The Position Reporting to the Human Resources Manager, the Human Resources Officer will play a key role in supporting the organization’s human resources functions and contribute to the development and implementation of HR strategies and initiatives. They will also perform administrative tasks and services to support effective and efficient operations of NACCA.
June 16, 2023 – Ottawa (ON) – On, Wednesday, June 14th, 2023, the National Aboriginal Capital Corporations Association (NACCA) brought Parliamentarians and their staff together with leading experts on economic reconciliation and Indigenous prosperity for a successful lunch and learn. The event was hosted on Parliament Hill in partnership with the Senate of Canada and hosted on the unceded and unsurrendered territory of the Algonquin and Anishinaabe People.
“Advancing Economic Reconciliation on Parliament Hill”, was an opportunity to discuss economic reconciliation, what it should look like, and who should be involved. After a beautiful performance from the Spiritwolf Singers and an opening prayer led by Elder Claudette Commanda, opening remarks were made by Victoria LaBillois of the National Indigenous Economic Development Board (NIEDB), Senator Marty Klyne, and NACCA CEO, Shannin Metatawabin.
In his remarks, CEO Shannin Metatawabin highlighted the benefits of investing in Indigenous communities by emphasizing NACCA’s work to recycle an initial federal investment of $240 million into 50,000 loans worth more than $3 billion. Shannin says, “Everyone plays a role in economic reconciliation, and it benefits everyone in the end. With the proper inclusion and consultation, fulsome discussions, and collaboration, we can take the journey of economic reconciliation together toward a better future for all.”
The knowledge sharing was well-received, and a key takeaway was the importance of government collaboration in addressing the remaining barriers to Indigenous economic growth and ongoing supports for what is already working. This includes programs like the Aboriginal Entrepreneurship Program (AEP) through NACCA and the Indigenous Financial Institution (IFI) network. The event highlighted Indigenous economic success stories, as well as a panel discussion on the importance of economic inclusion and how it plays a role in reconciliation. NACCA extends its sincere appreciation to Victoria LaBillois (Wejuseg Construction), Jean Vincent (NACCA), Jeff Klause (Voyageur Internet), and Udloriak Hanson (Baffinland), Kirt Ejesiak (Arctic UAV Inc), Dawn Madahbee-Leach (Waubetek Business Development Corporation) and Bill Lomax (First Nations Bank of Canada – (FNBC)) for their expertise and insight. Special note of the thanks to FNBC for sponsorship of the event.
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NACCA CEO Shannin Metatawabin, Senator Marty Klyne, NACCA COO Cory McDougall
Senator Marty Klyne
Senator Brian Francis
Victoria LaBillois
**Photo Credit – Fred Cattroll
Media inquiries: jlamoureux@nacca.ca
NACCA, the National Aboriginal Capital Corporations Association, is a network of over 50 Indigenous Financial Institutions (IFIs) dedicated to stimulating economic growth for all Indigenous people in Canada. These efforts increase social and economic self-reliance and sustainability for Indigenous people and communities nationwide.
NACCA advocates for Indigenous economic development by focusing on the following: representing the unified voice of IFIs; publishing national and regional results of IFI work; fostering partnerships and building capacity; and delivering programs, products, and services to IFIs.
The Accounting Administrator is responsible for administering accounting functions, including preparing accounts payable and accounts receivable, maintaining the corresponding sub-ledgers as
well as assisting with monthly closings and account analysis and supporting the Finance team in carrying out the day-to-day responsibilities of the department.
NACCA advocates for Indigenous economic development by focusing on the following: representing the unified voice of IFIs; publishing national and regional results of IFI work; fostering partnerships and building capacity; and delivering programs, products, and services to IFIs.
The IT Manager will be responsible for the overall planning, organization, and execution of all IT functions to meet NACCA’s organizational requirements. They will lead the IT services department with the primary objective being to facilitate the effective use of technological and productivity tools by the organization in support of NACCA’s strategic plan. The successful candidate will also be accountable for ensuring reliable and secure systems administration.
Welcome to the inaugural edition of Indigenous Prosperity magazine. These are the stories of the important work and people contributing to the success across the NACCA network and to celebrate the resilience and strength of Indigenous communities and entrepreneurs.
GATINEAU, QUEBCEC, April 21, 2023 – The National Aboriginal Capital Corporations Association (NACCA) and the Indigenous Financial Network (IFI) is pleased to announce the conclusion of this year’s Indigenous Prosperity Forum, hosted on the unceded and unsurrendered territory of the Algonquin and Anishinaabe People. The forum, with its theme of ‘Paths to Prosperity – A Bright Future Rooted in Tradition’, was the organization’s most successful thus far, with a sold-out gala and two days of keynotes, panel discussions, presentations, and break out sessions for participants related to Indigenous prosperity. The event also featured an incredible roster of Indigenous artists, entertainers, and artisans from across the country.
The conference was an opportunity for Indigenous elders, business owners, youth, and leadership to come together with professionals from business, financial institutions, and the government to discuss Indigenous economic development, self-sufficiency, and economic reconciliation. It was also an opportunity for the launch of the Indigenous Prosperity Foundation. The conference follows the launch of the National Indigenous Economic Strategy (NIES) in June 2022, which presented 107 Calls to Economic Prosperity to achieve a shared vision of socioeconomic parity for Indigenous Peoples in Canada.
NACCA CEO Shannin Metatawabin stated, “Enthusiasm amongst participants is high. Every day we see our members exemplifying this year’s theme. We are doing it – we are reclaiming our economy with a plan while remaining rooted in the traditions of our ancestors.”
NACCA and its members would like to thank all attendees, panelists, performers, and keynote speakers who shared their thoughts, visions, and ideas on what a truly inclusive economic community looks like for Indigenous peoples. The line-up reflected the diversity of the clients, communities, and partners that NACCA and the IFIs support and work with. The forum and gala would not have been a success without the incredible contributions of so many individuals. A special note of thank you for the generous sponsors of both the forum and gala, whose support ensured that this important event was possible.
With the resounding success of the forum this year, NACCA is setting its sights forward towards next year’s conference. We echo the important words of Elder Claudette Commanda’s closing prayer, “There is no such thing as goodbye. Our paths will meet again”, as we look towards the future. NACCA’s 2024 Indigenous Prosperity Forum will return to the Hilton Lac Leamy in Gatineau, QC on May 8th & 9th of 2024.
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Media inquiries can be directed to: jlamoureux@nacca.ca
NACCA, the National Aboriginal Capital Corporations Association, is a network of over 50 Indigenous Financial Institutions (IFIs) dedicated to stimulating economic growth for all Indigenous people in Canada. These efforts increase social and economic self-reliance and sustainability for Indigenous people and communities nationwide.
March 31, 2023
OTTAWA, ON – The National Aboriginal Capital Corporations Association (NACCA) expresses disappointment in the Liberal Government 2023 Federal Budget, as it fails in addressing and supporting the growing needs of Indigenous businesses and entrepreneurs across Canada. This budget will stifle the significant, positive advancements that have been made toward economic reconciliation in recent years and it is a surprising departure for a government that seemed willing to take the necessary steps to ensure economic self-reliance and prosperity in Indigenous communities.
NACCA believes that access to capital and support are essential for Indigenous entrepreneurs to thrive and contribute to the Canadian economy. However, the budget lacks the necessary investments to ensure that Indigenous-managed Financial Institutions (IFIs) have the resources needed to support Indigenous entrepreneurs effectively. This is particularly concerning, as demand for NACCA program support through the IFIs has increased substantially.
The Federal government has fallen short to meet their commitments and responsibilities to Indigenous communities. Not providing adequate resources for Important programs that build self-sufficiency and self-reliance through business ownership runs counter to economic reconciliation with Indigenous Peoples and the implementation of the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP) principles. This budget is a surprising diversion from the path to Indigenous prosperity and will certainly slow growth and momentum.
Shannin Metatawabin, CEO of NACCA stated, “The lack of sufficient investment in Indigenous businesses in the 2023 federal budget is concerning. It fails to prioritize support for economic prosperity for Indigenous communities and we urge the government to take more proactive steps towards ensuring Indigenous self-determination and economic empowerment.” Chair of the NACCA Board of Directors, Jean Vincent added, “We are disappointed that the government did not continue the positive momentum we’ve gained by supporting the growth and development of Indigenous businesses and entrepreneurs.” A more inclusive and collaborative approach that prioritizes sustainability and self-determination for Indigenous communities is required. This must include long-term meaningful investments for Indigenous entrepreneurs and the supports they require to prosper.”
Despite our disappointment in the federal budget, NACCA remains steadfast in our commitment to championing the growth of Indigenous businesses and entrepreneurs, strengthening them to greater economic equality and self-determination. The NACCA network’s 35 years of programming and advocacy have generated tremendous impact and tangible results with over $3 billion in loans distributed and more than 3,600 jobs created annually.
As we move forward, it is imperative that Indigenous inclusiveness and empowerment are prioritized as integral parts of Canada’s economy. Reconciliation requires action and taking the necessary steps towards healing the past to create a brighter future. Supporting Indigenous businesses and entrepreneurs creates a pathway to prosperity and equitable futures that benefit everyone. We call on Canada to build a truly inclusive and sustainable economy that is grounded in respect for Indigenous Peoples, their traditions, and their contributions.
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For more information please, contact jlamoureux@nacca.ca
NACCA, the National Aboriginal Capital Corporations Association, is a network of over 50 Indigenous Financial Institutions (IFIs) dedicated to stimulating economic growth for all Indigenous people in Canada. These efforts increase social and economic self-reliance and sustainability for Indigenous people and communities nationwide.
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L’Association nationale des sociétés autochtones de capitaux (NACCA) exprime sa déception à l’égard du budget fédéral 2023 du gouvernement libéral, alors qu’il s’agitde répondre aux besoins croissants des entreprises et des entrepreneurs autochtones partout au Canada et de les soutenir. Le budget étouffera les progrès importants et positifs qui ont été réalisés vers la réconciliation économique au cours des dernières années et il est surprenant pour un gouvernement qui semblait prêt à prendre les mesures nécessaires pour assurer l’autonomie économique et la prospérité dans les communautés autochtones.
La NACCA croit que l’accès au capital et au soutien est essentiel pour que les entrepreneurs autochtonesuissent prospérer et contribuer à l’économie canadienne. Toutefois, le budget ne prévoit pas les investissements nécessaires pour s’assurer que les institutions financières (IFI) gérées par les Autochtones disposent des ressources nécessaires pour soutenir efficacement les entrepreneurs autochtones . Cela est particulièrement préoccupant, car la demande de soutien du programme NACCA par l’intermédiaire des IFI a considérablement augmenté.
Le gouvernement fédéral n’a pas respecté ses engagements et ses responsabilités envers les collectivités autochtones. Le fait de ne pas fournir de ressources adéquates pour les programmes importants qui renforcent l’autosuffisance et l’autonomie grâce à la propriété d’entreprises va à l’encontre de la réconciliation économique avec les peuples autochtones et de la mise en œuvre des principes de la Déclaration des Nations Unies sur les droits des peuples autochtones (UNDRIP). Ce budget est un détournement surprenant de la voie vers la prospérité des Autochtones et ralentira certainement la croissance et l’élan.
Shannin Metatawabin, chef de la direction de la NACCA, a déclaré : « Le manque d’investissements suffisants dans les entreprises autochtones dans le budget fédéral de 2023 est préoccupant. Il ne donne pas la priorité au soutien à la prospérité économique des communautés autochtones et exhorte le gouvernement à prendre des mesures plus proactives pour assurer l’autodétermination et l’autonomisation économique des Autochtones. Le président du conseil d’administration de l’ANSAFC, Jean Vincent, a ajouté : « Nous sommes déçus que le gouvernement n’ait pas poursuivi l’élan positif que nous avons acquis en soutenant la croissance et le développement des entreprises et des entrepreneurs autochtones. » Une approche plus inclusive et collaborative qui accorde la priorité à la durabilité et à l’autodétermination des communautés autochtones est nécessaire. Cela doit inclure des investissements significatifs à long terme pour les entrepreneurs autochtones et le soutien dont ils ont besoin pour prospérer.
Malgré notre déception à l’égard du budget fédéral, la NACCA demeure inébranlable dans son engagement à promouvoir la croissance des entreprises et des entrepreneurs autochtones, en les renforçant vers une plus grande égalité économique et une plus grande autodétermination. Les 35 années de programmation et de défense des intérêts du réseau NACCA ont généré un impact énorme et des résultats tangibles avec plus de 3 milliards de dollars en prêts distribués et plus de 3 600 emplois créés chaque année.
À mesure que nous allons de l’avant, il est impératif que l’inclusion et l’autonomisation des Autochtones soient prioritaires en tant que parties intégrantes de l’économie canadienne. La réconciliation exige d’agir et de prendre les mesures nécessaires pour guérir le passé afin de créer un avenir meilleur. L’upporting des entreprises et des entrepreneurs autochtones crée une voie vers la prospérité et un avenir équitable qui profitent à tous. Nous demandons au Canada de bâtir une économie véritablement inclusive et durable qui est fondée sur le respect des peuples autochtones, de leurs traditions et de leurs contributions.
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September 22, 2022, Ottawa, ON – The National Aboriginal Capital Corporations Association (NACCA) and participating Aboriginal Financial Institutions (AFIs) are pleased to announce the establishment of a new $5 million Women Entrepreneurship Loan Fund.
AFIs across the country are now delivering the Women Entrepreneurship Loan Fund on behalf of Innovation, Science, and Economic Development Canada (ISED). First Nations, Inuit, and Métis women entrepreneurs from across the nation are now able to access loans up to $50,000 dollars to start or grow their business.
“Indigenous women are smart, resilient and driven, but they continue to face systemic barriers when starting or growing their businesses,” said the Honourable Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development. “That is why we ensured the Women Entrepreneurship Loan Fund provides targeted support for Indigenous women so they can reach their full potential, create local jobs, and drive economic growth in their communities.”
In 2020, NACCA set a goal to increase the number of Indigenous women entrepreneurs accessing financing through the AFIs by 50 percent by 2025. Currently, about 30 percent of the businesses supported by the network are owned or co-owned by women. The new Women Entrepreneurship Loan Fund will help NACCA and the network reach its goal of serving more Indigenous women entrepreneurs.
“Indigenous women often have difficulty accessing financing due to barriers like requirements for equity, full-time participation in their business, and more. The Women Entrepreneurship Loan Fund addresses these barriers by providing Indigenous women with access to micro-financing to help them achieve the success they deserve,” says NACCA Chief Executive Officer, Shannin Metatawabin.
The Indigenous Growth Fund (IGF Inc.) welcomes its first private investment, marking an important public and private partnership milestone focused on restoring growth and prosperity for the Indigenous economy. The IGF, an Indigenous investment fund, is under the management of National Aboriginal Capital Corporations Association (NACCA).
As the IGF’s first private investor, Block, a technology company with a focus on financial services and expanding economic access for everyone, is investing $3 million (CAD). Block’s investment, as part of its $100 million (USD) global social impact investment, will make loans available to more Indigenous entrepreneurs who require capital to start or expand their businesses through a growing number of Aboriginal Financial Institutions (AFIs) across Canada.
“Our partnership with Block demonstrates how similar private and public social impact investors are. We all need to work together to contribute to economic reconciliation, and by investing into Indigenous investment vehicles, we put reconciliation to action. Private investors like Block are essential to ensuring the IGF thrives as an enduring and evergreen fund, providing an ongoing stream of capital for Aboriginal Financial Institutions to support future generations of Indigenous entrepreneurs,” explains Shannin Metatawabin, Chief Executive Officer of the National Aboriginal Capital Corporations Association. “We know this investment will spark and inspire other companies to also contribute to economic reconciliation,” says Metatawabin. Continue reading
The Indigenous Procurement Working Group is pleased to present the procurement research and public policy papers, including a Summary Paper, to inform discussions on how the Federal Government can meet Indigenous procurement targets. This work builds upon the announcement made by Minister Anand on August 6, 2021, implementing a mandatory requirement for Federal departments and agencies to ensure a minimum of 5% of the total value of contracts are held by Indigenous businesses by 2024.
The purpose of these papers is to underline the importance of Indigenous procurement, as not an exercise in “supplier diversity,” but rather as economic reconciliation. As an act of reconciliation, the journey to include Indigenous peoples as meaningful participants in the Canadian economy will require changes to the procurement status quo.
Each of the recommendations within these papers, taken collectively, would effectively support every Federal organization to procure at least 5% of its goods and services from Indigenous businesses by 2024. They should be viewed as an informative roadmap that will help the Government of Canada to start their journey of increasing Federal procurement from Indigenous businesses.
Read the Research and Policy Papers