Prime Minister Mark Carney emerged from an Ottawa summit with several premiers and First Nations leaders saying the government wants to “give First Nations and their children and their children’s children an opportunity to share directly in the wealth the country is creating.” The Assembly of First Nations (AFN) has proposed a dedicated sovereign wealth fund, he said, and it’s a possibility the government and First Nations will explore. It would be distinct from the pan-Canadian Canada Strong Fund Carney proposed in April. (The Logic)

Talking point: Carney also promised talks on reforming or abolishing the Indian Act, support to train First Nations members in skilled trades, and more funding for policing and the capacity to respond to disasters like wildfires. Some First Nations leaders—though not AFN National Chief Cindy Woodhouse Nepinak, who took part in the news conference with Carney—called for the Liberals to abandon or amend Bill C-39 and its promise that project proposals will be handled within one year. Carney said the bill would have no effect on constitutional duties to consult with Indigenous Peoples when their rights are affected. 

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