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Alberta creates $1B fund
for Indigenous Investment in Energy
une 10, 2019, was an historic day for the Alberta will bring in legislation this fall to create a
Federal and First Nations Governments in Crown corporation backstopped by $1 billion to help
Alberta. Indigenous Relations Minister Rick First Nations invest in major energy projects like
JWilson and other cabinet members joined pipelines. There are 48 First Nations belonging to
the government-to-government meeting in Edmon- Cree, Blackfoot, Nakoda or Nakota, Anishinabe and
ton to explore ideas about Indigenous participation Dene cultural groups.
in major energy projects, including the Indigenous
Opportunities Corporation (IOC). Kenney says the corporation addresses a historic
14 JULY 2019 | BUSINESS ELITE CANADA
