Enbridge boasts equity agreement numbers

Company says most of Aboriginal communities along pipeline route have signed up to an equity sharing agreement.

Most of the Aboriginal communities in B.C. and Alberta along the proposed Northern Gateway Pipeline route have signed on to an equity package with the company, Enbridge declared yesterday

The company issued a statement on June 5 saying that by the May 31 deadline almost 60 per cent of eligible Aboriginal communities have agreed to be part owners in the proposed project, a deal that is expected to provide about $280 million to communities over the first 30 years of the project.

“Through equity ownership, Aboriginal people will be able to generate a significant new and stable revenue stream that could help achieve the priorities of their communities – such as improved health care, education and housing,” said Enbridge spokesperson Paul Stanway in the company’s release.

Stanway later told the Sentinel that the news should put an end to a long-standing criticism of the project.

“It ought to put to bed the argument that we often hear from opponents of Northern Gateway that there’s no Aboriginal support for the project. Clearly that’s not the case,” he said. “Clearly it’s not correct to say [there’s] this wall of opposition and no support for the pipeline.”

Haisla Chief Councillor Ellis Ross said that he’d be curious to know more about who has signed up for equity packages, suggesting that many either have limited exposure to the pipeline’s risks, or have taken the agreement due to their community’s crushing economic situation.

Just Posted

Australian gold mining giant acquires Red Chris mine

Newcrest now owns 70 per cent of the mine south of Iskut and operatorship

All Nations Driving Academy gets $360K boost from province

Terrace-based driving school bridges gap in services for remote northwest B.C. communities

Skeena Watershed reopened for recreational pink and coho

Four sections and tributaries remain closed

Skeena-Bulkley Valley candidates react to finding Trudeau broke ethics law

The election campaign is heating up before the writ has even dropped

Body of ATV rider recovered from bottom of Terrace trail

BC Coroners Service investigating death of man in his 70s

VIDEO: Facebook rolls out tool to block off-Facebook data gathering

CEO Mark Zuckerberg announced the “clear history” feature more than a year ago

B.C. rainbow crosswalk covered in mysterious black substance

Black substance spilled intentionally near Vancouver Island school and difficult to remove

RCMP originally planned to arrest Meng Wanzhou on plane, defence lawyers say

The allegations have not been proven in court. Meng was arrested Dec. 1 at Vancouver airport at the behest of the U.S.

Bodies of two missing Surrey men found near Ashcroft

Ryan Provencher and Richard Scurr have been missing since July 17

Ethics commissioner ready to testify on Trudeau, SNC-Lavalin: NDP critic

A new poll suggests the report hasn’t so far hurt the Liberals’ chances of re-election this fall

Inflation hits Bank of Canada 2% target for second straight month

Prices showed strength in other areas, including an 18.9 per cent increase in the cost of fresh vegetables

Pregnant teachers fight to change WorkSafeBC compensation rules

Agency does not recognize risk to unborn babies when mother catches illness from work

Five hedgehogs quickly adopted after being left at BC SPCA

Lucky new owners picked up their pets from Maple Ridge branch on Aug. 20

Most Read