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Cedar Leaf Capital, a majority Indigenous-owned investment firm, receives regulatory approval and plans to become wholly Indigenous-owned.
Cedar Leaf Capital is set to become Canada's first majority Indigenous-owned investment dealer, launching later this month after receiving regulatory approval.
The firm is a partnership between Scotiabank (30% stake) and Indigenous groups, including Nch'kay Development, Des Nedhe Group, and Chippewas of Rama First Nation (70% total).
Its mission is to enhance Indigenous economic participation and promote economic sovereignty, with plans to eventually become wholly Indigenous-owned.
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Cedar Leaf Capital, una empresa de inversión mayoritaria de propiedad indígena, recibe aprobación reglamentaria y planea convertirse en propiedad totalmente indígena.