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.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Okanagan rinks have mixed results as BC Seniors Curling finals begin

A total of 15 rinks are competing in Vernon for right to go to nationals in Manitoba

‘The NDP of the ’90s is back’: Kelowna-Lake Country MLA voices concerns over 2020 budget

Kelowna-Lake Country MLA Norm Letnick said the new budget is “classic NDP tax-and-spend”

Canadian Air Force joins Okanagan rescue of missing Kelowna snowmobiler

The teen had been missing since just after 6 p.m. on Monday

City of Kelowna signs UNHCR statement of solidarity with refugees

The #WithRefugees campaign invites cities working to promote inclusion and support refugees

Aquilini Group addresses heating complaints at SOPA Square in Kelowna

Some store owners have been without heat at development for up to a month

VIDEO: 7 things you need to know about the 2020 B.C. budget

Surplus of $227 million with big spending on infrastructure and capital projects

Trees Cannabis director fined $1.5M for selling marijuana

Fine follows provincial crackdown on popular dispensary

World Cup skier from Okanagan dies suddenly at 19

Kuroda, who made his World Cup debut earlier this year, passed away suddenly Monday night.

Coastal GasLink pipeline investor committed to closing deal despite protests

Developer TC Energy Corp. — formerly TransCanada Corp. — is to remain the operator of the $6.6-billion pipeline

New highway proposed between Alberta and B.C.

The route would connect Red Deer to Kamloops

What’s in a name? The story of Revelstoke’s Mt. Begbie

It’s likely the iconic peak had several Indigenous peoples’ names before settlers arrived

Budget 2020: B.C. Liberals blast ‘Netflix tax,’ lack of economic plan

ICBC rates still go up, except in election year, Shirley Bond says

Town of Osoyoos voices support for proposed casino

Osoyoos council voted to submit a letter of support for a proposed casino on OIB land

Two law enforcement trucks ‘deliberately’ set on fire in northern B.C., RCMP say

Police say they have video evidence of a person in the area of the truck fires

Most Read