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Canadian Prime Minister Mark Carney’s office said on 26 October 2026 that he convened First Nations leaders and premiers. The office said the leaders agreed to develop revenue-sharing mechanisms, including a potential First Nations Sovereign Wealth Fund. According to the office, the government announced C$260 million over four years for a new Indigenous workforce readiness fund. The office said the leaders discussed the possibility of reforming or abolishing the Indian Act. Carney said the same day: “Canada’s strength comes from what we can build and what we achieve together.”

Editor’s note: The Canadian Constitution recognizes three groups of Indigenous peoples: First Nations, Inuit and Métis (Crown-Indigenous Relations and Northern Affairs Canada – Indigenous peoples and communities – https://www.rcaanc-cirnac.gc.ca/eng/1100100013785/1529102490303).

Sources: Office of the Prime Minister of Canada – “Prime Minister Carney convenes First Nations leadership and First Ministers for the first time in two decades, launches discussions on a new First Nations Sovereign Wealth Fund” – pm.gc.ca, operated by the Office of the Prime Minister of Canada – 26 October 2026 – https://www.pm.gc.ca/en/news/news-releases/2026/10/26/prime-minister-carney-convenes-first-nations-leadership-and-first

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