An indigenous-led group plans to offer to buy a majority stake in the Trans Moun...
CALGARY, Alberta/WINNIPEG, Manitoba - An indigenous-led group plans to offer to buy a majority stake in the Trans Mountain oil pipeline from the Canadian government this week or next, a deal that could help Prime Minister Justin Trudeau mitigate election-year criticism from environmentalists.
Expansion would triple capacity of the pipeline carrying crude from Alberta to British Columbia’s coast, helping resuscitate an industry depressed by low prices and congested pipelines. When Trudeau approved the pipeline in June, he said his government would immediately consult indigenous communities on how they can benefit, including potentially buying the pipeline.“There is a vocal minority . The majority are in favor especially if they have material ownership and a place at the table that allows them to be involved with environmental aspects,” Mason said. “If we own it, chances are we can quiet down the opposition.
Before Chief Tony Alexis was born, Trans Mountain was built underground on Alexis Nakota Sioux Nation traditional land near Edmonton, Alberta, where the pipeline starts.
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