On June 5, 2025, First Nations Bank of Canada and the Business Development Bank of Canada (“BDC”) announced that they have launched a $100M initiative to increase business acquisitions by Indigenous communities and economic development agencies across the country.

Founded in 1996, First Nations Bank of Canada (FNBC) is a Canadian chartered bank focused on providing financial services to the Indigenous marketplace in Canada. FNBC is 88 percent Indigenous owned and controlled.

BDC is a partner of choice for all entrepreneurs looking to access the financing and advice they need to build their businesses and tackle the big challenges of our time. The investment arm, BDC Capital, offers a wide range of risk capital solutions to help grow the most innovative firms.

Miller Thomson advised First Nations Bank of Canada with a team comprised of Eric Johnson and Jeren Tuchscherer (Financial Services).