Drumbeats - Canadian Indigenous Investment Podcast

You Can't Legislate Trust: Michael McPhie on Partnership Success


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In this episode, Mark Magnacca and co-host Rob Brant are joined by Michael McPhie, Executive Chairman and Founding Partner at Falkirk Consulting. Michael previously served as President and CEO of the Mining Association of British Columbia, Chair of Ridley Terminals, and Chair of the British Columbia Institute of Technology.

He explained how Indigenous partnership quality determines project velocity in Canadian resource development. Falkirk contributed to Osisko Development Corporation's $700 million Cariboo Gold Project environmental assessment, accomplished in three years instead of a decade or more, through engaging Indigenous communities from the beginning.

Michael's insights are captured in "Weaving Two Worlds," co-authored with Christy Smith of the K'ómoks First Nation. The conversation explored why you cannot legislate trust but must build it through authentic relationships, and how Indigenous-company alignment with government accelerates regulatory approvals whilst removing political risks that damage project economics.

To get a copy of Weaving Two Worlds: Economic Reconciliation Between Indigenous Peoples and the Resource Sector go to this link: https://a.co/d/crUvdlH

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Drumbeats - Canadian Indigenous Investment PodcastBy Canadian Indigenous Investment Summit