By Aaron Walker, Local Journalism Initiative Reporter, Windspeaker.com The Anishnawbe Business Professional Association (ABPA) is calling on the Ontario Securities Commission (OSC) to take stronger action against “redwashing” — the corporate misuse of reconciliation language. ABPA warned that redwashing could expose investors, pension funds, and taxpayers to major financial losses. In a position paper titled From Reconciliation to Regulation, the association argued that many companies use positive imagery and community sponsorships to project reconciliation while continuing large-scale projects on Indigenous lands without securing free, prior, and informed consent (FPIC). “Redwashing is the gap between a company’s marketing and its reality,” said ABPA president Jason Rasevych. “A company cannot ‘redwash’ its operations by sponsoring a community festival while simultaneously ignoring its duty to obtain consent on a project. It’s a corporate…
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