Welcome to Inside Policy Talks, where we discuss the most pressing policy issues shaping Canada’s indigenous economic development!
In this episode, the Macdonald-Laurier Institute’s Indigenous Affairs Program Director, Ken Coates, is joined by Kody Penner, Vice President of Corporate Development for Nations Royalty.
Penner provides valuable insights on the innovative model that Nations Royalty is pioneering to transform the financial basis of indigenous involvement in the mining sector. He explains how Nations Royalty is using a mining royalty business model to consolidate and diversify the royalty payments that indigenous groups receive, allowing them to rapidly grow their wealth and economic self-sufficiency.
Penner also discusses how this model empowers indigenous communities to take more control over resource projects on their lands, by providing upfront capital that can be invested in community priorities.