The governor of the Bank of Canada says the central bank must do more to create meaningful economic opportunities for Indigenous Peoples in Canada.
Tiff Macklem points to labour markets and access to capital as being among the economic issues facing Indigenous people.
He says the Bank of Canada is mandated to promote the economic and financial welfare of everyone in Canada, meaning the central bank can play a key role in fostering economic reconciliation with Indigenous people.
In brief remarks to a virtual event on Indigenous economies, Macklem says the central bank plans to work with Indigenous groups to set out what the Bank of Canada can do to help.
He says the bank will look to existing and new partners to guide the central bank toward a common understanding of what its role should be going forward.
The event today is part of work the central bank has undertaken alongside central banks in New Zealand and Australia and Indigenous groups to discuss and raise awareness of Indigenous economic and financial issues.
This report by The Canadian Press was first published Nov. 29, 2021.
Procurement Minister and newly appointed Quebec lieutenant Jean-Yves Duclos is warning the NDP that the dental care program it helped put into place will be in jeopardy if it pulls its support from the governing Liberals.
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A two-story building collapsed in the southern Italian province of Naples early Sunday, killing two young siblings and leaving their mother and an older woman trapped, firefighters said.
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Specialist divers surveying the wreckage of the US$40 million superyacht that sank off Sicily in August, killing seven people including British tech tycoon Mike Lynch, have asked for heightened security to guard the vessel, over concerns that sensitive data locked in its safes may interest foreign governments, multiple sources told CNN.
Marxist lawmaker Anura Kumara Dissanayake on Sunday claimed he had won Sri Lanka鈥檚 presidential election.
Twenty-seven year 麻豆影视 reporter and anchor John Vennavally-Rao shares his story of what it was like to have an ostomy bag as part of his health-care battle. 'I鈥檓 grateful for what it did to extend my life,' he writes in a personal column for CTVNews.ca.
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An explosion in a coal mine in eastern Iran killed at least 33 workers and injured 17 others, officials said Sunday, marking one of the worst mining disasters in the country's history as others remained missing hours after the blast.
More than a year after the Titan submersible imploded, killing all five voyagers on board, the story of the ill-fated expedition to the Titanic has taken the form of a modern-day Greek tragedy overflowing with mortal pride and heedlessness.
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Marxist lawmaker Anura Kumara Dissanayake on Sunday claimed he had won Sri Lanka鈥檚 presidential election.
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The Red Bridge, a historic landmark in Kamloops, B.C., was completely destroyed by fire early Thursday morning.
Animal protection officers in British Columbia have rescued three pit bulls 鈥 including one that gave birth to 10 puppies 鈥 from a rat-infested home in Kelowna.
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Lethbridge County has rescinded its fire restriction as a result of the recent cool, wet weathr.
The Lethbridge Hurricanes kicked off the 2024-25 season on a winning note Friday night, defeating the Edmonton Oil Kings 3-1 in a game played at VisitLethbridge.com Arena.
A northern Ontario man is facing a $12,000 fine after illegally shooting a moose near the Batchawan River.
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A 26-year-old driver from Surrey, B.C., has been charged with three counts of criminal negligence causing death and bodily harm in a crash that killed two youths in northern Ontario last year.
Newfoundland and Labrador sponsored a minor football team in England, now they鈥檙e about to play one of the biggest clubs in European soccer.
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