{"podcast":{"title":"Drumbeats - Canadian Indigenous Investment Podcast","slug":"drumbeats-canadian-indigenous-investment-podcast-6966779","podcast_index_feed_id":6966779,"rss_url":"https://media.rss.com/drumbeats/feed.xml","website_url":"https://canadianindigenousinvestmentforum.org/drumbeats-podcast","image_url":"https://media.rss.com/drumbeats/20240711_090707_e5372053b85550aaa1c747e6c58cde86.png","author":"Canadian Indigenous Investment Forum","episode_count":83,"summary":"WELCOME TO DRUMBEATS Drumbeats is the must-listen podcast for investors interested in Indigenous investment in Canada . Born from the Canadian Indigenous Investment Forum , the show focuses on the nexus of Indigenous economic strategies and investment opportunities. Hosts Mark Magnacca and Rob Brant , co-chairs of the Summit, lead engaging interviews and expert analyses that explore how these crucial conversations impact economic development within Indigenous communities and beyond.","last_synced_at":"2026-06-19T04:18:14.127226+00:00","page_url":"https://stenobird.com/podcast/drumbeats-canadian-indigenous-investment-podcast-6966779"},"episode":{"title":"First Nations Bank of Canada's Bill Lomax: zero defaults, scaling fast","slug":"first-nations-bank-of-canada-s-bill-lomax-zero-defaults-scaling-fast","published_at":"2026-05-28T15:30:00+00:00","page_url":"https://stenobird.com/podcast/drumbeats-canadian-indigenous-investment-podcast-6966779/first-nations-bank-of-canada-s-bill-lomax-zero-defaults-scaling-fast","show_page_url":"https://stenobird.com/podcast/drumbeats-canadian-indigenous-investment-podcast-6966779","url":"https://rss.com/podcasts/drumbeats/2855359","audio_url":"https://content.rss.com/episodes/278321/2855359/drumbeats/2026_05_25_10_29_34_8b453c5c-848d-450f-a5d7-310c2098bcd6.mp3","summary":"Bill Lomax, CEO of First Nations Bank of Canada, on growing a Schedule I Indigenous-owned bank to $5.4B AUM with a near-zero default record. Mark Magnacca and Rob Brant sit down with Bill at the TMX Market Centre in Toronto during the FNMPC annual conference. Founded in 1996 with TD Bank as regulatory sponsor and now approximately 91% Indigenous-owned, First Nations Bank of Canada marks its 30th year in 2026. Under Bill's leadership the trust business has grown from roughly $800 million to $1.4 billion in assets under management, and the bank's current equity raise has already exceeded its $50 million target ahead of close. What this episode covers: Credit profile and partnership architecture: a near-zero default rate and a $25 million lending cap multiplied through co-financing with the Canada Infrastructure Bank, BDC, and EDC. The $1.5 trillion Canadian SME succession opportunity, and why First Nations economic development corporations are emerging as long-hold buyers that preserve management and legacy where private equity does not. Sectors moving fastest under the Carney government's major projects agenda, with Bill flagging defence as an opportunity most Nations have yet to position for. Drumbeats is the podcast of the Canadian Indigenous Investment Forum. More at canadianindigenousinvestmentforum.org .","meta_description":"Bill Lomax, CEO of First Nations Bank of Canada, on growing a Schedule I Indigenous-owned bank to $5.4B AUM with a near-zero default record. Mark Magnacca…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2199,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/drumbeats-canadian-indigenous-investment-podcast-6966779/episodes/first-nations-bank-of-canada-s-bill-lomax-zero-defaults-scaling-fast/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/drumbeats-canadian-indigenous-investment-podcast-6966779/first-nations-bank-of-canada-s-bill-lomax-zero-defaults-scaling-fast.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}