Indigenous Group Seeking Majority Ownership of Trans Mountain Pipeline

978
Trans Mountain Pipeline

CALGARY – BUSINESS – An Indigenous-led group that wants to buy a majority stake in the Trans Mountain pipeline says a formal bid could be made as early as this month.

When the federal government re-approved the pipeline’s expansion last month, the prime minister said he was open to as high as 100 per cent Indigenous ownership.

“There’s real momentum towards Indigenous ownership,” said Delbert Wapass, Founder and Executive Chair of Project Reconciliation. “It’s exciting to see support is growing in governments and among Indigenous people. There is a pipeline to reconciliation and we should take it.”

Steve Mason serves as its Managing Director, has been heading financing.

“We’ve been assembling something that will work for all sides and it will be ready as early as next week. When the government wants to talk, we’ll be ready,” he said.

Project Reconciliation’s innovative ownership structure is open to almost 340 First Nations and Métis communities in Alberta, B.C., and Saskatchewan.

Previous articleThis is the secret to getting Tanner Chidester’s envious sculpted body
Next articleForest Fire Situation Update Northwest Region July 02, 2019
NetNewsledger.com or NNL offers news, information, opinions and positive ideas for Thunder Bay, Ontario, Northwestern Ontario and the world. NNL covers a large region of Ontario, but we are also widely read around the country and the world. To reach us by email: newsroom@netnewsledger.com. Reach the Newsroom: (807) 355-1862