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Local Indigenous Groups Continue Talks To Buy Equity In The Trans Mountain Pipeline

Fort McMurray, AB, Canada / MIX 103.7
Local Indigenous Groups Continue Talks To Buy Equity In The Trans Mountain Pipeline

Trans Mountain Pipeline // Kinder Morgan

Local Indigenous groups are still working to acquire a stake in the Trans Mountain Pipeline project.

Over the weekend, at the Métis Nation of Alberta’s General Assembly, delegates voted to continue supporting the pipeline and to push for ownership and equity.

McMurray Métis CEO Bill Loutitt says they’ve had discussions with the provincial and federal governments highlighting the need for Indigenous ownership.

“With the adoption of this motion by the Métis Nation of Alberta it will only strengthen our position during negotiations in the months ahead,” Louitt said in a release.

Local First Nation and Métis groups first revealed their intentions on buying an equity stake together in the Trans Mountain pipeline in May – after the federal government announced the purchase of the project from Kinder Morgan for $4.5 billion.

The group of Indigenous communities sent a formal request to finance minister Bill Morneau and Premier Rachel Notley to begin discussions.

Athabasca Chipewyan First Nation Chief Allan Adam says because other First Nations could potentially come forward and join the pact, a 50 per cent stake is not out of the question.

He adds he looks forward to what lies ahead should the First Nation groups decide to invest.

“Everything is moving forward, we cannot stop now.”

– With files from Jaryn Vecchio

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