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 emergency and safety organizations get government funding

Seven not-for-profit emergency and safety organizations in the North Island received $219,500… Continue reading

Campbell River Killer Whales divide and conquer meets on opposite sides of the country

Eight athletes competed in Montreal, while 15 made a splash in Victoria over the weekend

Campbell River mom’s iPhone containing priceless photos stolen from Victoria hospital parkade

The phone contained photos, heartbeat recordings of her late son

Campbell River Amnesty International chapter to host Write for Rights events

Opportunity to take action on human rights cases focussing on youth Dec. 10 at the library

‘Kind of lacking:’ Injured Bronco wonders why Canada won’t fund spinal surgery

“I think if Canada can step in and advance this program”

Chilliwack family’s therapy dog injured in hit and run

Miniature pit bull Fifty’s owner is a single mother facing close to $10,000 in vet bills

Cougar destroyed in Penticton area after mauling dog, killing cat

This is the first reported incident with a cougar this year in the Penticton area

Feds not enforcing standards on Hungarian duck imports, B.C. farmer says

‘You have no way of knowing what’s in the bag’

No reports yet of Canadians affected by New Zealand volcano eruption, feds say

Missing and injured included tourists from the U.S., China, Australia, Britain and Malaysia

Vancouver Island blues musician’s mother’s home burglarized and ransacked

David Gogo’s 71-year-old mother has jewelry and artwork stolen in break-in

Dance cancelled after Alberta teacher’s climate lesson prompts online threats

School district near Red Deer cancelled annual family dance due to Facebook comments

In surprise move, defence won’t call witnesses for accused in Abbotsford school killing

‘Change of instructions’ results in defence closing case without calling evidence

Most Read