Media advisory - Assembly of First Nations and Royal Bank of Canada to sign historic Memorandum of Understanding that will commit both organizations to joint work targeting economic development, employment, and environmental sustainability

    OTTAWA, Dec. 12 /CNW Telbec/ - Ottawa) The Royal Bank of Canada (RBC)
will officially join the Assembly of First Nation's (AFN) Corporate Challenge
with the signing of a Memorandum of Understanding (MoU) on the final day of
the Special Chiefs Assembly in Ottawa.
    "Royal Bank of Canada and First Nations have enjoyed a productive working
relationship for the past several decades. We are very excited that RBC has
expanded its commitment to protecting the environment, particularly water,
forests, and the climate - all of which are woven into the very fabric of
First Nations' life," said Assembly of First Nations National Chief Phil
Fontaine. "But we also need institutions like RBC to work more closely with us
on maximizing the limitless potential being offered by our young, growing
population, combined with the increasing number of First Nations communities
who are engaging in economic development and business enterprises."
    "We are proud to sign this agreement, which represents an important step
forward in the sustainable development of Canada's First Nations'communities,"
said Gordon Nixon, President and CEO of RBC. "Corporate Canada can and must
play a more active role in helping to create economic opportunity for
Aboriginal peoples, and we look forward to working jointly with the AFN
towards this objective."

    WHERE: Main Ball Room, Westin Hotel, Colonel By Drive, Ottawa

    WHEN: 11:30 a.m. Thursday, December 13, 2007

    The Assembly of First Nations is the national organization representing
First Nations in Canada.

For further information:

For further information: Bryan Hendry, Policy Analyst, Assembly of First
Nations, (613) 293-6106 cell,; Nancy Pine, Office of the
National Chief, Assembly of First Nations, (613) 298-6382 cell,;
Beja Rodeck, RBC, (416) 974-5506,

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