled borrowing and stable revenue streams rather than relying on traditional collateral. This approach offers a practical framework for supporting infrastructure and community-led projects while maintaining financial discipline.The FNFA story offers a clear example of how rethinking access to capital can lead to resilient investments and lasting economic impact.

Hon. Greg Rickford, Ontario’s Minister of Indigenous Affairs and First Nations Economic Reconciliation, highlights the province’s rising importance in Canada’s energy and mining future. While Ontario already produces around 50% of the country’s gold, the focus is now shifting to its vast potential in critical minerals, key to global electrification and clean technology. With the Ring of Fire emerging as a major strategic resource, Ontario is poised to play a significant role in Canada’s and the world's energy transition and economic diversification.

Sean Willy, President & CEO of Des Nedhe Group shares his insights into how First Nations like English River are driving economic growth through strategic diversification. In this discussion, he explores Des Nedhe Group’s bold initiatives, from acquiring majority stakes in key industries to building a strong portfolio of construction, mining, and energy partnerships. With operations that include potash mines, nuclear facilities like Bruce Power and Port Hope, and even 200,000 acres of mineral rights in West Virginia, Des Nedhe is redefining Indigenous-led business success on a global scale.

Jaimie Lickers, CIBC’s Senior Vice President of Indigenous Markets shares how her work is helping Indigenous communities build lasting economic strength. With over $27 billion in trust assets now under management, CIBC holds the largest Indigenous trust portfolio in Canada. She also opens up about a brand-new partnership with Longhouse Capital, and how this collaboration is changing the game.

In this episode, we explore how key decisions, strong community leadership, and impactful partnerships have reshaped the region’s economy. From Selkirk First Nation’s control of the Minto Mine to Kwanlin Dün’s growing ventures, this is a story of reclaiming control, forging new futures, and demonstrating the power of Indigenous leadership.

Co-Chairs Mark Magnacca and Robert Brant discuss the highlights of the 2025 Canadian Indigenous Investment Summit, the largest gathering of Indigenous Business leaders in the UK in modern times if not ever.. They reflect on this Summit's impactful sessions covering a broad range of topics demonstrating the benefits of working with Indigenous Peoples who are rights holders, investors and equity partners and the key sectors they are involved with.

The 2024 Canadian Indigenous Investment Summit, held at Mansion House, brought together Indigenous leaders and business executives from Canada and London to discuss key investment opportunities in Canada’s energy, natural resources, and infrastructure sectors. The event featured important discussions on how to incorporate Indigenous perspectives into sustainable business practices, ensuring long-term, shared benefits.

Mark Magnacca and Robert Brant cover key issues facing Canada today. They discuss the Canadian federal elections, what’s at stake, and how the results could affect Indigenous communities, business, and economic policy. They also take a close look at the Ring of Fire in Northern Ontario, a region with vast critical mineral deposits that could play a major role in future industry and development. The conversation touches on government plans, and investment opportunities. They also preview the 2025 Summit on Indigenous partnerships and investment, offering a glimpse into the key speakers, panels, and discussions that will take place.

Harold Calla discusses the critical importance of economic reconciliation and the role of Indigenous financial institutions. He shares a powerful testimonial from Crystal Smith of the Cedar LNG project, which benefited from the support of the First Nations Financial Management Board (FMB). He emphasises the need for improved access to capital, capacity development, and more institutions to support First Nations communities. He also reflects on the international interest in Canada's approach to Indigenous economic development, pointing to the global recognition of the progress made by First Nations.

Chief Ted Williams of the Chippewas of Rama First Nation shares his journey in driving economic growth and financial success for the community. As a key figure in the development of Casino Rama, he later took on the role of Vice President of Corporate Affairs, overseeing its rapid expansion. In its first year alone, the casino generated $590 million and created 3,400 jobs, far exceeding initial projections of $200 million and 1,000 jobs. Today, Rama First Nation is 75% self-sufficient, generating most of its own revenue. Join us as we explore how strategic investment, leadership, and financial planning have empowered the community.

Matt Smith, a proud member of the Métis Nation Saskatchewan and CEO of the Saskatchewan Indigenous Investment Finance Corporation (SIIFC), discusses how SIIFC is expanding Indigenous access to capital, the province’s $12 billion critical minerals industry, and the exciting opportunities in Small Modular Reactors (SMRs), estimated to be at $150 billion per sector by 2040. Learn how Indigenous communities are leading the way in clean energy projects like the $100M loan guarantee for Six Nations.

Clint Davis, CEO of Cedar Leaf Capital Inc., is working to open doors for Indigenous people, businesses, and communities in capital markets. As the first majority Indigenous-owned investment dealer in Canada, Cedar Leaf Capital is creating new financial opportunities and strengthening partnerships.Clint has built a career in law, government, and finance. He led Indigenous banking at BMO and TD, served as CEO of the Canadian Council for Aboriginal Business, and founded North35, an advisory firm focused on Indigenous infrastructure investment, before joining Scotiabank as an Advisor. His insights have been featured in APTN, CBC, BNN, and The Globe and Mail.A recipient of Indspire Award, a National Aboriginal Achievement Award known as one of the highest honours given by the Indigenous community in Canada and also a Harvard graduate, Clint shares his journey, the challenges Indigenous businesses face, and how non-Indigenous investors can build real partnerships.

In this insightful podcast interview, Chief Derek Epp discusses how First Nations are driving economic growth through financial sovereignty. With over $2 billion in loans issued, a recent $650 million debenture, and a $1 billion deal in progress, Indigenous communities are taking control of decision-making. He highlights how financial empowerment enables First Nations to lead sustainable projects with a long-term vision, guided by the principle of thinking seven generations ahead.

Mark Sevestre, Senior Advisor at Mokwateh and former Founding Member of the National Aboriginal Trust Officers Association (NATOA), shares his experience in advancing Indigenous participation in the Canadian market. He discusses creating procurement opportunities for Indigenous communities, building partnerships based on shared values, and supporting non-Indigenous investors in building impactful portfolios.

Mark Podlasly, the newly appointed CEO of the First Nations Major Projects Coalition (FNMPC), shares insights on supporting 14 projects with a total expenditure of $45 billion. Explore FNMPC's journey in empowering Indigenous Peoples to become key strategic partners in Canada, the $585 billion needed to meet co-investment goals, and innovative strategies to ensure continued access to affordably priced capital. Watch now to learn more about these strategies and initiatives.

Kody Penner, Vice President of Corporate Development for Nations Royalty, discusses how the company helps build capacity for Indigenous Peoples through public markets, enabling them to create wealth and unlock the maximum value of their benefit agreement royalty through a portfolio of diversified royalties – lowering the risk associated with holding a single asset. He also shares insights into the challenges and opportunities for Indigenous communities in this unique sector. Recently, he was chosen as one of five Canadian young leaders for the Kakehashi Project, further highlighting his role as a forward-thinking leader in the industry.

Welcome to 2025! As we look back, let’s revisit the standout moments that defined Drumbeats in 2024. From groundbreaking conversations to thought-provoking insights shared by Indigenous leaders, these episodes highlighted innovative ideas and impactful investment opportunities. This special episode celebrates the stories, lessons, and meaningful discussions that laid the foundation for transformative exchanges in the world of Indigenous investment. Join us as we reflect on the topics that mattered most and set the stage for more inspiring insights in the year ahead.#BestOfDrumbeats2024 #YearInReview #CanadianIndigenousInvestment #IndigenousInvestment #VideoPodcast #Drumbeats

In this insightful discussion on Drumbeats, Co-Chairs Mark Magnacca and Robert Brant introduce Eva Clayton, President of the Nisga’a Nation. As the first woman to lead the Nisga’a Lisims Government, Eva reflects on the successes achieved since signing the Nisga’a Final Agreement in 2000. This modern-day treaty granted the Nisga’a Nation self-governance and control over their lands and resources. Tune in to hear how the Nisga’a Nation continues to thrive under this groundbreaking agreement.

Join Co-Chairs Mark Magnacca and Robert Brant as they discuss the latest report from the Conference Board of Canada, which highlights Indigenous trusts across Canada. Learn about the growing importance of these trusts in empowering Indigenous communities and driving economic growth. Plus, hear insights on British Columbia's Hydro's recent Call for Power, which has received a strong response from power producers. Discover how this initiative is shaping the future of energy production and creating new opportunities for Indigenous involvement in the sector.#CanadianIndigenousInvestment #Drumbeats #BCHydro #ConferenceBoardOfCanada # IndigenousInvestment

Join Co-Chairs Mark Magnacca and Robert Brant discuss the proposed launch of the Centre for Indigenous Corporate Partnerships, a groundbreaking initiative by Boston Consulting Group. Inspired by their successful work in Australia, this programme seeks to forge new pathways for Indigenous communities and corporate partnerships in Canada. Join us as we explore how this initiative will impact Indigenous economic strategies, investment opportunities, and future collaborations across industries.#CanadianIndigenousInvestment #IndigenousCorporatePartnerships #BostonConsultingGroup #CorporatePartnerships

Join Co-Chairs Mark Magnacca and Robert Brant as they interview The Hon. Lisa Raitt, Vice Chair of CIBC Capital Markets. They discuss CIBC’s commitment to supporting Indigenous communities by expanding access to capital and building inclusive financial pathways. Lisa Raitt shares CIBC's approach, focusing on structures that prioritise Indigenous investment, drive economic growth, and strengthen Indigenous-led projects across Canada.

Join Co-Chairs Mark Magnacca and Robert Brant as they interview Steve Berna, COO of the First Nations Finance Authority (FNFA). Steve discusses FNFA's significant role in funding Indigenous projects including $1.4 billion investment in Cedar LNG and their ongoing efforts to create more opportunities for First Nations. Discover how FNFA is driving economic growth through innovative financing solutions and empowering communities to undertake transformative ventures, all while ensuring sustainable development for future generations. Tune in to learn about the impact of FNFA’s initiatives and the vision for expanding their reach in Indigenous investment.

Tune in with Co-Chairs Mark Magnacca and Robert Brant as they Interview Ernie Daniels, President and CEO of First Nations Finance Authority (FNFA). The discussion touches on FNFA’s impact on Indigenous infrastructure development, the organisation’s unique governance model, and Ernie’s strategies to close the infrastructure gap. The episode also covers Ernie Daniels' historic appointment to the Bank of Canada’s board of directors, his leadership and vision in developing financial empowerment and self-sufficiency for First Nations in Canada.

Tune in with Co-Chairs Mark F. Magnacca 🌍 and Rob Brant as they delve into the latest developments in Indigenous investment. The discussion highlights key players like NorSask Forest Products, Hydro One and Bouchier while also breaking down the impacts of the new Federal Indigenous Loan Guarantee Programme. Learn more about these significant initiatives shaping Canada’s Indigenous economy.

In this second episode featuring Chief Crystal Smith, Chief Councillor of the Haisla Nation since 2013, we delve into the Cedar LNG project—a visionary initiative more than a decade in the making. Learn how the Haisla leadership team successfully attracted investors—some of whom valued Indigenous communities as equal partners, while others did not. Pembina emerged as the winning partner. Today, this project stands as a global benchmark for investments involving Indigenous communities. If you have missed the first part of the conversation with Chief Crystal, check out here: https://rss.com/podcasts/drumbeats/1583836/

🎙️ Join us in this inspiring episode featuring Crystal Smith, the Elected Chief Councillor of the Haisla Nation, as she discusses Cedar LNG—the world's first Indigenous majority-owned LNG facility. Chief Crystal is discussing Cedar LNG, world's first Indigenous majority-owned LNG facility, making it a pioneering project in the realm of Indigenous-led infrastructure proposed for Kitimat, British Columbia, situated within the traditional territory of the Haisla Nation. Cedar LNG represents a significant step towards achieving the Haisla Nation's vision of independence, power, and prosperity. In this episode, Chief Crystal share insights into this historic project and its significant in driving economic self-determination for the Haisla people. Investors and stakeholders alike will find immense value in understanding the future of Cedar LNG. Watch our video version: Website: Canadian Indigenous Investment Summit 2024 (gigcmo.com)

Join us on this exciting journey as we strike the first beat, sharing valuable knowledge and inspiring experiences that will set the stage for a lasting impact. Co-Chairs of the Canadian Indigenous Investment, Mark Magnacca and Rob Brant, will lead us through this exploration. Let the drumbeats of wisdom guide you as we create a harmonious path towards sustainable and profitable investment together.