Aug 21, 2025
Indigenous investment stake in project will depend on outcome of rights-impact assessment, group says
Mi’kmaw communities have not made a financial investment in a proposed natural gas plant and may never own a stake in the project, despite company claims to the contrary.
ProEnergy, the U.S. company hired by N.B. Power to build the plant in Tantramar, has promoted an Indigenous ownership stake in the project, a claim repeated by Premier Susan Holt.
“North Shore Mi’kmaq Tribal Council is a minority equity holder in the project,” Landon Tessner, ProEnergy’s vice-president commercial, said during a public meeting in July organized by the Impact Assessment Agency of Canada.
Read More: https://www.cbc.ca/news/canada/new-brunswick/no-mikmaw-ownership-gas-plant-1.7613798
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