By Sonal Gupta, Local Journalism Initiative Reporter, Canada’s National Observer For decades, a natural gas pipeline has cut through the territories of dozens of First Nations in BC \u2014 moving billions of dollars\u2019 worth of gas with zero ownership and little return to the communities. Now, 36 First Nations have bought in. \u201cFor decades, the nations have watched resources leave their communities with very minimal benefit,\u201d said Justin Napoleon, from Saulteau First Nation and director of Stonlasec8, a newly formed, Indigenous-owned, limited partnership made up of 36 First Nations in BC, including Treaty 8 members. In a landmark deal announced today, Stonlasec8 revealed its plan to invest approximately $715 million to acquire a 12.5 per cent ownership in Enbridge Inc.\u2019s Westcoast natural gas pipeline system that stretches from BC\u2019s remote… <\/p>\n
By Sonal Gupta, Local Journalism Initiative Reporter, Canada’s National Observer For decades, a natural gas pipeline has cut through the territories of dozens of First Nations in BC \u2014 moving billions of dollars\u2019 worth of gas with zero ownership and little return to the communities. Now, 36 First Nations have bought in. \u201cFor decades, the nations have watched resources leave their communities with very minimal benefit,\u201d said Justin Napoleon, from Saulteau First Nation and director of Stonlasec8, a newly formed, Indigenous-owned, limited partnership made up of 36 First Nations in BC, including Treaty 8 members. In a landmark deal announced today, Stonlasec8 revealed its plan to invest approximately $715 million to acquire a 12.5 per cent ownership in Enbridge Inc.\u2019s Westcoast natural gas pipeline system that stretches from BC\u2019s remote... <\/p>\n