Constructing Excellence’s Post

A Heartfelt Salute to #NationalIndigenousPeoplesDay On this special day, I’m embracing an Indigenous tradition of sharing knowledge. A wise First Nation community member once told me, “If you have knowledge, you share it.” As someone privileged to work with First Nations, Inuit, and Métis peoples, I’m eager to pass on what I’ve learned about our collective journey towards Reconciliation, especially in the context of the #TruthandReconciliationCommission #CalltoAction92. Learning from a True Leader The Honourable Murray Sinclair, Chair of the Truth and Reconciliation Commission, recently shared some insights. He emphasized that corporate leaders need to understand their role in the history and the damage done to Indigenous cultures, resources, and properties. This understanding is crucial for shaping the direction of Reconciliation from Corporate Canada. A Call for Change in Corporate Culture Sinclair’s message is clear: Corporate Canada’s responsibility extends beyond contracts and employment. It’s about a fundamental shift in our corporate culture - how we think, how we do business, and how we talk about each other and Indigenous resources. The Journey of Reconciliation In Sinclair’s inspiring words, “Reconciliation is a constant effort.” I’m committed to this journey, ready to learn, unlearn, and share my learning. Join the Conversation. For more insights from Sinclair, check out his full interview here: https://lnkd.in/gpBftpJb Here is the Truth and Reconciliation Commission of Canada: Calls to Action: https://lnkd.in/gnuUdswA

HOW TO GROW THE CANADIAN ECONOMY AND PRODUCTIVITY- Growth can solve a lot of problems, like government deficits and debt, health care, education and helping those who need it, like the disabled and elderly poor. Please listen to this video. It is a hour and 15 minutes long but you will learn a lot about what Canada needs to do to improve its economy for the new era of sustainable growth. The talk focuses on growth in sustainable energy and in AI development and its application in all aspects of our economy. It focuses on private not government investment. It also envisions a future where the poorer in our society will benefit from this profitable growth, not worrying that some of the wealthy and others will benefit more because, they will be the risk takers and the enablers.

Today, on National Truth and Reconciliation Day, we pause to reflect on the deep wounds left by the residential school system and the ongoing journey towards healing and understanding. This isn’t just a day to remember the past—it’s a call to action for all of us to play a part in building a future where Indigenous voices are heard, honored, and respected. Let’s commit to listening more, learning more, and doing more to support reconciliation. From educating ourselves on Indigenous history to advocating for equity in our communities, we can all contribute to meaningful change. Reconciliation is a shared responsibility, and it’s up to each of us to carry the torch forward—not just today, but every day. Together, let’s create a future where Indigenous stories are celebrated, and their contributions to Canada’s fabric are fully recognized.

Great interview with Nate Erskine-Smith, Mark, particularly the discussion around carbon pricing applied to traded goods, and the Climate and Trade Task Force in the U.S. Here's what I envision, which is a version of what you were discussing: How to Actually Phase Down Carbon (In a World That Doesn’t Want To) Petro states (the United States, Saudi Arabia, Russia, Canada and all the other smaller ones, like Norway), will not voluntarily reduce production of oil and gas, no matter how benevolent or how climate-forward we think they are. What’s needed is action on the demand side because voluntary throttling of supply never works (think of the war on drugs).  In terms of a carbon phasedown, a carbon fee is an effective way to do it. o   The fee would be universal – every country would pay it o   The fee would be collected at the first point of sale for each fuel source o The fee would be returned to the citizens through a mechanism, to be decided within each country Countries refusing to collect the fee would be hit with tariffs or, worse, would face sanctions.

💡 Insights: First Nations Development Institute gives us a look into Native American board representation across large foundations. Read more here: https://bit.ly/4iP0aqO

Thinking about the First Nations Major Projects Coalition Conference. Congrats to all organizers on a job well done. I was pleased to have many conversations with skilled, passionate, experienced and “in the deal flow” people who are involved from a wide range of roles, responsibilities and perspectives. I wear 2 hats these days, advisor to Chief and Council at Constance Lake First Nation and advisor to leadership and through the firm clients at Mokwateh (who was involved in many significant ways at the FNMPC conference!!! ). Both of these situations allow and encourage Joel to Be Joel, and this post reflects my thoughts alone. Judging by my conversations at FNMPC I’d put myself in the ‘aggressive’ category in terms of defining the assessments and decision making path to consent and then creating value derived from the exercise of Indigenous rights in agreements between rights holders and counter parties. I am fortunate to work with Chief Allen and CLFN Council who are committed to creating PRECEDENTS for the people. This week in post conference meetings with government and proponents, on 3 separate occasions we were told we were the first Nation to ever ask for a meeting to discuss the topics we wanted to discuss. We felt good about that! And were encouraged by the conversations. Over the past decade I have learned a lot, from successes and failures, working with First Nations governments, community members, businesses, and a range of counterparties, including all layers of government. I am now dealing more and more with other advisors, consultants, experts and professional service providers, expanding my network and flow of information. When I graduated from Ivey Business School at Western University I used to look at the world through the lens of a generalist business analyst, then when I traded through lens of a trader, then as a CEO type business person, then a social entrepreneur in Africa and now more and more I look at life situations through the lens of equity and fairness, seeking ways to create opportunity that is actually executable. One example that has piqued my curiosity. How do the impacted First Nations in the Elk Valley in BC benefit from the $9 billion Teck Resources Limited sale of a coal business to Glencore transaction? What sort of go forward arrangement are they able to strike? I’d love to be part of a group that discusses these situations, seeking precedents, sharing information as appropriate so that we as advisors are always advancing opportunities for our clients. The purpose of this post? Respecting confidentiality, fiduciary and professional obligations, I’d like to put out there in the universe I’m open to talk with like minded people about ideas, concepts, structures, transactions, challenges, gaps and anything to help us all do the best we can for our clients. Lets sustain the momentum and energy from this conference to create precedents !!   Happy Sunday! https://fnmpc.ca/   

Imagine the transformative impact if every household in The Bahamas had someone with a higher education degree, certificate, or diploma. This was one of the thought-provoking questions asked at the recent T. B. Donaldson and Sir William C. Allen Distinguished Lecture on Inclusive and Resilient Growth organized by the Central Bank of The Bahamas. Acting President of University of The Bahamas Janyne Hodder was among the panelists. She shared insights on how UB is evolving to support national growth. Even before Bahamian independence in 1973, there was a strong belief in the power of higher education to elevate our citizens and strengthen our nation. By increasing participation in higher education, we can boost the number of graduates and foster a more skilled workforce. Offering diverse academic programmes, including micro-credentialing for professionals, can further enhance accessibility and drive positive change. University of The Bahamas and the national higher education system are key to developing a robust and resilient country. Watch the Central Bank of The Bahamas' recording of this enlightening discussion.

Privileged earlier to capture some key reflections from Simon Coveney’s 4th John Hume European ‘Spirit of Peace’ Lecture at the Institute of International and European Affairs #IIEA 🌍 After introduction by former Deputy Minister and SDLP Leader Mark Durkan, Simon Coveney’s thought-provoking address pointed to key takeaways that included: 🔴 Europe at is at a Crossroads    •   With war raging in Europe again, countries like Poland, Norway, Sweden, and Finland are significantly ramping up defence spending.    •   In Ireland, there’s a critical need to engage in meaningful discussions about our role in defence and security acknowledging that while Tánaiste Michael Martin has advanced this many still feel Ireland is free loading. 🔵 A Global Crisis of Multilateralism    •   The UN remains a crucial protector of smaller nations, but its effectiveness depends on collective responsibility.    •   History seems to be repeating itself, with geopolitical and economic tensions polarising nations and eroding trust in multilateral institutions. 🟢 Ireland’s Unique Position    •   As one of the most globalised economies in Europe and indeed the world, Ireland has thrived by being an open, international hub for innovation and investment.    •   However, with globalisation in retreat and a shifting geopolitical landscape, particularly in the U.S., Ireland must prepare for a world that looks very different. 🌍 The Bigger Picture    •   The conflict in the Middle East is a profound moral crisis, with harrowing statistics highlighting the toll on children in Gaza.    •   In an increasingly transactional and polarised world, the forces of populism and division must be countered. 🔑 Lessons from John Hume. As Simon Coveney reminded us, we must honour John Hume’s legacy by championing humility, values, and constructive politics. Ireland must use its influence wisely while respecting diversity and building bridges. All in all these remarks are a stark reminder of the challenges ahead, but also of Ireland’s potential to lead with compassion, pragmatism, and purpose. The ultimate question centres on how can Ireland best navigate these turbulent times while staying true to its traditional values? #Leadership #GlobalChallenges #JohnHume #Ireland #Geopolitics #Peace

https://lnkd.in/dCrxZxmV The Pacific Pivot: A Discussion on American Strategy for the Pacific Islands The Heritage Foundation 5 Dec 2024 Join us for an exciting event where we discuss the current state of U.S. policy in the Pacific Islands and what can be done to improve it.