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Statement regarding the Kamloops Indian Residential School from the Reconciliation and Responsible Investment Initiative (RRII)

May 31, 2021 - It is with a heavy heart and many tears that we add our voice to those across Turtle Island who mourn for the 215 young spirits finally located last week in Kamloops, British Columbia. We grieve with the Tk’emlúps te Secwépemc Nation and the families of the lost children. The truly devastating reality of what happened at these Indian Residential Schools is all too real today for many Indigenous peoples. We ourselves, or our family members and friends, have experienced the intergenerational trauma firsthand. Some will show the physical scars from where they were hit for speaking their own language, others...

Press Release: TMX Group Limited shareholders vote in favour of company-supported shareholder proposal on Indigenous inclusion

Historic support for shareholder proposal on Indigenous inclusion cultivates meaningful, transparent action on reconciliation in the financial sector May 12, 2021 – Shareholders of TMX Group Ltd. voted overwhelmingly to support a resolution on Indigenous inclusion and reconciliation at the company’s annual and special meeting of shareholders held earlier today. The vote will have profound effects on Canadian companies and the Indigenous economy. The Shareholder Association for Research and Education (SHARE), a national investor advocate, filed the proposal on behalf of the Atkinson Foundation. TMX Group made history when the company announced it would recommend a vote in favour of an amended version of the proposal.  This...

New research finds corporate Canada dragging its feet in disclosing progress on reconciliation

March 11, 2021 – New research suggests that corporate Canada is slow to recognize the value of tracking and reporting on Indigenous relations and reconciliation. The report, Business and Reconciliation: An Update Exploring the Performance of Public Companies in Canada, reviewed company disclosures using a broad set of indicators to measure  progress in advancing reconciliation since the release of a benchmark report in 2017. Research on a sample of 78 companies found a 26 percent increase in the number of companies stating that they prioritize employment of Indigenous people, up from 13 percent in 2016. In addition, there was a 28 percent increase in companies that...