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Finding a Path Forward for the Energy Sector: Ken Coates for Inside Policy – MLI

Much as opponents of Canadian oil and gas production hate to admit it, the future of the industry appears to be set. Construction on the Coastal GasLink pipeline to Kitimat continues. Work on the Trans Mountain pipeline is well-advanced. The Canadian portion of Line 3 is essentially finished. Protests killed the Northern Gateway project several years ago, but work proceeds, at least for now, on the Keystone XL pipeline to the United States.

Recent developments also make clear that Indigenous peoples will be major players in the future of the Canadian energy sector. With support from the Alberta Indigenous Opportunities Corporation, Alberta First Nations recently invested in a new $1.5 billion natural gas power plant. The same fund is providing $1 billion in capital for Indigenous investment in the Keystone XL. The First Nations Major Project Coalition and some of its members are involved with investments in the Coastal GasLink project and other energy initiatives. The Squamish First Nation has made a major commitment to the Woodfibre LNG plant, just as the Haisla First Nation is a keen supporter of the LNG Canada project.

Read More: https://www.macdonaldlaurier.ca/finding-a-path-forwards-for-the-energy-sector/

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