It’s quite likely that by year’s end, an Indigenous investor consortium will have acquired majority ownership of the Trans Mountain pipeline, the country’s biggest megaproject. An Indigenous-owned Trans Mountain would establish real Indigenous decision-making and benefit-sharing in ancestral lands. ( DARRYL DYCK / THE CANADIAN PRESS FILE PHOTO )A rumoured half-dozen Indigenous investor consortia are angling for the prize. Indigenous investor groups already boast demonstrated expertise as owners of hundreds of mostly small-scale business enterprises and infrastructure assets. Make no mistake: Indigenous investing in sensitive projects will not becalm all First Nations opponents to, for instance, the controversial Trans Mountain.

Source: thestar April 01, 2019 00:56 UTC