Indigenous groups could reap ‘significant’ revenue from stake in new oil pipeline: Crown corp – Yahoo!Finance
December 3, 2025
The head of Alberta’s Indigenous loan agency says a new oil pipeline to the B.C. coast could deliver “significant” returns for Indigenous owners, but stopped short of confirming Premier Danielle Smith‘s speculation that nations could potentially draw up to $1 billion a year.
“Returns can be significant and they can be very meaningful,” Chana Martineau, chief executive of Alberta Indigenous Opportunities Corp., said Tuesday. “Pipelines generate long-term, stable cash flows that are predictable, that the community can count on, that we can count on as lenders. That’s what makes them really attractive.”
Martineau made the comments after Alberta’s premier said the province would look at underwriting an Indigenous stake in a proposed one-million-barrel-per-day pipeline to B.C.’s northern coast, suggesting that it could be up to 50 per-cent owned by First Nations.
