First Nations group to reveal plan to own 51% of Trans Mountain pipeline
Posted May 29, 2019 3:05 pm.
VICTORIA (NEWS 1130) – Several First Nations in Western Canada are expected to announce a 51 per cent purchase of the TransMountain pipeline next week.
B.C. Director of Project Reconciliation Shane Gottfriedson said an announcement in Ottawa will include how they’re planning on paying the multi-billion dollar price tag for a majority share of the project.
Minister resp @GeorgeHeyman asked about Project Reconciliation says no matter who owns the pipeline BCs position on #TransMountain doesn’t change. The issue is protecting the coast/environment. #bcpoli pic.twitter.com/ls9GL69NId
— LizaYuzda (@LizaYuzda) May 29, 2019
He said that overall reconciliation is not just about social change, but about economic change as well.
“We’re not just mom and pop operations any more. As First Nations, we want to be actively involved in all major projects across this country and Project Reconciliation and the TransMountain pipeline is one option,” Gottfriedson said.
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The federal government said any discussion on potential sales will only happen when, and if, the project gets final approval.
The B.C. government said opposition to the pipeline will remain regardless of who owns it.
