Yet there is plenty of evidence to contradict the stereotype that all Indigenous Canadians are trapped in a cycle of misery. The most developed is called Project Reconciliation, which proposes to buy a 51-per-cent stake in TMX. The group has invited Indigenous communities in British Columbia, Alberta and Saskatchewan to participate as shareholders, with the goal of creating a sovereign wealth fund. Project Reconciliation is not the only Indigenous player on the block. The sale of TMX has the potential, if handled properly, to generate long term revenues for a large number of Indigenous communities and eventually lead to economic independence.

Source: National Post June 05, 2019 20:48 UTC