b'RESOURCE PARTNERSHIPSSHARED PROSPERITYBy Andrew SnookN a t u r a l r e s o u r c e p a r t n e r s h i p s w i t h I n d i g e n o u s g r o u p s a r e o n t h e r i s et h a n k s t o k e y p r o g r a m s h e l p i n g t o b r i n g t h i s a b o u tT heimportanceofpositivereconciliation can fuel Canadas resur- ThegovernmentofCanadaand andproductiveIndigenousgence, author Varun Srivatsan saysprovincial governments are becoming partnerships in the successfulRBC Thought Leaderships researchincreasingly aware of the importance developmentofCanadasshows that 73 per cent of Canadasof building true partnerships with naturalresourcessectorhas504 major resource and energy proj- Indigenous communities to ensure never been clearer. They are essentialects planned or currently underway inthat these 500-plus projects succeed. notonlyfromtheperspectiveofCanada run through, or are within aOne way Ottawa has promoted the reconciliation and fostering stronger20-kilometre radius of Indigenous terri- economic participation of Indigenous relations, but also of the need fortoriesnamely, treaty, title uncededcommunities in recent years is through sustainable resource management andand consultation lands.theIndigenousNaturalResource successful economic development.Partnerships (INRP) Program, a five-Many major resource projects, afterWhats the potential value of theseyearinitiativelaunchedin2022. all, are on Indigenous territory. projects in terms of Indigenous equityEquipped with $80 million for project opportunity? According to RBC, thefunding, the INRP is designed to assist In a recent RBC article titled Buildingvalue will be $98 billion over theIndigenous communities in their capac-Together: How Indigenous economicnext decade. ities to engage in, benefit from, actively 40A CCIB PUBLICATIONFall 2025'