Maintenance on the Trans Mountain pipeline, which has run from Alberta to B.C. and Washington since 1954. (Black Press files)

Indigenous bidders for Trans Mountain pipeline await Ottawa decision

Multiple offers line up for controlling stake in pipeline

There are as many as half a dozen Indigenous groups interested in an equity stake in the Trans Mountain pipeline and its expansion project from Alberta to the coast, and Shane Gottfriedson wants his bid to emerge as the winner.

Gottfriedson, former chief of the Kamloops-based Tk’emlups te Secwepemc, is now B.C. director of Project Reconciliation, which hopes to lead the effort to acquire a majority stake in Trans Mountain. The oil and fuel pipeline that has run through his territory since 1954 is a step towards financial self-sufficiency for up to 300 Indigenous groups in Western Canada, Gottfriedson said during a visit to the B.C. legislature Wednesday.

The federal cabinet is expected to announce approval of the project on June 18, after a court-ordered review of Indigenous consultation and the impact of expanded crude oil shipping on marine life.

“We’ve had some preliminary discussions with the federal government,” Gottfriedson said. “We’re anxiously waiting for the June 18 decision to come down so we can continue to move forward.”

Project Reconciliation is preparing to announce a financial partner in the venture in the coming weeks, he said.

“We are offering all Indigenous groups in Western Canada – more than 300 in B.C., Alberta and Saskatchewan – to sign up as majority shareholders for a 51 per cent stake in the Trans Mountain pipeline,” Gottfriedson said. “As a former chief I am here to tell you, it is high time we shifted our focus from managing historic poverty to managing future prosperity.”

Project Reconciliation vows to put 80 per cent of its pipeline profits into a “sovereign wealth fund” to develop infrastructure and businesses in Indigenous communities.

RELATED: B.C., Alberta Indigenous leaders to bid for pipeline share

RELATED: Trudeau touts pipeline to supporters in B.C. speech

Another equity proposal is being proposed by the Alberta-based Indian Resources Council, representing Treaty 6, 7 and 8 communities in Alberta, Treaty 8 communities in B.C.’s northeast and communities in Saskatchewan.


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

Just Posted

North Island Midget Eagles get their feet wet against Alberni Valley Bulldogs

The North Island Midget Eagles travelled down island to face off against the Bulldogs.

Candidates illuminate different visions of Port Alice’s future

The candidates were asked if they believed the pulp mill could run again.

VIDEO: Terry Fox Run returns to Port Hardy for the first time since 2016

All told, Port Hardy’s Terry Fox Run raised $2,200.30 with more still coming in.

2019 FEDERAL ELECTION: Meet the candidates for the North Island-Powell River riding

In an effort to inform the North Island-Powell River riding constituents, we… Continue reading

Port Hardy celebrates Pride Day at Sacred Wolf Friendship Centre

In the evening, FISH TACO: A Seaside Drag performance was held at the Quarterdeck Pub.

VIDEO: Drone footage documents work to free salmon at Big Bar landslide

Video shows crews working to remove rocks and wood, and transporting salmon by helicopter

Man who crushed Nanaimo RCMP cars with stolen truck gets more jail time

Majore Jackson, 34, sentenced to two more years in jail in provincial court in Nanaimo

Defense says burden of proof not met in double murder case against Victoria father

Closing statements begin in trial for man accused of killing daughters Christmas 2017

B.C. dog breeder banned again after 46 dogs seized

The SPCA seized the animals from Terry Baker, 66, in February 2018

Surrey mom allegedly paid $400,000 for son in U.S. college bribery scam

Xiaoning Sui, 48, was arrested in Spain on Monday night

Three dogs found shot dead in Prince George ditch

The three adult dogs appeared to be well cared for before being found with gunshot wounds, BC SPCA says

B.C. party bus company to be monitored after 40 intoxicated teens found onboard

Police received tip teens and young adults were drinking on party buses and limousines in Surrey

Rick Mercer calls out Conservative candidate in B.C. for fake meme

‘Not true. All fake. Please Stop,’ tweeted Rick Mercer in response

Bear killed in Kimberley after chasing girl, wreaking havoc on town

This particular brown-coloured bear has been the subject of many calls this summer; very food habituated, CO says

Most Read