The Canadian Press 04/06/2024 15:52 An Indigenous group that opposed the construction of the Coastal GasLink pipeline is urging banks and investors against financing a proposed second phase of the project. Hereditary chiefs of the Wet’suwet’en First Nation of B.C. have written an open letter to Canada’s biggest banks and investors urging them to make a public commitment not to buy any new bonds issued by Calgary-based TC Energy Corp., the company behind Coastal GasLink. The Coastal GasLink pipeline, which was designed to transport natural gas from Western Canada to the Shell-led LNG Canada export facility currently nearing completion in Kitimat, B.C., was completed last fall. TC Energy has not yet made a final investment decision on a potential Phase 2 of the project, which could see the construction of…
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