That's how you do it
posted on
Jun 01, 2018 11:01PM
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
The coalition said it wants to buy an equity share in the pipeline to help secure the economic future of their communities.
For those bands that have been consulted for almost a decade and still seem to have no way to move forward take note of these groups. Take the next step for your people who are apparently unhappy with their way of life. Do you need to wait for the feds to step in and move this forward as a national interest? Chromite is the new oil.
Indigenous groups in the Fort McMurray region say they want to buy an equity share in the controversial Trans Mountain pipeline. (CBC)
Indigenous groups in the Fort McMurray region of Alberta have put governments on notice they want to buy an equity share in the controversial Trans Mountain pipeline.
While Premier Rachel Notley was in Fort McMurray doing a victory lap after the federal government agreed to buy the Trans Mountain pipeline, Indigenous leaders released a statement that they intended to buy an equity stake in the line.
"You know, in order for us to be successful, we need to move the oil," Athabasca Chipewyan First Nation Chief Allan Adam said after the premier spoke.
The Indigenous groups hand-delivered a letter to Notley during their scheduled meeting with the premier.
Notley said interest from a variety of groups is to be expected in the pipeline and she doesn't doubt, in the spirit of reconciliation, the federal government will consider business proposals from Indigenous groups.
"I'm encouraged to see what we have always known to be the case, that many First Nations and Indigenous leaders across this country see our resources as being a source of income," Notley said.
The Indigenous coalition also sent a letter to Finance Minister Bill Morneau after meeting with federal ministers Amarjeet Sohi and Ralph Goodale on Wednesday.
Earlier this week, the federal government announced it will spend $4.5 billion to buy the Trans Mountain pipeline and related infrastructure, and it will also take on construction of the pipeline to the west coast.
The government has also said it is interested in finding a new buyer to operate the pipeline.
Indigenous groups in Alberta and B.C. and pension funds have expressed interest in purchasing the pipeline from the government.
The Alberta Indigenous groups represent five First Nations that form part of the Athabasca Tribal Council, and five that form part of the Athabasca River Métis.
All but the Fort McKay First Nation signed the letter, said Ron Quintal, president of the Athabasca River Métis.
The coalition said it wants to buy an equity share in the pipeline to help secure the economic future of their communities.
Many of the region's First Nations and Métis groups already own companies involved in the oilsands.
The Fort Mckay First Nation and the Mikisew Cree First Nation purchased a 49 per cent share in a Suncor tank farm in November.
The groups said they want a seat at the table to ensure the pipeline is built with the highest respect for the environment.
"There are no bad pipelines from our perspective," Quintal said. "There are bad operators. So from our perspective, it is not just about buying in to become fiscally sustainable. It's so we can be environmentally sustainable."
The leaders said they'll only buy into the pipeline after consultation with their members and their elders.