16 October, 2024
Des Nedhe Opens the Market With Cedar Leaf Capital: Canada’s First Majority Indigenous-Owned Investment Dealer Receives Regulatory Approval
We’re excited to announce that Cedar Leaf Capital, Canada’s first majority Indigenous-owned investment dealer, has received regulatory approval and will officially begin operations later this month. This groundbreaking partnership between Scotiabank, Nch’ḵay̓ Development, Des Nedhe Group, and the Chippewas of Rama First Nation is set to increase Indigenous participation in Canada’s capital markets.
Led by CEO Clint Davis, an Inuk from Labrador with over 20 years of experience in financial institutions and Indigenous organizations, Cedar Leaf Capital is focused on supporting Indigenous economic growth and empowerment. The firm will provide tailored financial services and create commercial opportunities for Indigenous communities, contributing to long-term economic reconciliation.
Through this collaboration, Cedar Leaf Capital aims to build stronger financial futures for Indigenous nations by offering mentorship, employment, and capacity-building initiatives.