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RBC creates Indigenous capital markets group to help communities finance major projects

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RBC creates Indigenous capital markets group to help communities finance major projects

Work still needed to eliminate barriers to economic participation, CEO Dave McKay says

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The Globe and Mail
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Open this photo in gallery:RBC CEO Dave McKay speaks at the annual First Nations Major Projects Coalition conference in Toronto on Thursday.Sammy Kogan/The Canadian PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountRoyal Bank of Canada RY-T is launching an Indigenous advisory and finance practice in a bid to increase access to capital for Indigenous-owned major projects and other investments. Ottawa has pegged so-called nation-building projects for fast-track status, many of which will require buy-in from Indigenous groups.

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