{"id":104328,"date":"2026-04-30T16:21:22","date_gmt":"2026-04-30T20:21:22","guid":{"rendered":"https:\/\/theturtleislandnews.com\/?p=104328"},"modified":"2026-04-30T16:21:22","modified_gmt":"2026-04-30T20:21:22","slug":"banks-expanding-further-into-indigenous-financing-as-project-push-accelerates","status":"publish","type":"post","link":"https:\/\/theturtleislandnews.com\/index.php\/2026\/04\/30\/banks-expanding-further-into-indigenous-financing-as-project-push-accelerates\/","title":{"rendered":"Banks expanding further into Indigenous financing as project push accelerates"},"content":{"rendered":"<p>By Ian Bickis As Indigenous ownership in major projects is increasingly framed as a way to help ensure they go ahead, banks are working to expand their offerings to help make such equity deals happen. RBC is the latest to expand its capacity, announcing Thursday that it is launching an advisory service to help Indigenous groups buy into major projects. The practice adds to efforts like BMO&#8217;s launch of the first labelled Indigenous bond last October, and Scotiabank&#8217;s backing of investment dealer Cedar Leaf Capital Inc. to open more doors to financial services for Indigenous groups. &#8220;The banks recognize that this is a growth area,&#8221; Mark Podlasly, chief executive of the First Nations Major Projects Coalition, said at a conference in Toronto on Thursday. Indigenous people in Canada already have&#8230; <\/p>\n<div class=\"pmpro\">\n<div class=\"pmpro_card pmpro_content_message\">\n<div class=\"pmpro_card_content\">This content is for Yearly Subscription, Yearly Subscription &#8211; Corporate, Print Subscription Only, and Canada Print and Online members only.<br \/><a href=\"http:\/\/theturtleislandnews.com\/wp-login.php?action=register\">Register<\/a><\/div>\n<div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/theturtleislandnews.com\/wp-login.php?redirect_to=https%3A%2F%2Ftheturtleislandnews.com%2Findex.php%2F2026%2F04%2F30%2Fbanks-expanding-further-into-indigenous-financing-as-project-push-accelerates%2F\">Log in here<\/a><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Ian Bickis As Indigenous ownership in major projects is increasingly framed as a way to help ensure they go ahead, banks are working to expand their offerings to help make such equity deals happen. RBC is the latest to expand its capacity, announcing Thursday that it is launching an advisory service to help Indigenous groups buy into major projects. The practice adds to efforts like BMO&#8217;s launch of the first labelled Indigenous bond last October, and Scotiabank&#8217;s backing of investment dealer Cedar Leaf Capital Inc. to open more doors to financial services for Indigenous groups. &#8220;The banks recognize that this is a growth area,&#8221; Mark Podlasly, chief executive of the First Nations Major Projects Coalition, said at a conference in Toronto on Thursday. Indigenous people in Canada already have... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><div class=\"pmpro_card_content\">This content is for Yearly Subscription, Yearly Subscription - Corporate, Print Subscription Only, and Canada Print and Online members only.<br \/><a href=\"http:\/\/theturtleislandnews.com\/wp-login.php?action=register\">Register<\/a><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/theturtleislandnews.com\/wp-login.php?redirect_to=https%3A%2F%2Ftheturtleislandnews.com%2Findex.php%2F2026%2F04%2F30%2Fbanks-expanding-further-into-indigenous-financing-as-project-push-accelerates%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":101363,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[8,13],"tags":[],"class_list":["post-104328","post","type-post","status-publish","format-standard","hentry","category-national-news","category-ticker","pmpro-level-required","pmpro-level-3","pmpro-level-2","pmpro-level-5","pmpro-level-4","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Banks expanding further into Indigenous financing as project push accelerates - The Turtle Island News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theturtleislandnews.com\/index.php\/2026\/04\/30\/banks-expanding-further-into-indigenous-financing-as-project-push-accelerates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banks expanding further into Indigenous financing as project push accelerates - The Turtle Island News\" \/>\n<meta property=\"og:description\" content=\"By Ian Bickis As Indigenous ownership in major projects is increasingly framed as a way to help ensure they go ahead, banks are working to expand their offerings to help make such equity deals happen. RBC is the latest to expand its capacity, announcing Thursday that it is launching an advisory service to help Indigenous groups buy into major projects. The practice adds to efforts like BMO&#8217;s launch of the first labelled Indigenous bond last October, and Scotiabank&#8217;s backing of investment dealer Cedar Leaf Capital Inc. to open more doors to financial services for Indigenous groups. &#8220;The banks recognize that this is a growth area,&#8221; Mark Podlasly, chief executive of the First Nations Major Projects Coalition, said at a conference in Toronto on Thursday. Indigenous people in Canada already have\" \/>\n<meta property=\"og:url\" content=\"https:\/\/theturtleislandnews.com\/index.php\/2026\/04\/30\/banks-expanding-further-into-indigenous-financing-as-project-push-accelerates\/\" \/>\n<meta property=\"og:site_name\" content=\"The Turtle Island News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TurtleIslandNews\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-30T20:21:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/theturtleislandnews.com\/wp-content\/uploads\/2016\/01\/facebooklogo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"725\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lynda Powless\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:site\" content=\"@newsattheturtle\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lynda Powless\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/04\\\/30\\\/banks-expanding-further-into-indigenous-financing-as-project-push-accelerates\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/04\\\/30\\\/banks-expanding-further-into-indigenous-financing-as-project-push-accelerates\\\/\"},\"author\":{\"name\":\"Lynda Powless\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#\\\/schema\\\/person\\\/7b188fd7503577895ef8b306988cd458\"},\"headline\":\"Banks expanding further into Indigenous financing as project push accelerates\",\"datePublished\":\"2026-04-30T20:21:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/04\\\/30\\\/banks-expanding-further-into-indigenous-financing-as-project-push-accelerates\\\/\"},\"wordCount\":466,\"publisher\":{\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/#organization\"},\"articleSection\":[\"National News\",\"ticker\"],\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/04\\\/30\\\/banks-expanding-further-into-indigenous-financing-as-project-push-accelerates\\\/\",\"url\":\"https:\\\/\\\/theturtleislandnews.com\\\/index.php\\\/2026\\\/04\\\/30\\\/banks-expanding-further-into-indigenous-financing-as-project-push-accelerates\\\/\",\"name\":\"Banks expanding further into Indigenous financing as project push accelerates - 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