Canada plans to sell a stake in the Trans Mountain oil pipeline to Indigenous groups through a special\u002Dpurpose vehicle. Find out more.
Play Video
The government will provide the groups with access to capital so they don’t have to risk any of their own money to participate, according to a letter from Deputy Prime Minister Chrystia Freeland’s office that was obtained by Bloomberg. The communities’ equity interest in Trans Mountain will provide them with cash flows and allow them to jointly exercise governing rights, according to the letter, which was dated Aug. 2.
National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Subscribe now to read the latest news in your city and across Canada.Daily content from Financial Times, the world's leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Create an account or sign in to continue with your reading experience.Share your thoughts and join the conversation in the comments.Don't have an account?
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada to sell Trans Mountain pipeline stake to Indigenous groups through special-purpose vehicleCanada plans to sell a stake in the Trans Mountain oil pipeline to Indigenous groups through a special\u002Dpurpose vehicle. Find out more.
Read more »
Canada to sell Trans Mountain pipeline stake to Indigenous groups through special-purpose vehicleCanada plans to sell a stake in the Trans Mountain oil pipeline to Indigenous groups through a special\u002Dpurpose vehicle. Find out more.
Read more »
Indigenous entrepreneurs determined to participate in digital economyRemote communities playing catchup in the business and communications of the global digital world
Read more »
Indigenous guardians on B.C.'s central coast given park ranger authorityThe pilot program designates 11 Indigenous guardians with same legal authorities as park rangers within parks and protected areas in their ancestral territories
Read more »
Indigenous digital entrepreneurs determined to participate in the New EconomyRemote communities playing catchup in the business and communications of the global digital world
Read more »