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

Learning the intricate ‘ins and outs’ of TaeKwon-do

Popular form of self-defense extends back to ancient times

Local archers off to international competition in Nashville

Deacon Barclay, Katlyne Glasier and Taylor Knudtson landed in the top 24 of NASP Canadian archers recently

Stettler youngster Jake Rock in urgent need of a liver transplant

A GoFundMe page has also been set up to help with medical expenses

Subdivision & Development Appeal Board issues Paradise Shores decision, supports County

SDAB determined the developer’s application was incomplete

Local artist captures vivid images via watercolour

Woody McGibbon continues to explore boundless possibilities via watercolour

10 facts about Father’s Day

Did you know that the special day for dads was first celebrated in 1910?

No business case for Trans Mountain expansion, says former environment minister

Cabinet is expected to announce its decision on the expansion of the Alberta-to-B.C. pipeline by Tuesday

Alberta Mountie found not guilty of dangerous driving causing pedestrian’s death

RCMP Const. Michelle Phillips also found not guilty of dangerous driving causing bodily harm

Three Albertans land ‘monster’ sturgeon in B.C.’s Fraser River

For angler who landed the exceptionally large sturgeon it was an ‘incredible dream come true’

Toronto Raptors and their diverse team celebrated worldwide

Team is made up of players from the U.S., Canada, Cameroon, the Republic of Congo, and Spain

Further murder charge laid after alleged targeted hits in two Alberta cities

Jimmy Truong, who is 27, has been charged with first-degree murder in the shooting of Louie Angelo Mojica

Pot edibles, topicals and extracts to hit shelves no earlier than mid-December: Ottawa

Health Canada wrapped its public consultation on the draft rules for cannabis products in February

We the North: Delirious fans celebrate as Raptors win NBA title

Supporters from all over Canada cheer Toronto’s triumph

Excited, anxious fans prepare for Raptors to play in Game 6 of the NBA Finals

The Raptors currently lead the Warriors 3-2 in the best-of-seven series

Most Read