TD and Indigenous Communities in Canada
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TD and Indigenous Communities in Canada Inside Timeline: A history of commitment 4 A relationship built over time 10 Musician turned banker inspires Aboriginal women 14 Largest donation in TD’s history targets Aboriginal literacy 18 Sprouting greener communities 20 This report helps tell the story of TD’s ongoing support of Indigenous peoples and communities in Canada. From business development to community development, TD is demonstrating its strong commitment to Aboriginal prosperity. Contents 2 2015 Highlights 3 Reconciliation 4 A History of Commitment 6 Aboriginal Customers & Markets 11 Indigenous Talent & Employment 15 Community Investment 24 Resources & Contacts In this publication, “TD” or “the bank” refers to TD Bank Group. Data covers our fiscal period November 1, 2014, to October 31, 2015, and all currency is in Canadian dollars unless otherwise noted. Highlights from 2015 $1.8 billion in assets under administration and under investment management by TD Aboriginal Trust Services, making us an industry leader in this segment $4.2 million 640+ invested to Attendees at Indspire’s National Gathering for enrich Aboriginal Indigenous Education sponsored by TD communities in areas such as children’s literacy, financial education and environmental 6,600+ protection Aboriginal children in 99 communities across Canada participated in summer literacy camps supported by TD $600+ 716 1,000+ million Employees in our Employees viewed Aboriginal Circle @ TD Aboriginal History in business banking Month presentation relationships with by Wab Kinew, Aboriginal clients and a broadcast journalist enterprises throughout and advocate for Canada Indigenous inclusion 2 TD and Indigenous Communities in Canada Reconciliation: Message from Kerry Peacock In 2015, the Truth and Reconciliation Commission released its final report, documenting the atrocities of the residential school system in the words of survivors and witnesses. This report also contains a series of recommendations for all Canadians. According to the Commission, reconciliation business-led lunch and learn sessions with means establishing and maintaining a mutually Knowledge Keepers, Elders and the Metis Nation respectful relationship between Aboriginal and of Ontario. We have also begun to recognize non-Aboriginal peoples in this country. It’s about traditional lands as we open our events. The vast creating awareness of the past and the harms majority of our employees who participate in these inflicted, committing to changing behaviours, events ask to learn more, and actively share their and working together towards a prosperous experiences and learnings within TD. future for all. Throughout the years, TD Economics reports The report calls on corporate Canada to lead have brought attention to topics important to change through employment, education and Indigenous communities. In 2015, we released economic development initiatives. We are the latest report in our series, which helped to committed to playing our part and advancing elevate awareness about “Indigenous Women Aboriginal prosperity. Outperforming in Labour Markets.” Building on TD’s long history of partnering with Economy Indigenous peoples, organizations and communities, our TD and Indigenous Communities in Canada Aboriginal economic and business development report demonstrates how we are translating continues to drive a rapidly growing market. commitments into action. Sharing knowledge, building capacity and acquiring capital are essential to strengthen Employment economic development and prosperity in Aboriginal Diversity is a competitive advantage. Building an communities. TD partners with organizations like exceptional culture where differences are celebrated AFOA Canada to advance financial literacy and and every employee feels valued, respected and education. In 2015, in addition to our Commercial supported, means we attract, retain and develop and Wealth Management offerings, we launched the best talent. Indigenous communities are the Aboriginal Community Banking Program, a source of that talent. Through targeted outreach leveraging technology to bring banking services and partnership with schools and community into communities, including those in remote organizations, we are building awareness about locations. And through our supplier diversity the wide variety of career opportunities in financial program, we ensure that all vendors have services, and at TD. Through scholarships and equal access to opportunities associated bursaries we support access to post-secondary with the bank. education. And with initiatives like internships At TD, we know that prosperous and economically and associate programs, we transition great vibrant Indigenous communities mean a more talent from schools to employment with TD. prosperous Canada for everyone. Great progress has been made, but there is much more to be done. Education It is time for reconciliation. We believe in the Education is the key to dispel myths, facilitate value of working together towards a prosperous conversations, establish frameworks for support future for all. and continue to share messages more broadly. In 2015, we engaged leaders from Indigenous communities to share their perspectives with our employees. Our Business Banking leadership presented an Indigenous Women in Leadership Kerry Peacock panel discussion with three women Chiefs from Executive Vice President, Personal Banking Products Ontario First Nation communities. We continue and Chair, Indigenous Peoples Committee. our engagement through special events and TD and Indigenous Communities in Canada 3 A History of Commitment 1967 1996 2005-07 2008-10 TD celebrated Canada’s The Saskatchewan TD introduces Aboriginal + TD launches Centennial by creating Indian Equity Foundation Peoples as an area of focus Aboriginal Group an Inuit Art Collection, in and the Federation of and creates Aboriginal Mentoring program the hope “that through Saskatchewan Indian Steering Committee + Aboriginal Employee the display of the Bank’s Nations chose TD as Resource Group collection all Canadians will one of the founding formed in GTA gain a greater appreciation partners of First Nations + TD makes a commitment of the work of artists who Bank of Canada (FNBC) to support the are unmistakably and and the provider of principles of free, distinctively Canadian” management support and prior and informed back-office capabilities consent through our Environmental Policy 4 TD and Indigenous Communities in Canada Image 2011-12 2013-14 2015 + Aboriginal Circle @ TD formed + TD forms Aboriginal Banking Group + TD launches Aboriginal Community as online community to increase our Indigenous business Banking Program, bringing banking + TD Economics publishes two reports: + TD hires Aboriginal recruiter into communities across Canada, including those in remote locations Debunking Myths Surrounding + Aboriginal Employee Resource Canada’s Aboriginal Population and Group formed in Ottawa, Calgary + Aboriginal Circle @ TD grows to Estimating the Size of the Aboriginal 716 members – up from 212 in 2012 + TD’s National Aboriginal Day Market in Canada Celebrations grow to include + TD Economics releases two reports: + Sponsored Assembly of First Nations, 750+ employees nationally with Aboriginal Women Outperforming Annual General Assembly 20,000 visits to online content in Labour Markets and The Long and Winding Road Towards Aboriginal + Sponsored Queen’s Conference + TD is premier sponsor of Assembly Economic Prosperity on Indigenous Education of First Nation’s Annual General + TD hires VP, Aboriginal Banking – Assembly in Whitehorse + Community investment grows to $4.2+ million, up from $2.7 million a new position + TD Economics releases three reports: the previous year + TD supports first carbon Literacy Matters: Unlocking the offset project developed by Literacy Potential of Aboriginal + TD participates in development an Aboriginal community Peoples in Canada; A Demographic of a white paper Understanding Successful Approaches to Free, Prior + TD participates in development of Overview of Aboriginal Peoples and Informed Consent in Canada a white paper Free, Prior and in Canada; and Employment and (Boreal Leadership Council) Informed Consent in Canada Education Among Aboriginal Peoples (Boreal Leadership Council) + TD releases its first ever partnership report, TD and Aboriginal Communities in Canada + TD is awarded Progressive Aboriginal Relations (PAR) gold-level status by the Canadian Council for Aboriginal Business + TD helped finance a major Aboriginal-led renewable power project in Northern Ontario, McLean’s Mountain Wind Farm TD and Indigenous Communities in Canada 5 Aboriginal Customers & Markets Our goal is to be the bank of choice for the Aboriginal population, leading the way in creating financial solutions tailored to their unique needs. TD’s Aboriginal banking team TD offers a full range of financial services to meet the needs of Indigenous TD has Indigenous customers across the country and we want to deepen these relationships, while individuals, families and businesses. also attracting new clients and earning the honour of serving them. The Aboriginal segment of PERSONAL BANKING AND INVESTING the economy is growing and represents a huge opportunity. TD has long championed Aboriginal + Wide range of products economic success and we continue to demonstrate + Telephone banking in several Indigenous that we have a deep understanding of this market languages, including Cree, Lakota and Inuktitut and its diverse needs. Our