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

Castor hosts first in region ‘Music in the Park’

Around 100 Castor residents came to enjoy music and fellowship at the event

Changes coming to this year’s Big Valley Jamboree

Camrose’s popular country music festival ‘enhances guest experience’

Pig Roast and the dance was held June 22nd

Castor Rodeo, which was postponed due to weather, will proceeed on July 11th and 12th

Stettler County continues to work with Paradise Shores developers

The County issued a Stop Order for the site in May

Local woman recalls potentially deadly injury from mowing the lawn

Shannon McTavish underwent extensive surgery after metal piece lodged in her neck

VIDEO: Tributes flow on 10th anniversary of Michael Jackson’s death

Jackson received a fatal dose of the anesthetic propofol on June 25, 2009. He died at age 50

Accused mother cries at Alberta trial over boy who died of meningitis

Parents charged with failing to provide necessaries of life for their son who died in 2012

Ponoka County receives update from energy lobby group

CAPP hopes to work with municipalities on property tax issues

Air Canada reviewing how crew left sleeping passenger on parked plane

In a Facebook post, the woman said she woke up ‘all alone’ on a ‘cold dark’ aircraft

Canadians crash out of Women’s World Cup in 0-1 loss to Sweden

Canada missed a chance to tie the game on a penalty shot

Late night fight in Wetaskiwin results in aggravated assault, assault with a weapon charges

Wetaskiwin RCMP investigate armed robbery and aggravated assault

Maskwacis featured in documentary series that unearths Indigenous cuisine

Red Chef Revival’s host visits community, elders and Nipisihkopahk School

PHOTOS: Event marks one year since soccer team rescued from Thai cave

Nine players and coach took part in marathon and bike event to help improve conditions at cave

Fighter Jets light up Bucs’ to take AFL first place

38-3 loss puts Central Alberta into second place in the AFL

Most Read