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The Chippewas of the Thames First Nation proposes a sovereign wealth fund to boost Indigenous economic control and self-sufficiency.
The Chippewas of the Thames First Nation in Ontario is proposing a sovereign wealth fund to give Indigenous communities greater control over economic development by enabling direct investment in major projects on their lands, reducing dependence on federal approval and traditional banking systems.
The fund aims to accelerate infrastructure projects, improve access to capital, and generate sustainable revenue for housing and clean water, addressing longstanding barriers like the inability to use reserve land as loan collateral.
This initiative is part of a growing national trend of Indigenous-led financial ventures, such as Cedar Leaf Capital and First Nations Financial Markets, which seek to build economic self-sufficiency and long-term prosperity through greater participation in capital markets.
Los Chippewas de la Primera Nación del Támesis proponen un fondo soberano de riqueza para impulsar el control económico indígena y la autosuficiencia.