Enbridge Sells Pipeline Stake to Indigenous Group
This is a news story, published by calgaryherald, that relates primarily to First Nations news.
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Enbridge to sell B.C. gas pipeline stake to Indigenous groups
62% Informative
The federal government will provide a $400-million loan guarantee to support a partnership of 36 First Nations in their purchase of a 12.5 per cent interest in the Westcoast pipeline system.
The group, known as the Stonlasec8 Indigenous Alliance Limited Partnership , is buying the stake for $715 million .
The sale is expected to close by the end of June .