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Welcome to Drum Beats, the must listen to podcast for investors interested in Indigenous

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investment in Canada.

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Born from the Canadian Indigenous Investment Summit, the show focuses on the intersection

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of Indigenous economic strategies and investment opportunities.

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I'm Mark McNacca and my co-host Robert Branton are joined today by Chief Derricka, Chief

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of the Chiactan First Nation and the Deputy Chairperson of the First Nations Finance Authority,

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referred to as FNFA.

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He has been involved in economic development and finance, working to secure capital competitive

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rates, close funding gaps, and explore new ways to bring global investment into Canada

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through FNFA and other channels.

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His work supports the growth of First Nations economies and strengthens the role in Canada's

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financial investment market.

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Join us as we explore how these critical conversations are reshaping economic development across

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Canada.

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Chief Derricka, it is such a great honour for you to be with Rob and I again.

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Thank you very much for joining us today.

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Good morning, Chief.

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It's great to see you and thanks for taking the time to be with us today.

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Yeah, it's great to see you guys again.

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Really good to touch base with you and Rob again, Mark.

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It's looking forward to this year's summit and looking forward to today's podcast to

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kind of give some insights and some input on what's going on in Canada.

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Wow, a lot, right?

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For a country that's not necessarily in the news, but just coming back to last year, not

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too long ago, about nine months ago when you came over for the first summit, that was really

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great and it was a different time and a different world that we're in.

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US presidency has changed and that's changing all kinds of dynamics.

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Canada is going to be having an election soon at the federal level at some point.

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I think one of the other things is just in terms of the Indigenous peoples in Canada,

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you can speak to this better than I, you can see such a divergence between Canada and other

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countries just even the past number of months of how things are progressing.

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Yeah, absolutely.

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There's so many, so much opportunities that are coming down, lack of a better term, the

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pipeline.

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And for resources, for economic, right?

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For resources, for economic.

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Who paid you to say that?

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Right?

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No doubt.

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Perfect timing, wasn't it?

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Yeah.

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That was good.

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That works, right?

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And I think they're there, right?

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Part of it is these equity ownership stakes.

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Part of it is governance and projects or it's a blend between two.

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And we're looking at larger scale investments now and First Nations are de-risking these

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projects and I think that's going to speed up processes.

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And we see, as you mentioned, the landscape of politics is changing the investment climate

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as well.

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Seeing that, as you mentioned, down south from us, we're going to have to start looking

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at investing heavily into our own economies.

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And that's going to be through a lot of the First Nations engagement.

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Yes, which is actually a great opportunity.

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Somebody was talking about Canada goes through these moments that the country really has

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to be almost put in a corner to make changes.

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So if you come back to when Confederation first occurred and then during World War II,

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there was a pivot away from being part of what was then the British Empire as part of

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the Lenin-Lease program to be a conduit for all the resources necessary for the war in

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Europe.

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And then we had free trade back in the early 90s.

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You were probably too young to remember that, but there wasn't always...

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Yeah, I was a little young.

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It started out as free trade just between Canada and the US before it became NAFTA.

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And I remember those discussions and Canada had been formed under our first prime ministers,

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MacDonald and Laurier with a tariff barrier to protect the domestic economy.

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And this was a huge, huge debate in the 90s.

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And Canada went through a terrible time.

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There's very few Canadian retailers left because they couldn't compete with the US.

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And we went from a protected economy to an open global trading economy.

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I think we've become slightly more dependent on the US over time, but these changes take

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place and now we're in a great spot because we're faced with that again and the indigenous

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peoples have a seat at the table.

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You have your rights.

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You have your approach of how you want to do business.

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You're coming in as equal partners, if not the lead partner, depending on what's happening.

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So I think this is just a great moment for Canada to be the country that it could be.

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Right?

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Yep.

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No, I completely agree.

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I think you're right.

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I think that ideology that, yeah, we've been kind of back into a corner.

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Canada has.

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We kind of have to now go to the global market.

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And we've been trying to do that for several years now on the First Nations front.

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But I think now it's now become bigger than just the First Nations.

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It's a Canadian issue.

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And actually, it's a good time.

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I was on a panel the other night, two nights ago, and there was a lot of the discussion

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was around supporting the economic growth of Canada and a lot of it's through First

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Nations in that understanding what's going on in the political landscape.

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We do have to look to global markets.

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We do have to look to new initiatives and different avenues to accessing capital and

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getting capital to Canada to really meet the investment climate and the needs of all Canadians

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and our economy to be doing what we have to do to protect our own assets in our own country.

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Yes, absolutely.

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Agree completely, Chief Derek.

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Why don't you tell us a little bit about the First Nations Finance Authority?

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You wear several hats and one of them is your involvement with the FNFA.

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Yeah, the FNFA.

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I've been fortunate enough to be a part of the FNFA for oh, five, six years now.

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And was the deputy chair for the last couple of years.

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And now in February, I'll be stepping into the chair role as well at the First Nations

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Finance Authority.

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And in that work really excites me.

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I think a lot of the capacity and the ability to support First Nations growth as well as

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First Nations economic growth is coming through the First Nations Finance Authority.

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We've surpassed over $2 billion in loans out to First Nations.

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And now we just did a $650 million debenture about a month ago.

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And we know that with the investment climate in the direction it's going, we will be looking

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at doing debentures of that stature more regularly now.

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And then looking at, you know, we need to, we have been accessing the global markets,

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but we will be needing to continue to expand that Rolodex of our investors globally to

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meet our demand.

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We know the excess amount of resource projects and renewable energy projects that will have

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to be done in Canada in the short future.

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And with the political will that we will have federally and provincially, I think the opportunity

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is absolutely there.

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And part of the FNFA, the First Nations Financial Management Board, and these institutions where

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I do work nationally is all about building that capacity for the First Nations, building

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the internal controls, accessing the capital at a competitive rate, and being able to really

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capitalize and be involved in these opportunities that are going to be coming.

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Because it's not just drinking from a fire hose anymore, it's drinking from the actual

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fire hydrant.

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And that's what we're seeing right now.

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And really, we need the capital to be able to keep up with the pace and the demand and

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being able to meet the economic growth needs of not only First Nations, but Canada.

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Where are the investors coming from for the adventures, Chief?

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So we can't necessarily completely disclose who, but we have access from all international

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markets from the Swiss, the Chinese, to the South American, to all over the world.

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And really, now what I'm really looking forward to for this summit as well is now bridging

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that economic gap and that capital gap from the UK to Canada.

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And hopefully, that can be done through the First Nations Finance Authority.

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But that's not the only way.

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I think there's other ways that this can be done as well.

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And there's other exciting things that I've been working on back home and meeting with

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individuals like the Hungerford Group, who have a new seven generations capital that

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I believe will be coming to hopefully coming to the summit.

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And hopefully, I'll be able to talk a bit about my experience with them as well, because

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we began to discuss how we can work together in that avenue as well.

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Because again, it's really diversifying.

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It's looking at the various ways that we can get global capital to Canada.

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And that's not just through the Finance Authority, that's through organizations like Seven Generations

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Capital, that's through conventional avenues as well.

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So it's really now, I think you're right.

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We've been backed into a corner and now we have to act.

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Yes.

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Very, very true.

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And I think just coming back for our listeners and some of them, of course, didn't attend

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the conference and have a chance to meet you before.

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So your nation is based in British Columbia and the FLFA is based in Ottawa, is it?

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So yeah, my community, Chiactan First Nation or Chiacto, that's our Halkomelem name, we're

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based in Chilliwack, British Columbia, about an hour and a half east of Vancouver.

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We are in a very advantageous location, if you want to put it that way, for First Nations

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community work, urban in that sense, where we've been able to capitalize on building

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our own economy and make sure we're building up our own capacity.

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And the FNFA, First Nations Finance Authority, is a national institution and we have two

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offices, one in Ottawa and then one in Kelowna, British Columbia as well.

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And our board represents seats from all across the country.

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So we have representation from each province or we try to make sure we get representation

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from each province because we do land right across the country.

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So we make sure we have that representation on the board so that we do have that acknowledgement

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and that voice from each of our individual regions as well.

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And all the institutions now that are really the critical factor to supporting First Nations

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involvement in a lot of these projects is our national institutions that are supporting

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the national economic growth of First Nations.

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And that to me is making the biggest impact.

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Which is huge because when we talk about the number of Indigenous nations across the country,

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remind me, is it 500, 600?

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Yeah, we're over 600.

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So I think it depends on who you ask, but last was 603, 607 or depends on some are more

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independent now.

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So yeah, it's over 600.

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And in BC alone though, we have 203 or 200 and someone as well.

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So it's a different dynamic as well, right?

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Considering that treaties were settled from the East Coast making their way west.

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And by the time we got to BC or the settlers got to BC, it wasn't their priority.

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Got lazy.

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Yeah, I got lazy.

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You're right.

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Yeah.

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And we ended up with far too many individual Indian Act bans.

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And it's created, you know, a lot have said it's created confusion, but I think it's also

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an opportunity.

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And I see it as an opportunity.

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And we see some of the projects specifically here in BC now, we're bringing together, you

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know, 30, 40 communities to work actively together on these projects.

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And it's possible.

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It's being done.

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Yeah.

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Yes.

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And you know, when Rob and I have been talking about the conference and the summit and what

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we did this year and last year and what we're going to be doing this year, one of the things

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we've talked about is demystify, de-risk and develop.

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So demystifying is to explain to people, you know, how do you work with indigenous peoples?

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What's the process?

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What's behind it?

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Right.

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And we hear a lot of negative news, not so much now, but in the past.

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And you know, people remember, nobody remembers the good news, right?

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They remember all the bad news and stuff that came out.

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So they have concerns about that.

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But the whole process now is about how do you de-risk?

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And that's by working with the indigenous peoples as partners, right?

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And then it's developed, then you go out and develop the project, which might take five,

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10 years, as you know, very well.

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Yeah.

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And hopefully we can do it sooner.

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You know, Rob and Mark, I think it's really important to acknowledge some of the work

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that is being done right now.

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And we're really creating a template for what is possible, right?

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And I think that's, and over these first couple of projects, of course, are the hardest ones

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to get across the line, I think.

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But I, you know, from that, I think we're going to see, you know, a process that's been

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established that works, you know, one that we're involved in right now.

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We have 40, 40 some odd communities involved, and we've been able to set up more of a smaller

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committee that is stick handling the negotiations on behalf of the larger collective group.

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So acknowledging that to investors and making sure that the individual is looking to get

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their capital to Canada, know that there is a de-risking factor to this.

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We do have the sophistication now and the ability to set up these working groups and

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committees that are able to be the negotiators alongside, you know, the professionals that

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are needed to really de-risk and do the due diligence on these projects.

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But we have a process and a system that works for bringing together, whether it's, you know,

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one community, 10 communities, 30 or 40 communities, we now know how to do it.

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And I think it's only going to get easier and it can only get better and quicker.

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And I think we will be able to work in tandem to make sure that at the end of the day, sometimes

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that permitting process is what takes the longest as well.

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And if we're at the table, we can help with that as well.

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Yes.

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And we've had some other guests on the podcast who've talked about how much smoother it goes

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if you go in there and work with the Indigenous peoples right from the beginning, they become

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your partner, they'll carry the ball in many cases.

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Absolutely.

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And they're going to make things happen, right, because they have a vested interest then.

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And I guess coming back a bit to the treaties, because I understand, you know, between 1701

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and 1963, there were 70 treaties signed between the British Crown and King Charles is also

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the King of Canada represented by the Governor General and 70 treaties between 364 First

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Nations.

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But now there's a new treaty process.

240
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And how does that differ from the historic approach?

241
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Yeah, I think it's challenging.

242
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The new treaty process is more of a jurisdiction based process.

243
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Of course, there's a land component, there's a cash settlement component to the treaty

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process, but a lot of it hinges on more or less the divulgence of jurisdictions to the

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First Nations communities.

246
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And you know, historically, the treaties were more based on land or based on a relationship

247
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that was defined in an agreement and meant to be lived out.

248
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You know, the intentions may have been good at the time, but I don't think they were

249
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fully enacted.

250
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And that's why you see a lot of the different court cases or the specific claims or the

251
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various legal actions that have had to take place over the last several decades in Canada

252
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with First Nations, because it's been challenging the implementation of the treaties in Canada

253
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has been really open to interpretation.

254
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And I think that's part of the challenges with historic treaties.

255
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But the reality with historic treaties is a large land base came with it most of the

256
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time, you know, wasn't necessarily their entire traditional territory.

257
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No, but it's still they had, you know, at least an established land base where now if

258
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you look in BC, that's part of the problem is no very little treaties have been signed.

259
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And what has happened with settlement is now we see most of the time in treaties or you're

260
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negotiating for what we call provincial crown land.

261
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And most of that land is not in in and around urban settings.

262
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Most of it is in mountains or in uninhabited areas.

263
00:17:09,800 --> 00:17:15,000
So we're having the challenge of negotiating for some territorial land back, but it's not

264
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necessarily going to help us boost economies yet, like maybe one day.

265
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And part of what my advocacy is, is it's looking at a different approach to a treaty relationship.

266
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And a lot of the work that I do is trying to look at and more of an economic treaty

267
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first, looking at how do we first start enabling and building and providing the capacity and

268
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the toolkit to First Nations to ensure they're able to build up revenue streams, build up

269
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an economic base, both on and off reserve and both, you know, involvement in resource

270
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projects or territorial taxation, whatever it may be.

271
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And then when the nations are ready, they can begin to talk about the jurisdictions.

272
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And when I say jurisdictions, I mean, a lot of them are in the program jurisdiction basis,

273
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what, you know, what the government is trying to divulge.

274
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It's through health or children and family services or justice or whatever it may be.

275
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That is a lot of the treaty negotiations now, because quite frankly, we have some of the

276
00:18:18,640 --> 00:18:24,320
national institutions that provide First Nations with the land jurisdictions are finally there.

277
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You know, through Land Code, through tax commissions, through the First Nations Finance Authority.

278
00:18:29,440 --> 00:18:38,720
So that's why for nations like mine, we haven't been as keen on talking about the new BC Treaty

279
00:18:38,720 --> 00:18:44,760
Commission process, because it's more of a program jurisdiction based discussion and

280
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not necessarily an economic discussion.

281
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So what I do is look at the economic treaties now.

282
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And then we could talk about the program treaties after.

283
00:18:56,000 --> 00:18:57,680
Right.

284
00:18:57,680 --> 00:19:01,000
And that obviously varies across the country.

285
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Totally.

286
00:19:02,560 --> 00:19:06,720
So many projects across the country, Chief, maybe you could give us an idea of some of

287
00:19:06,720 --> 00:19:11,520
the major projects that FNFA in particular has been involved in.

288
00:19:11,520 --> 00:19:15,800
Yeah, I mean, we've seen seen a lot of them over the last couple of years.

289
00:19:15,800 --> 00:19:19,880
So maybe I'll put on my First Nations Finance Authority hat first and, and seeing from a

290
00:19:19,880 --> 00:19:25,160
national lens, we've seen very successful large investment projects that we've been

291
00:19:25,160 --> 00:19:26,480
able to support.

292
00:19:26,480 --> 00:19:29,840
One was being the Clearwater, make that deal.

293
00:19:29,840 --> 00:19:34,460
They involved a number of First Nations on the East Coast purchasing one of the largest

294
00:19:34,460 --> 00:19:37,600
seafood industries in North America.

295
00:19:37,600 --> 00:19:43,320
And since then, what we've seen is that industry and that company, its growth, they've had

296
00:19:43,320 --> 00:19:46,880
their best years since the First Nations have purchased this company.

297
00:19:46,880 --> 00:19:50,920
And it's also de-risked some of the industry as well.

298
00:19:50,920 --> 00:19:57,360
And we've also seen the stigma that came along with prior to the First Nations purchasing

299
00:19:57,360 --> 00:20:03,400
that, that industry, it was always a fight for fish rights or fight for access.

300
00:20:03,400 --> 00:20:10,500
And now since owning and controlling the market, it's really calmed the societal differences.

301
00:20:10,500 --> 00:20:12,960
And we see that in just one of the deals.

302
00:20:12,960 --> 00:20:20,280
Another deal is the Heysla LNG project and really what we've seen in that, and I'm sure

303
00:20:20,280 --> 00:20:25,320
we'll hear more about this in London as well, which is exciting to hear from Chief Crystal,

304
00:20:25,320 --> 00:20:27,560
who's coming out from Heysla, I believe.

305
00:20:27,560 --> 00:20:31,160
And I'm really looking forward to getting to see her again, because I've got to see

306
00:20:31,160 --> 00:20:33,560
her over the years as well.

307
00:20:33,560 --> 00:20:37,280
And being able to hear firsthand as well the impacts that her community is going to feel

308
00:20:37,280 --> 00:20:43,280
from that, but from the finance authority side, that was a massive deal for us to be

309
00:20:43,280 --> 00:20:44,280
a part of.

310
00:20:44,280 --> 00:20:53,440
A $400 million loan out from us and in Korea, it'll be up to a billion dollar deal.

311
00:20:53,440 --> 00:21:00,400
And really being able to see the Heysla take a significant ownership, I believe 50% or

312
00:21:00,400 --> 00:21:05,000
51% of the ownership of the CDRLNG project.

313
00:21:05,000 --> 00:21:08,640
That's the impact that that's going to have in their community is massive.

314
00:21:08,640 --> 00:21:09,640
It's massive.

315
00:21:09,640 --> 00:21:16,680
And it also enabled the Heysla to do their due diligence, to enable them to listen to

316
00:21:16,680 --> 00:21:22,080
their community's needs and to be able to reflect that in the project and be able to

317
00:21:22,080 --> 00:21:26,080
now have a community that I believe they're, they need to do a referendum.

318
00:21:26,080 --> 00:21:32,240
And I believe they had 90% of their community vote in favor of this project because of,

319
00:21:32,240 --> 00:21:34,840
yeah, like unheard of, right?

320
00:21:34,840 --> 00:21:42,440
And really that to me is the biggest de-risking factor that any proponent can take today and

321
00:21:42,440 --> 00:21:48,000
say that deal shows exactly what is possible when working early and working often with

322
00:21:48,000 --> 00:21:53,240
First Nations because when you get 90% of a community voting in favor of a project,

323
00:21:53,240 --> 00:21:55,920
that is as clear as a mandate as you're ever going to get.

324
00:21:55,920 --> 00:21:59,320
And that will speed up the process, that will speed up the permitting, and that will speed

325
00:21:59,320 --> 00:22:04,680
up all the bureaucracies that you have to go through to get projects like this underway.

326
00:22:04,680 --> 00:22:09,760
And it will in fact produce the investors return that they're wanting to see and the

327
00:22:09,760 --> 00:22:11,960
de-risking factor that investors want to see.

328
00:22:11,960 --> 00:22:18,600
So I think those are two very real recent live and tangible examples of what's going

329
00:22:18,600 --> 00:22:20,920
on across Canada.

330
00:22:20,920 --> 00:22:25,200
And then even if you look back, you know, on an individual, so that's the macro, if

331
00:22:25,200 --> 00:22:30,000
you're looking at a micro level from an individual community like mine, there's a lot of the

332
00:22:30,000 --> 00:22:31,560
land back strategy.

333
00:22:31,560 --> 00:22:37,480
So we're now I mentioned in treaties, typically we can only negotiate for provincial crown

334
00:22:37,480 --> 00:22:38,680
land.

335
00:22:38,680 --> 00:22:43,040
So what we're trying to do now is purchase land in and around our reserves.

336
00:22:43,040 --> 00:22:48,680
So we're creating urban reserves so that we can actually develop our own economies in

337
00:22:48,680 --> 00:22:50,320
these urban settings as well.

338
00:22:50,320 --> 00:22:56,920
So I just did say the additional reserve process usually takes anywhere from three to 30 years.

339
00:22:56,920 --> 00:23:01,200
I hadn't done all the legal side done in six months and the bureaucracy side done in three

340
00:23:01,200 --> 00:23:02,880
months.

341
00:23:02,880 --> 00:23:08,680
And because of our capacity, because of our jurisdictions and because of political will.

342
00:23:08,680 --> 00:23:15,920
And that to me is another investment opportunity that I think is going to be a fantastic avenue

343
00:23:15,920 --> 00:23:20,800
for capital to be helping support First Nations economic growth and in turn support Canada's

344
00:23:20,800 --> 00:23:21,800
economic growth.

345
00:23:21,800 --> 00:23:26,040
Because what we do when we get these lands is we need to provide critical infrastructure,

346
00:23:26,040 --> 00:23:30,280
we need to provide housing, we need to be providing, you know, the things that most

347
00:23:30,280 --> 00:23:35,440
Canadians take for granted is what First Nations are catching up on and having to invest in.

348
00:23:35,440 --> 00:23:36,440
Right.

349
00:23:36,440 --> 00:23:37,440
So that's great.

350
00:23:37,440 --> 00:23:40,480
And you've mentioned about Clearwater.

351
00:23:40,480 --> 00:23:48,280
So at the summit, you know, we're going to have Chief Terry Paul over to talk about that

352
00:23:48,280 --> 00:23:49,480
deal.

353
00:23:49,480 --> 00:23:53,360
And as you know, with Chief Crystal Smith, we've had her as well.

354
00:23:53,360 --> 00:23:57,060
So that's she's been on a podcast and she's coming over.

355
00:23:57,060 --> 00:24:02,440
So we are going to cross the country, hopefully on the three oceans, right?

356
00:24:02,440 --> 00:24:04,680
The Atlantic, the Pacific and the Arctic.

357
00:24:04,680 --> 00:24:08,480
And I think so that's really good.

358
00:24:08,480 --> 00:24:14,180
Second point is, can you explain a bit about what Crown lands are?

359
00:24:14,180 --> 00:24:18,520
Because you know, I think it's a very Canadian concept.

360
00:24:18,520 --> 00:24:26,980
Okay, in the UK, yes, the King and the Royal Family have their lands, but the Crown

361
00:24:26,980 --> 00:24:35,600
concept is not really well understood and it's caused a long term issue in the timber

362
00:24:35,600 --> 00:24:40,560
trade between Canada and the US because the Americans certainly don't understand what

363
00:24:40,560 --> 00:24:45,800
Crown lands are because they think, you know, if it's government owns, it's worth nothing.

364
00:24:45,800 --> 00:24:47,280
You know, it only has value.

365
00:24:47,280 --> 00:24:53,160
Can you talk a little bit about what that definition is of Crown lands and how that

366
00:24:53,160 --> 00:24:55,560
works provincial and federal?

367
00:24:55,560 --> 00:25:02,640
Yeah, you know, it's a good question, Mark, around Crown lands in Canada and provincial

368
00:25:02,640 --> 00:25:03,640
Crown lands.

369
00:25:03,640 --> 00:25:06,680
So you're right, it's very confusing.

370
00:25:06,680 --> 00:25:10,120
It can cause a lot of bureaucracies.

371
00:25:10,120 --> 00:25:17,160
And typically what happens in with Crown land is it's, you know, it's forestry, it's mining,

372
00:25:17,160 --> 00:25:23,600
it's national parks or provincial parks or it's land that's protected in a certain nature,

373
00:25:23,600 --> 00:25:25,680
depending on what it is.

374
00:25:25,680 --> 00:25:30,640
And some of the challenges that we have with the, it's underlying title of the Crown essentially,

375
00:25:30,640 --> 00:25:31,640
right?

376
00:25:31,640 --> 00:25:35,800
Like the Crown has the underlying title to the land and then there's provincial Crown

377
00:25:35,800 --> 00:25:40,600
lands, so the province has jurisdictions through their ministries, whether it's waterlands,

378
00:25:40,600 --> 00:25:47,640
natural resources, forestry, you know, you name it, various ministries can have different

379
00:25:47,640 --> 00:25:52,760
easements or assessments or different overlaps of jurisdictions over one piece of land.

380
00:25:52,760 --> 00:25:57,360
So it creates a lot of confusion, you're right, or it creates a lot of bureaucracies to get

381
00:25:57,360 --> 00:25:58,360
through.

382
00:25:58,360 --> 00:26:06,920
And a lot of the time when you're talking about tenures for resource projects or for

383
00:26:06,920 --> 00:26:13,620
mining projects or renewable energies or whatever it may be, you're dealing with a lot of overlapping

384
00:26:13,620 --> 00:26:19,520
interests that touch various ministries, both provincially and federally, depending on what

385
00:26:19,520 --> 00:26:20,600
you're doing.

386
00:26:20,600 --> 00:26:25,240
So it does cause a lot of bureaucratic hoops to jump through.

387
00:26:25,240 --> 00:26:31,760
If and a lot of why it's such a strategic advantage to working with First Nations, because

388
00:26:31,760 --> 00:26:37,800
Canada with UNDRIP, United Nations Declarations on the Rights of Indigenous Peoples, and specifically

389
00:26:37,800 --> 00:26:43,200
now in BC with DRIP UP, which is the act respecting the Declaration of the Rights of Indigenous

390
00:26:43,200 --> 00:26:50,320
Peoples, it puts a lot of the decision-making authority in the hands of First Nations, which

391
00:26:50,320 --> 00:26:56,320
is a lot of the studies are showing that a lot of Canadians are supportive of that in

392
00:26:56,320 --> 00:27:01,840
a sense because we try to be stewards of the land and try to make sure that when projects

393
00:27:01,840 --> 00:27:06,200
are done, they're from an Indigenous lens and thinking about that seven generations.

394
00:27:06,200 --> 00:27:11,960
So that's why it's so integral now to work with First Nations in and around any projects

395
00:27:11,960 --> 00:27:16,440
that are provincial crown land and pretty much any project that's going to be done in

396
00:27:16,440 --> 00:27:22,760
Canada, whether it's resources or renewable energies or mining or whatever it may be,

397
00:27:22,760 --> 00:27:26,280
is going to have an aspect of provincial crown land.

398
00:27:26,280 --> 00:27:30,640
Meaning, you will have to navigate the Canada energy regulating process.

399
00:27:30,640 --> 00:27:34,000
You will have to navigate provincial permitting processes.

400
00:27:34,000 --> 00:27:39,640
You will have to navigate certain bureaucratic processes that require First Nations free

401
00:27:39,640 --> 00:27:42,280
prior and informed consent.

402
00:27:42,280 --> 00:27:46,400
And I think one of the things that people don't really appreciate about Canada is the

403
00:27:46,400 --> 00:27:51,840
fact that our provinces control the natural resources in the country.

404
00:27:51,840 --> 00:27:55,440
That's not a federal jurisdiction for the most part.

405
00:27:55,440 --> 00:27:57,280
Yes, exactly.

406
00:27:57,280 --> 00:28:00,600
It's a jurisdiction that's divulged from Canada to the provinces.

407
00:28:00,600 --> 00:28:01,600
Yeah.

408
00:28:01,600 --> 00:28:02,600
Correct.

409
00:28:02,600 --> 00:28:08,560
And coming back in Confederation in 1867, one of the objectives of the British North

410
00:28:08,560 --> 00:28:13,800
America Act, and we now have our own constitution, but the structure of that was looking at the

411
00:28:13,800 --> 00:28:16,240
American experience with the Civil War.

412
00:28:16,240 --> 00:28:25,240
And the idea was, let's have a strong federal government and weak provinces.

413
00:28:25,240 --> 00:28:28,400
We didn't want strong states and Canada has provinces.

414
00:28:28,400 --> 00:28:33,080
Actually, we've ended up with the reverse because the gay government has very limited

415
00:28:33,080 --> 00:28:36,840
powers, foreign affairs, defense.

416
00:28:36,840 --> 00:28:41,280
But we don't even have the same health standards across the country.

417
00:28:41,280 --> 00:28:45,280
If you're trying to go from BC to Ontario, you need to make sure you've got your health

418
00:28:45,280 --> 00:28:50,040
coverage because it's at the provincial level, I suppose the American experience.

419
00:28:50,040 --> 00:28:54,440
So I think that's one of the other dynamics people need to understand.

420
00:28:54,440 --> 00:29:02,560
And I think that reinforces this, what I would call localization, because you have to work

421
00:29:02,560 --> 00:29:04,920
with the local communities.

422
00:29:04,920 --> 00:29:11,280
Those people as otherwise, everybody, you're from BC, right?

423
00:29:11,280 --> 00:29:16,080
That will come into your story in different places where necessarily in other places it

424
00:29:16,080 --> 00:29:17,080
might not.

425
00:29:17,080 --> 00:29:21,640
So you're a Canadian, oh, but I'm from Manitoba, I'm from BC, and I'm from Quebec.

426
00:29:21,640 --> 00:29:24,680
And that all tells a different story, right?

427
00:29:24,680 --> 00:29:27,280
Big time, big time.

428
00:29:27,280 --> 00:29:32,840
And every province has a different political outlook on resource projects.

429
00:29:32,840 --> 00:29:39,040
I think now, as we mentioned before, things are changing on the political side, understanding

430
00:29:39,040 --> 00:29:43,680
that we need to invest in resources or renewable energy.

431
00:29:43,680 --> 00:29:50,180
So whatever it may be, and British Columbia is very in an advantageous position to open

432
00:29:50,180 --> 00:29:51,280
up that investment.

433
00:29:51,280 --> 00:29:56,180
And I think now what we've heard from our provincial partners is that the appetite is

434
00:29:56,180 --> 00:29:58,320
open now for those investments.

435
00:29:58,320 --> 00:29:59,320
And I think you've seen it in Alberta.

436
00:29:59,320 --> 00:30:03,160
Alberta has been very open to resource projects and still are.

437
00:30:03,160 --> 00:30:08,000
And you see it a bit more in the Prairie provinces as well with various projects that are going

438
00:30:08,000 --> 00:30:09,000
on.

439
00:30:09,000 --> 00:30:13,480
And you see a huge success in some of the First Nations partnerships that are heavily

440
00:30:13,480 --> 00:30:17,640
involved in mining industry in Saskatchewan and in Manitoba.

441
00:30:17,640 --> 00:30:19,320
And they're doing extremely well.

442
00:30:19,320 --> 00:30:20,320
Yes.

443
00:30:20,320 --> 00:30:23,080
In fact, we're having Denison Mines is coming over.

444
00:30:23,080 --> 00:30:25,080
We have a strong, fantastic contingent.

445
00:30:25,080 --> 00:30:29,760
Yes, they're going to be talking about English River and their projects.

446
00:30:29,760 --> 00:30:33,560
And there's a lot going on across the country without a doubt.

447
00:30:33,560 --> 00:30:36,680
What about, you know, we do have provincial barriers.

448
00:30:36,680 --> 00:30:41,480
You know, you can trade more freely in the European Union than you can in Canada.

449
00:30:41,480 --> 00:30:44,400
And again, this is one of these moments, maybe these barriers are being addressed.

450
00:30:44,400 --> 00:30:45,640
What about the indigenous peoples?

451
00:30:45,640 --> 00:30:49,780
Do they, do you have a view on what should be done?

452
00:30:49,780 --> 00:30:55,000
Are you trying to break down those provincial barriers as well to have more trade opportunities?

453
00:30:55,000 --> 00:30:57,880
It doesn't really impact the same way.

454
00:30:57,880 --> 00:30:59,840
Well, yes and no.

455
00:30:59,840 --> 00:31:02,720
Like there, there is some projects that do, right?

456
00:31:02,720 --> 00:31:07,160
There is, you know, linear projects that are coming from Alberta through to British Columbia,

457
00:31:07,160 --> 00:31:11,680
where we have to break down those barriers to the provinces working together.

458
00:31:11,680 --> 00:31:18,440
And I know recently, I understand the premiers did meet and did talk about how they can work

459
00:31:18,440 --> 00:31:19,440
together.

460
00:31:19,440 --> 00:31:22,160
Now, how real was that discussion?

461
00:31:22,160 --> 00:31:23,160
I don't know, right?

462
00:31:23,160 --> 00:31:28,160
I'm not privy to those ones, but I do think from our First Nations lens, absolutely, I

463
00:31:28,160 --> 00:31:34,800
think there needs to be cross provincial discussions that help support the indigenous inclusion

464
00:31:34,800 --> 00:31:39,760
and, you know, by border inclusion from province to province as well.

465
00:31:39,760 --> 00:31:45,400
Because, you know, that is one of the only ways to opening up some of our corridors and

466
00:31:45,400 --> 00:31:54,920
resources is having to work from some of the, you know, interior of our provinces, our middle

467
00:31:54,920 --> 00:31:59,200
provinces that they're going to have to get to the coast somehow, right, for some of the

468
00:31:59,200 --> 00:32:00,200
resources.

469
00:32:00,200 --> 00:32:07,320
And that will require, you know, provincial discussions, you know, in multi-provincial

470
00:32:07,320 --> 00:32:11,620
leadership discussions to how will they work together to make sure that those resources

471
00:32:11,620 --> 00:32:15,960
are getting from province to the coast.

472
00:32:15,960 --> 00:32:18,680
And that will require indigenous inclusion as well.

473
00:32:18,680 --> 00:32:19,680
Great.

474
00:32:19,680 --> 00:32:21,760
So we're really looking forward to coming back to London.

475
00:32:21,760 --> 00:32:26,480
And this time, you're coming back with your freedom of the city.

476
00:32:26,480 --> 00:32:27,480
That's right.

477
00:32:27,480 --> 00:32:33,320
Yeah, I guess I missed the sheep walk, but I'll have to come back for that one.

478
00:32:33,320 --> 00:32:35,360
You'll have to come back for that.

479
00:32:35,360 --> 00:32:41,560
And you get to carry your cutlass or sword through the city and no one will register

480
00:32:41,560 --> 00:32:42,840
any complaints with you.

481
00:32:42,840 --> 00:32:45,640
And it's, we don't talk much about that day.

482
00:32:45,640 --> 00:32:51,440
And these days, and I'm sure you're never inebriated, but if you were, you would have

483
00:32:51,440 --> 00:32:53,720
the freedom to wander wherever you did in the city.

484
00:32:53,720 --> 00:32:57,320
I don't know once you get outside the square mile, what they do with you, probably lock

485
00:32:57,320 --> 00:32:58,320
you up.

486
00:32:58,320 --> 00:33:04,920
But I'll make sure I bring my little booklet and make sure if I'm right.

487
00:33:04,920 --> 00:33:06,120
And I'll stay in the London city.

488
00:33:06,120 --> 00:33:09,440
I'll make sure I stay there and I'll have it with me and it won't leave.

489
00:33:09,440 --> 00:33:10,440
Yes.

490
00:33:10,440 --> 00:33:11,600
Well, don't worry.

491
00:33:11,600 --> 00:33:12,600
Your name's on the list.

492
00:33:12,600 --> 00:33:14,720
So you don't need to carry your booklet.

493
00:33:14,720 --> 00:33:19,720
You just tell them you have the freedom of the city and you will be looked after.

494
00:33:19,720 --> 00:33:20,720
That's awesome.

495
00:33:20,720 --> 00:33:21,720
Yeah.

496
00:33:21,720 --> 00:33:22,720
That's absolutely great.

497
00:33:22,720 --> 00:33:24,840
Rob and I have really enjoyed having you on the program today.

498
00:33:24,840 --> 00:33:25,840
Great to have you here.

499
00:33:25,840 --> 00:33:26,840
Yes, chief.

500
00:33:26,840 --> 00:33:28,880
We really appreciate your time today.

501
00:33:28,880 --> 00:33:33,840
I know you have a very busy schedule, so much appreciated and looking forward to welcoming

502
00:33:33,840 --> 00:33:38,520
you back in London in just a couple of months now.

503
00:33:38,520 --> 00:33:40,880
No, I really appreciate it, Rob and Mark.

504
00:33:40,880 --> 00:33:44,040
I really enjoyed getting to know you guys over the last couple of years and getting

505
00:33:44,040 --> 00:33:46,400
to work with you and your team.

506
00:33:46,400 --> 00:33:51,840
And I think you guys are great advocates for what we're trying to achieve in Canada and

507
00:33:51,840 --> 00:33:52,840
with First Nations.

508
00:33:52,840 --> 00:33:56,800
And I really think, I really do believe that these next couple of years are going to be

509
00:33:56,800 --> 00:34:03,800
transformational for Canadians, for Indigenous people of Canada and for the global investment

510
00:34:03,800 --> 00:34:04,800
market.

511
00:34:04,800 --> 00:34:05,800
Yes.

512
00:34:05,800 --> 00:34:08,440
Thank you very much for being with us today.

513
00:34:08,440 --> 00:34:09,440
Thanks chief.

514
00:34:09,440 --> 00:34:10,440
Yeah.

515
00:34:10,440 --> 00:34:11,920
Thanks Mark and Rob.

516
00:34:11,920 --> 00:34:15,840
Thank you to Chief Derek Gap for sharing his insights with us and thank you for viewing

517
00:34:15,840 --> 00:34:16,960
and listening.

518
00:34:16,960 --> 00:34:20,480
If you enjoyed this conversation, be sure to subscribe and leave a review by following

519
00:34:20,480 --> 00:34:24,000
our YouTube channel at Drum Beats Podcast.

520
00:34:24,000 --> 00:34:27,840
Don't forget to follow us on Spotify, Apple Podcasts and other platforms shown on the

521
00:34:27,840 --> 00:34:28,840
description below.

522
00:34:28,840 --> 00:34:32,960
Visit our website for more resources and upcoming discussion.

523
00:34:32,960 --> 00:34:37,720
Check your calendars for the upcoming 2025 Summit taking place on the 10th of April.

524
00:34:37,720 --> 00:34:39,400
Thanks for listening to Drum Beats.

525
00:34:39,400 --> 00:35:06,400
Until next time.

