Federal Finance Minister Bill Morneau speaks to the Economic Club of Canada about the federal budget in Calgary, Alta., Monday, March 25, 2019.THE CANADIAN PRESS/Jeff McIntosh

Morneau unveils principles for Indigenous ownership in Trans Mountain pipeline

The controversial pipeline was bought by Ottawa last year

Finance Minister Bill Morneau says the government remains committed to putting the Trans Mountain pipeline and its proposed expansion back in private hands as he unveiled four principles for including Indigenous groups in those discussions.

But he says timing and details of the sale of the pipeline depends on when it is “de-risked” and therefore can’t be determined until consultations now underway with affected Indigenous groups are completed.

The minister says discussions of potential Indigenous ownership could proceed if the communities would have “meaningful economic participation”, if the deal can proceed in the spirit of reconciliation, and if the resulting entity works to the benefit of all Canadians and on a commercial basis.

Morneau is in Calgary to promote last week’s federal budget. His next stops are in Vancouver and Edmonton.

Chanting and honking horns could be heard from a large gathering of pro-pipeline picketers across the street from the Fairmont Palliser hotel while Morneau spoke to the Economic Club of Canada.

In his speech, he said Ottawa realizes that resource-dependent provinces like Alberta have different economic challenges than others and vowed to continue to implement measures that encourage confidence and optimism.

“We’ve been very clear that we see the importance of getting our resources to international markets. We’ve also been very clear that the only way these projects can get done is if they’re done in the right way,” he said.

“I hope and expect that Albertans will see that we’re comporting ourselves in the way we need to in the face of getting a project done.”

READ MORE: B.C. argues it cannot stop Trans Mountain, but it can protect environment

The Canadian Press


Like us on Facebook and follow us on Twitter.

Just Posted

KidStart wants you to give the gift of time this Christmas

‘It makes people feel valued, and that’s one of the most important things in the world’

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

VIDEO: Kenney lays out key demands for meeting with Trudeau

Alberta Premier Jason Kenney aims for clear signs of federal action on two-day Ottawa trip

Province sues over sailing incident that killed teen with disabilities

Gabriel Pollard, 16, died from injuries after marine lift failed

First Nations want Big Bar landslide cleared ASAP to allow fish passage

Leadership calling for urgent action and resources to remove obstruction on the Fraser

Assessed value of Lower Mainland homes expected to decrease in 2020

Other areas of province may see modest increases over last year’s values

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

Most Read