
Statement by Prime Minister Carney on National Indigenous History Month
OTTAWA, ON, June 1, 2025 /CNW/ - 'Indigenous Peoples have been stewards of Canada's lands and waters for time immemorial. National Indigenous History Month is a time to celebrate the histories, cultures, languages, knowledge, and traditions of First Nations, Inuit, and Métis Peoples.
'Indigenous leadership and perspectives will be foundational to how this government delivers its mandate. We will address past harms, take a distinctions-based approach, and advance self-determination, while upholding Modern Treaties and self-government agreements.
'Central to this commitment is the long-term wealth and prosperity of First Nations, Inuit, and Métis. To that end, we have doubled the Indigenous Loan Guarantee Program from $5 billion to $10 billion – and opened it to sectors outside of energy and natural resources to catalyze more Indigenous-led infrastructure, transportation, and trade projects across the country.
'As Canada moves forward with nation-building projects, the government will be firmly guided by the principle of free, prior, and informed consent.
'We will work in full partnership with Indigenous Peoples – advancing shared priorities from health care, food security, housing, and education to conservation, climate action, and emergency management. We move forward on the important work of the calls to action in the Truth and Reconciliation Commission's Final Report, the National Inquiry into Missing and Murdered Indigenous Women and Girls' Calls for Justice, and the implementation of the United Nations Declaration on the Rights of Indigenous Peoples Act.'
This document is also available at https://pm.gc.ca
SOURCE Prime Minister's Office
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Hamilton Spectator
34 minutes ago
- Hamilton Spectator
Prime Minister Carney in Brussels for EU-Canada summit
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Forbes
43 minutes ago
- Forbes
Why CEOs Should Make AI Their New Leadership Coach
President Donald Trump's tariff policy has sent nearly every company that produces goods scrambling. The race is on to shift sourcing and streamline supply chains in a way that reduces both potential costs and risks. Proxima, part of Bain & Company, recently compiled its detailed Global Sourcing Risk Index which ranks countries according to their risks as sources for goods and manufacturing. The report was developed in partnership with Oxford Economics. This index, unlike many of the quick deliberations conducted in the past months, is not all about the presumed amount of President Trump's so-called reciprocal tariffs. Proxima took a much wider view of all risks, including many of those that countries may have faced in the pre-Trump trade-friendly period. 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I talked to Jacqueline Carter, a senior partner and North America director at global leadership development firm Potential Project, about how AI can help you out in that area. An excerpt from our conversation appears later in this newsletter. This is the published version of Forbes' CEO newsletter, which offers the latest news for today's and tomorrow's business leaders and decision makers. Click here to get it delivered to your inbox every week. ECONOMIC INDICATORS A general view of the Port of Kharg Island Oil Terminal, off the Iranian coast in the Persian Gulf and northwest of the Strait of Hormuz. Fatemeh Bahrami/President Trump's Saturday night announcement that the U.S. inserted itself into the current Middle East conflict by bombing three Iranian nuclear sites didn't seem to shake markets in Monday morning trading, as investors stayed in wait-and-see mode. 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A lot of organizations right now are looking at implementing systems that do what AI does best, which is collect data, collect information and consolidate. That can be really amazing for leaders to be able to step out of management activities and lean more into leadership. The big question is, what are you going to do with that time saved? What we're concerned about is, 'It helped me write this email faster. I'm going to just write more emails.' There's a real opportunity to use that time to be able to have more human connections, and be more present with your people. AI can help with that, too. For a performance review, there's some amazing AI tools. You can say, 'Here's some of the things that I know about [an employee]. Here's what I need to talk to her about. What would be a good way to approach this conversation, because I think it's going to be a little bit challenging.' AI can consolidate that information. But the key thing is to be able to make sure that I'm really focusing on you and having that really personalized experience using the technology, and leveraging it to be able to be more human. We've also seen amazing tools that can identify sentiment analysis, help a leader to be able to understand: I sent out a message about a major communication last week. What's the sentiment in the organization? That's data that we would never be able to have. That's what AI does well, and it can be gold for leaders. The final thing that we see is that it can be a great coach. A lot of leaders that we work with are creating their own AI avatars where they share a lot of personal information about themselves. But then they can have a coach in the pocket. It can be like, 'I'm about to have a conversation with [an employee]. Based on what you know about me, what do you think could be some of the blind spots?' From your perspective, what would the ideal AI-augmented leadership look like? There's three core qualities of effective leadership. The first one is awareness: being aware of what's going on inside and outside. Wisdom: the ability to be able to make good decisions and discern. And finally, the ability to bring compassion to the table: Being able to do hard things, but do them in a human way. There [are] key ways that we can enhance our awareness, our wisdom, our compassion. From an awareness perspective, we know that human beings are amazing at context. Who am I talking to? Why is this important? Do I care? Should I care? Am I tired? Should I not have this conversation if I haven't had enough sleep? This is context. AI is amazing at content. That's a real way to be able to move from my limited awareness to be able to leverage AI, which has amazing content to be able to help me in terms of enhancing my awareness. Content would be, 'Hey, that email that you sent out last week about the organizational change, people don't like it.' That's adding to my awareness. On the wisdom side, human beings are amazing at being curious and asking questions. AI is amazing at giving answers. That interplay, and then questioning the answers is a great way to play with the tool. It actually enhances our ability to make good decisions. If you ask questions like, 'What am I not thinking?' or 'What's a really bad way to go about what I'm about to do?', this is a way to expand our wisdom. On the compassion side, because AI systems are designed to embed human empathy, human intelligence and models of good leadership, we can use those algorithms to be able to bring our human heart to the table. I want to be able to support my team in feeling more connected. Use those algorithms. Those algorithms can really help you to be able to enhance it. The augmented leader of the future—which is really now—is a both/and leader. They look at ways to be able to leverage the technology to be able to support their awareness, wisdom, compassion, and they also double down on being more aware, wise, compassionate. Where would you tell a business leader who has been thinking of using AI to enhance leadership to start? There's two important places to start. We believe that in the age of AI, we need to make sure that we're developing the best of our human capabilities and human qualities. As AI gets more and more advanced, we need to make sure that equally we're being the best versions of ourselves. The starting point should always be your own humility, your own awareness of your limitations, your own ability to be able to set your vision? What kind of a leader do I want to be? Those are kind of the foundational questions that then will enable you to use the tools better. The starting point is around you and your own ability to be able to really know yourself well and [figure out] what are your opportunities? Then start playing around. Start experimenting with the tools, because the tools are fun to play with. Make it an adventure. And really challenge yourself to be creative about how you start to leverage the tools. If you're asking questions and it's giving answers that you think are not very helpful, there's two things that I would say to that. The first is that the AI that you're using today is already the worst AI that you'll ever use. A lot of times when we don't get good answers, it's because we're not asking good questions. If you're asking a simple question—draft an email for me—and you're not providing context [or] saying what you want, the outcomes, how do I want [the recipient] to feel, you are not providing enough context to be able to then get good content. If you get a bad answer, challenge yourself to be able to provide more context, ask better questions, bring more heart to the table. COMINGS + GOINGS Food production giant Hormel Foods will tap Jeffrey Ettinger as its interim chief executive officer, effective July 14. Ettinger worked in the same role from 2005 to 2016, and is currently board chair for the Hormel Foundation. He was selected for a 15-month appointment after a search to replace retiring CEO James Snee. will tap as its interim chief executive officer, effective July 14. Ettinger worked in the same role from 2005 to 2016, and is currently board chair for the Hormel Foundation. He was selected for a 15-month appointment after a search to replace retiring CEO James Snee. Luxury group Kering appointed Luca de Meo as chief executive officer, effective September 15. De Meo joins the company from Renault, and current CEO and son of the founder François-Henri Pinault will continue in his board chair role. appointed as chief executive officer, effective September 15. De Meo joins the company from Renault, and current CEO and son of the founder François-Henri Pinault will continue in his board chair role. Children's entertainment company Spin Master selected Christina Miller as its next chief executive officer, effective July 7. Miller has served on the firm's board for the last five years, and she will succeed Max Rangel. Send us C-suite transition news at forbescsuite@ STRATEGIES + ADVICE The Trump Administration is ramping up its crackdown on immigrants who are in the U.S. illegally or are no longer authorized to work. Here's what employers should know to prepare for potential impacts on your employees and company. Part of what's making work feel burdensome could be carrying the weight of problems that are actually keeping you from advancing. Here are five ways to get beyond doing things the way you've always done them and move toward improving your business. QUIZ The U.S. had the highest number of new millionaires in the world last year, according to the UBS Global Wealth Report 2025. How many Americans earned millionaire status for the first time in an average day? A. 100 B. 500 C. 1,000 D. 1,500 See if you got it right here.


News24
an hour ago
- News24
Voluntary co-funding of Transformation Fund will bring real change
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