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Ideas are useful when they lead to action.

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Canadian 10 Cents

Independent perspectives from Ari Elo on Canadian business, investment, project development, Indigenous economic participation, market development and the intersection between capital, communities, technology and execution.

An Insights series from LIOLIA Corporation

Looking beyond the headline.

The objective isn't to have the last word. It's to ask useful questions and contribute to the conversation.

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Useful market development starts with understanding what is changing, what is missing, who needs to be involved and what has to happen next.

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Canadian 10 Cents · Ari Elo · September 2026

Who Owns the Equity?

Indigenous participation in major development raises a structural question that goes beyond consultation: who structures the deal, and who owns the equity?

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