Enbridge deal with Indigenous groups in Alberta a model for Trans Mountain sale, say industry insiders

But the financial architect behind one of the Indigenous bids for Trans Mountain says any ownership stake must be large enough to give Indigenous groups a seat at the table for major decisions, and not just a share in the revenue.

Finance Minister Chrystia Freeland announced on Feb. 18, 2022, that the federal government would not put any more public money into the Trans Mountain Corporation, but critics say the loan guarantees the government has provided since then still count as public money.The Hill Times photograph by Sam Garcia

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BY KEVIN PHILIPUPILLAI

October 10, 2022

A recently announced pipeline deal in Alberta provides a preview of what a successful Indigenous bid for a stake in the Trans Mountain pipeline could look like. But the federal government, the potential Indigenous buyers, and the oil companies who pay to use the pipel...

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