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

Federal candidates meet at riding boundary in Kelowna

They’re hoping to encourage people to vote by informing people where they’re meant to vote

Kelowna Rockets GM anxious for season’s start

Big off-season changes, the Memorial Cup; it’s all coming together for Bruce Hamilton

$13 million Kelowna cannabis facility deal terminated

GTEC Holdings did not give a reason for the purchase’s cancellation

Study paints positive financial situation for WFN

A study suggests WFN leading the way in generating financial revenue for its members

Lake Country aims to find happy-medium in Airport Inn shutdown

Airport Inn residents will have until Oct. 5. to find a new home unless an appeal is approved

‘I shouldn’t have done it,’ Trudeau says of brownface photo

Trudeau says he also wore makeup while performing a version of a Harry Belafonte song

Vernon race organizer head-butted by homeless man won’t be stopped

Man arrested after allegedly stealing race flags, assaulting woman in Kalamalka Lake park

Penticton man with multiple driving infractions loses appeal on ‘harsh’ sentence

Driver has been convicted multiple times, including for criminal negligence causing death

B.C. ‘tent city’ disputes spark call for local government autonomy

UBCM backs Maple Ridge after province overrules city

B.C. drug dealers arrested after traffic stop near Banff turns into helicopter pursuit

Antonio Nolasco-Padia, 23, and Dina Anthony, 55, both well-known to Chilliwack law enforcement

B.C. MLA calls on province to restrict vaping as first related illness appears in Canada

Todd Stone, Liberal MLA for Kamloops-South Thompson, introduced an anti-vaping bill in April

Chilliwack woman wins right to medically assisted death after three-year court battle

Julia Lamb has been the lead plaintiff in a legal battle to ease restrictions on Canada’s assisted dying laws

Most Read