First Nations gain stake in N.S. and N.B. energy project – 101.5 The Hawk

Jan 29, 2026

Indigenous ownership in Atlantic Canada’s energy system is expanding. A new federal loan will help First Nations in Nova Scotia and New Brunswick buy into a major transmission project.

The Canada Infrastructure Bank (CIB) is providing $54 million in equity loans to support Indigenous ownership in the Wasoqonatl intertie, a 160‑kilometre, 345‑kilovolt transmission line running parallel to the existing connection between Onslow, Nova Scotia, and Salisbury, New Brunswick.

CIB said the new financing brings its total commitment to the project to $285 million.

Read More: https://www.1015thehawk.com/2026/01/29/first-nations-gain-stake-in-n-s-and-n-b-energy-project/#