BOC and reconciliation with Indigenous people
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Video
Overview
The Bank of Canada and other central banks, in conjunction with indigenous leaders want reconciliation and better economic outcomes for individuals. This video explores what is happening, gives the back story and sets the stage for a more in-depth analysis.
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Limited historical success
Banks in Africa have a return on equity of 7%. First Nations bank has a ROE of 5%.
Meanwhile Canadian banks have ROE of 15% and above.
Appears at 0s - 336sROE comparison
This chart compares ROE between several small Canadian banks.
Compared to Canadian Tire bank, First Nations bank and Alterna are serious under-performers.
Appears at 10s - 336sComments & Discussion
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