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RBC has a long history of strong relationships with aboriginal communities. We are committed to serve Aboriginal Peoples by developing innovative products, improving access to financial services and supporting programs that enhance economic and community well-being. In 2004, RBC Foundation invested more than
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Strength in prosperity In 2004, RBC presented the First Nations Business Forum and Trade Show in British Columbia. RBC has sponsored the Canadian Executive Service Organization’s national MBA Experience Program since 1994, teaming graduate students with aboriginal leaders to work on six economic development projects in 2004 alone. RBC strives to support aboriginal-led businesses, such as our sponsorship of the Venturing Forth TV program. In 2004, we became a founding member of the Canadian Aboriginal and Minority Supplier Council (see Employment, taxes and purchasing). RBC enhanced our On Reserve Housing Loan Program this year, to help more families enjoy the long-term benefits of home ownership. The power of education Since its inception in 1992, RBC’s Aboriginal Student Awards Program has provided 59 scholarships totalling $548,000. Five students were recipients in 2004, selected by an independent committee of academics from the aboriginal community. RBC’s national Aboriginal Stay in School Program has provided “work and learn” opportunities for youth since 1994. In 2004, some of our extraordinary students included Quebec’s Skawenniio Barnes, the Mohawk teenager who became known for initiating a public campaign to collect 35,000 books for her Kahnawake community library. For the past eight years, we’ve partnered with the National Aboriginal Achievement Foundation to co-sponsor Blueprint for the Future, a national career fair for high school students. Legacy of caring In 2004, a Christmas gift box program in Ontario involved collecting gifts for the 900 children of Kashechewan, a Cree community on James Bay. RBC also supports aboriginal causes at a corporate level. We funded a shipment of 50,000 books in a drive to fill empty shelves in libraries across 26 First Nation communities in Ontario, donated $35,000 to set up Breakfast for Learning programs across Canada, and supported the National Aboriginal Achievement Foundation with a gift of $30,000.
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