Pipe for the Trans Mountain pipeline is unloaded in Edson, Alta. (THE CANADIAN PRESS/Jason Franson)

Trans Mountain bid could be ready next week, Indigenous group says

Project Reconciliation wants to buy a 51-per-cent stake in the pipeline from the federal government

An Indigenous-led group says it will soon be ready to make a bid for majority ownership of the controversial Trans Mountain pipeline currently owned by the federal government.

The group, called Project Reconciliation, says it will be prepared as early as next week to talk with Ottawa about its proposal for a 51 per cent stake in the pipeline.

Project Reconciliation says the bid will be underwritten by contracts with pipeline customers and not rely on taxpayers.

The group says almost 340 Indigenous communities across B.C., Alberta, and Saskatchewan could choose to share ownership of the pipeline, which is designed to ship crude oil from the oilsands to the West Coast.

“There’s real momentum towards Indigenous ownership,” said Delbert Wapass, founder and executive chair of Project Reconciliation in a statement.

“It’s exciting to see support is growing in governments and among Indigenous people. There is a pipeline to reconciliation and we should take it.”

Project Reconciliation says it plans to set aside 80 per cent of future proceeds from the pipeline into a type of sovereign wealth fund to ensure longer-term benefits for Indigenous communities in Western Canada.

A separate Indigenous-led group called the Iron Coalition is looking to secure ownership of the pipeline for First Nations and Metis communities in Alberta. The group says it would distribute proceeds to member communities based on ownership share and population.

The government says it is open to Indigenous ownership of the project and will host discussions in Vancouver, Victoria, Edmonton and Kamloops, B.C. later this month with Indigenous groups to further discussions on potential participation in the economic development of the project.

Ottawa reapproved the pipeline last month after its initial go-ahead was quashed by the Federal Court of Appeal over incomplete Indigenous consultations and a faulty environmental review. The government bought the pipeline for $4.5 billion last year in an effort to keep the expansion project alive.

The project has support from some Indigenous groups along the route, but faces intense opposition from others, especially on the coast.

In May, the Union of B.C. Indian Chiefs warned First Nations in an open letter that they should reconsider investing in the pipeline because it faces many hurdles, including Indigenous land claims, and it is unlikely to be as profitable as the government says.

Chief Leah George-Wilson of the Tsleil-Waututh First Nation said after the most recent approval that it will appeal Ottawa’s decision to the Federal Court of Appeal.

The Canadian Press

Like us on Facebook and follow us on Twitter

Just Posted

Cranbrook fighter wins third consecutive national title

Tyson Hirscher’s third year of National Gold: A Coach’s Perspective

Interior Health CEO talks patient transfers, staffing challenges

Susan Brown takes questions on local, regional health care issues at a recent public meeting

Snowfall warning for Kootenay and Paulson passes

Up to 30 cm expected in mountain passes Saturday and Sunday.

Monkey Do’s Childcare talks expansion, government funding

The B.C. Government has been working to improve childcare in the province… Continue reading

Moose tests positive for Chronic Wasting Disease in northwest Montana

This is the first time the disease has been detected in the species in Montana

Cold, stormy winter forecast across much of Canada, The Weather Network predicts

In British Columbia temperatures will be slightly above normal and precipitation will be just below normal

UPDATED: Vancouver Island’s Joe gets suspended sentence in Teddy the dog cruelty case

Melissa Tooshley expected in court on Thursday in same case

Nineteen boats carrying invasive mussels stopped at B.C. borders

Waters of Columbia-Shuswap still test mussel-free

Woman ‘horrified’ after being told to trek 200 kilometres home from Kamloops hospital

‘I can’t get from Kamloops back to 100 Mile House injured, confused… no shoes, no clothes whatsoever’

Canadian universities encourage exchange students in Hong Kong to head home

UBC said 11 of its 32 students completing programs in Hong Kong have already left

Midget no more: Sweeping division name changes coming to minor hockey in Canada

Alpha-numeric division names will be used for the 2020-2021 season and beyond

Duncan man gets suspended sentence in Teddy the dog cruelty trial

Joe also gets lifetime ban on owning animals

B.C. pushes for greater industry ‘transparency’ in gasoline pricing

Legislation responds to fuel price gap of up to 13 cents

B.C. woman ordered to return dog to ex-boyfriend for $2,000

After the two broke up, documents state, they agree to share custody of the dog, named Harlen

Most Read