Episode

Jon Davey: Why Scotiabank Bet on Canada's Indigenous Economy

Podcast
Drumbeats - Canadian Indigenous Investment Podcast
Published
Mar 5, 2026
Duration seconds
1418
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https://rss.com/podcasts/drumbeats/2603621
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https://content.rss.com/episodes/278321/2603621/drumbeats/2026_03_05_15_04_29_4521417a-a10d-4aaf-838b-79f51c1e35ab.mp3
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Summary

For senior investment bankers, infrastructure fund managers, and institutional investors building a picture of Canada's Indigenous economy, understanding who is driving change inside the country's major financial institutions matters as much as understanding policy. This episode gives you direct access to one of those people. Jonathan Davey is Managing Director of Indigenous and Government Advisory at Scotiabank's Global Banking and Markets division- the first role of its kind at a major Canadian bank. Haudenosaunee and a member of the Lower Cayuga Nation of the Six Nations of the Grand River, Jonathan spent a decade practising Indigenous law at Canada's Department of Justice before Scotiabank asked him to help build their Indigenous financial services practice. Most recently he spent two years working directly in the office of Scotiabank's President and CEO Scott Thomson before stepping into his current role. In Part 1 of this conversation, Jonathan covers: His path from Indigenous law to capital markets - why he left the Department of Justice after a decade, what Scotiabank's pitch actually was, and how a mutual investment between banker and institution built something genuinely new What it means to work for the Crown as an Indigenous person - Jonathan speaks candidly about the weight of representing a federal government whose decisions have historically been injurious to his community, and why moving to the private sector gave him more room to create change Two years in the office of Scotiabank's CEO - what Jonathan observed about leadership at the highest level of a major Canadian financial institution, and how Scott Thomson's approach to Indigenous relationships shaped the bank's direction Cedar Leaf Capital - how client demand from a single procurement-focused co…