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Home Canadian Press Alberta's UCP would create Indigenous crown corporation, help investments

Alberta’s UCP would create Indigenous crown corporation, help investments

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EDMONTON, A.B. – United Conservative Leader Jason Kenney says an Alberta government led by him would help Indigenous communities invest in resource projects.

He says a UCP government would consult with First Nations in establishing a Crown Corporation called the Aboriginal Opportunities Corporation.

And it would backstop up to $1 billion in Indigenous investment in natural resource projects and infrastructure, including pipelines.

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In the leadup to the April 16 provincial election, Kenney has been hammering on the records of the Alberta NDP and federal Liberals on building new market-opening pipelines.

Kenney says many First Nations support projects like the stalled Trans Mountain expansion to the West Coast, but do not have financial means to buy a stake.

He says a Crown corporation would provide technical and advisory support to Indigenous communities and offer a range of financial tools.

“We need to do something dramatically different to end the stalemate that has left Alberta energy landlocked and has led to a jobs crisis in our province,” Kenney said at the Enoch Cree Nation near Edmonton on Wednesday.

“The Trudeau-Notley alliance has killed two pipelines, put two more on life support, and is threatening our future with anti-pipeline laws like Bill C-69 and C-48.”

Bill C-69 refers to federal legislation overhauling how resource projects are reviewed and C-48 pertains to an oil tanker ban on the northern B.C. coast.

“We need a radically new approach from the failure of the past so we can get a fair price for our energy, and we need to move beyond empty words to give real, concrete meaning to reconciliation with Aboriginal Canadians,” Kenney said.

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