This new initiative is building reconciliation into Canada’s investment community

Author Brennan Doherty
The Reconciliation and Responsible Investment Initiative (RRII) is pushing asset managers to consider Indigenous rights while also working with Indigenous leaders on investment management.

Why It Matters

Getting Indigenous communities involved in investing is crucial to their economic self-empowerment, but including traditional values and ethics in modern investment practices can be tricky.

var TRINITY_TTS_WP_CONFIG = {"cleanText":"This new initiative is building reconciliation into Canada\u2019s investment community. At a May meeting for TMX Group, Canada\u2019s largest stock exchange operator, shareholders made history by voting overwhelmingly in favour of a proposal to reshape how the financial services company works with the Indigenous economy.\u00a0 The proposal calls on TMX Group\u2019s board of directors to develop internal programs on equity that include Indigenous communities in the company\u2019s business practices, but also review how TMX Group procures from Indigenous-owned businesses. It\u2019s believed to be the first time a Canadian company\u2019s board of directors has jointly endorsed a proposal on reconciliation\u2014and a unique project called the Reconciliation and

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